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- MLS#U7842216
- TypeIncome
- CountyPINELLAS
- CitySt Petersburg
- AreaSt Pete
- Zip33702
- StyleMulti-Family
- Year Built1989
- Taxes1497
- Price$ 5,895,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage753
Listing Provided Courtesy Of:
Broderick & Associates Inc
Property Description
This 45-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.
Price History | |
---|---|
10/11/2020 | Listed $5,895,000 |
General Features
Community Features | Gated Community, Pool, Sidewalk |
---|---|
Construction Materials | Block |
Cooling | Central Air |
Exterior Features | Balcony |
Heating | Central |
MLS Area | 33702 - St Pete |
Parking Features | None, On Street |
Patio/Porch Features | Covered, Deck, Patio, Porch |
Property SubType | Multi-Family |
Property Type | Residential Income |
Roof | Shingle |
Security Features | Gated Community |
Special Listing Conditions | None |
Status | Active |
Terms | Cash, Conventional, Private Financing Available |
Total Num Buildings | 45 |
Total Units | 45 |
Township | 30 |
Utilities | Cable Available, Sprinkler Well |
Year Built | 1989 |
Interior Features
Living Area | 753.00 |
---|---|
Unit Count | 4 |
Exterior Features
Lot Dimensions | 00 |
---|---|
Lot Size Acres | 0.00 |
Vegetation | Trees/Landscaped |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool