Palm Harbor Multifamily For Sale
Multi-Family
for Sale
| Catylist Listing ID: |
30515465 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
7 Units |
| Building Size (RSF): |
14,952 SF |
| Gross Land Area: |
0.70 Acres
|
| Sale Price: |
$3,500,000 |
| Unit Price: |
$500,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
4.11% |
| Last Updated: |
6/16/2020 |
Overview / Comments
KW Commercial is proud to present for sale this beautiful and newly constructed
townhome community located in downtown Palm Harbor. Built in 2018, the owner spared no expense in constructing this property with class A upgrades for quality and comfort, all while keeping the highest hurricane rating standards in mind. Located close to some of the best shops, restaurants, entertainment, and local amenities that Palm Harbor has to offer, these units are in high rental demand. In addition to its superior proximity to amenities, Palm Harbor University High School, a nationally recognized high school, is less than a mile away. This further adds to the desirability of this community among renters. This property offers easy access to Alt. 19 and US 19, allowing for quick routes to employment, as well as easy access to beautiful destinations such as Dunedin, Clearwater Beach, and Crystal Beach. This is the perfect property for someone looking to invest their money for long-term, stabilized cashflow in a low-maintenance and performing asset. All information provided in this offering has been provided and deemed accurate by the owner.
|
Additional Details
| Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
| County: |
Pinellas |
| Tax ID/APN: |
15 28 01 88560 093 0600 |
| Percent Occupied: |
100% |
| Site Description: |
Site has four address associated with sale:
905 Georgia Ave., Palm Harbor, FL 34683
906 Florida Ave., Palm Harbor, FL 34683
909 Georgia Ave., Palm Harbor, FL 34683
910 Florida Ave., Palm Harbor, FL 34683 |
| Total Number of Buildings: |
3 |
| Property Condition: |
Excellent |
| Number of Stories: |
2 |
| Year Built: |
2018 |
| Construction/Siding: |
Wood Frame |
| Parking Type: |
Structure |
| Parking Description: |
Each unit has a 2-car garage. There are an additional two surface parking spots for guests. |
| Total Parking Spaces: |
16 |
| Laundry: |
In Each Unit |
| Fuel: |
Electric |
| Interior Description: |
Newly built, high-end upgrades. Each unit has 3 bedrooms, 2.5 baths, and a 2-car garage. Fully upgraded appliances. Split zone AC. |
| In Flood Plain?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,891 |
65,997 |
167,218 |
| Median Age: |
46.6 |
50.01 |
49.91 |
| Households: |
5,363 |
30,072 |
77,509 |
|
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