17035 Gulf Blvd
North Redington Beach, FL 33708
El Mar · Multifamily Property For Sale
·
42 Units
Property Facts
| No. Units | 42 | Lot Size | 1.15 AC |
| Property Type | Multifamily | Building Size | 38,600 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1972/2017 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Zoning | CL, N Redington Bch | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 38,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2017 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | CL, N Redington Bch |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
- Range
- Tub/Shower
- Sunroom
- Walk-In Closets
- Carpet
- Yard
- Dining Room
- Window Coverings
Site Amenities
- Fitness Center
- Property Manager on Site
- Grill
- Maintenance on site
- Sundeck
About 17035 GULF BLVD , NORTH REDINGTON BEACH, FL 33708
El Mar is a 42-unit multifamily community located directly across Gulf Boulevard from North Redington Beach’s oceanfront resort row. Situated on 1.1 acres and easily walkable to nearby restaurants and amenity retail, the property affords tenants the best of beachside living. The property is amongst the few apartment communities with such convenient beach access. Combined with the recent $3.5M ($84K/unit) complete renovation, the property has experienced strong rental demand and is currently 100% occupied. The property’s 42 apartment units provide a combination of one and two-bedroom floorplans with some units including private fenced patios. The current owner has recently completed a property-wide renovation and has upgraded unit interiors to include stainless steel appliances with built-in microwave, wine coolers, new cabinets, washer-dryer sets, and walk-in closet organizers. Common area improvements were also recently completed and focused on tenant utilization of outdoor amenities. The addition of kayak storage, an outdoor grilling area with dining seating, beach rinse shower facility, and a rooftop lounge have provided ample space for residents to enjoy the beachside lifestyle. A fully-renovated, 24-hour fitness center was also recently constructed to complement the other on-site amenities.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 590 - 825 |
| 2+2 | 22 | - | 650 - 880 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,060,396 | |
| Land Assessment | $0 | Total Assessment | $1,181,481 |
Property Taxes
