8 WATERFRONT APARTMENTS ON SUNSET BEACH

Multi-Family for Sale
Catylist Listing ID: 30314947
Number of Units: 8 Units
Building Size (RSF): 4,704 SF
Gross Building Area: 7,340 SF
Sale Price: $1,995,000
Unit Price: $249,375 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2018

Overview / Comments

BEAUTIFUL SUNSET BEACH IN TREASURE ISLAND. DOUBLE LOT ON THE WATER. GROSSES APPROXIMATELY $55,000 A YEAR. 8 UNITS WITH THREE 2 BEDROOMS AND FIVE 1 BEDROOMS.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $7,802 (Annual)
Gross Operating Income $55,000 (Annual)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 36-31-15-87426-003-0020
Zoning: RESIDENTIAL/MULTIFAMILY 15
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 1
Year Built: 1955
Roof Type: Flat
Construction/Siding: Block
Exterior Description: NICE COURTYARDS AND COVER PARKING.
In Flood Plain?: Yes
Lot Frontage: 100
Lot Depth: 126
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SUNSET BEACH UNIT 3 BLK 3, LOTS 2 AND 3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,693 49,869 149,076
Median Age: 60.45 53.32 47.63
Households: 3,435 25,771 69,245

Contact

Photograph of Listing Agent

Mel Lenehan PA

Charles Rutenberg Realty
CE-FL Member
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