19 Rent + 1 Buildable Lot St. Pete Beach 4 Multifamily Properties Offered at $5,975,000 in Multiple Locations

INVESTMENT HIGHLIGHTS

  • St. Pete Beach, Florida Portfolio
  • Corey Avenue
  • Walking distance to beaches, bars & restaurants

EXECUTIVE SUMMARY

Seller is willing to Finance up to 70% on his Multiple Property Portfolio which include 19 rental units and 1 to-be-built Lot. 1 property includes a duplex, 1 vacant lot, 1 property includes duplex & a cottage, 1 ten-unit apartment complex, and 1 Quad. Owner is willing to break up and sell Quad or Duplexes separate. All units are rented and occupancy is at 98% at all times.

PROPERTY FACTS

Price $5,975,000
Price / SF $414.61 / SF
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • High Vacancy Property
  • Redevelopment Project
Cap Rate 6%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 14,411 SF
Total Land Area 0.58 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
510 70th Ave, Saint Pete Beach, FL 33706 Multifamily 7,750 SF 1972 -
509 69th Ave, St Pete Beach, FL 33706 Multifamily 2,700 SF 1947 -
503 69th Ave, Saint Petersburg, FL 33706 Multifamily 1,314 SF 1941 -
520 69th Ave, St Pete Beach, FL 33706 Multifamily 2,647 SF 1971 -
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  • Listing ID: 34432946

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 19 Rent + 1 Buildable Lot St. Pete Beach, Saint Pete Beach, FL