For Sale
For Sale
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Year Built
1985
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Total Building Size
7,200 RSF
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Overview
Directly off of 26th W Between Cortez road and State College of Florida MultiFamily Development Opportunity! Income Producing! Existing apartment building with eight 2 bedroom/ 2 bath apartments. All with spacious open floor plans! Each unit is 900 SF. Owner has completely renovated four apartments and is currently working on the remaining four. Rents range from $1500/ month to $1750/ month. All renovations include open plans, new appliances, granite counters, new water heater, updated plumbing and electric. Property will be sold with complete, high quality renovations. The Property includes the 8,625 sf adjacent site suitable for an additional 8 units. Plans were to build another 8 unit apartment building with a possibility of 12 units. The enitre property is in an association with this owner having well over 51% ownership. The property is currently zoned PD-R. The property is located on a lake and includes a pool. AADT: 49,500.
Property Details
Directly off of 26th W Between Cortez road and State College of Florida MultiFamily Development Opportunity! Income Producing! Existing apartment building with eight 2 bedroom/ 2 bath apartments. All with spacious open floor plans! Each unit is 900 SF. Owner has completely renovated four apartments and is currently working on the remaining four. Rents range from $1500/ month to $1750/ month. All renovations include open plans, new appliances, granite counters, new water heater, updated plumbing and electric. Property will be sold with complete, high quality renovations. The Property includes the 8,625 sf adjacent site suitable for an additional 8 units. Plans were to build another 8 unit apartment building with a possibility of 12 units. The enitre property is in an association with this owner having well over 51% ownership. The property is currently zoned PD-R. The property is located on a lake and includes a pool. AADT: 49,500.
- Property TypeMulti-Family
- Submarket
- Year Built1985
- Sale Price$1,800,000
- Total Building Size7,200RSF
- Total Acres2.1
- Sale StatusAvailable
- Property ID2113106