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3045 49th St S
Gulfport, FL 33707
12% CAP RATE- CABANA BAY APARTMENTS FOR SALE · Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 8,725 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1939/2008 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Zoning | R-3, County - Multi-Family Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 8,725 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1939/2008 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R-3, County - Multi-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
About 3045 49TH ST S , GULFPORT, FL 33707
Cabana Bay Apartments is a 16 unit community located in Gulfport, Florida. The property was built in 1939 and is two stories The unit mix is comprised of all 1 bedrooms that have been updated recently. The property is located in Gulfport, Fl which is in southern Pinellas County. Pinellas County is the most densely populated county in the state of Florida and is home of the world renowned Clearwater Beach. The property has a vacant lot that could be utilized in a variety of ways including: construction of a single family home, boat storage, or construction of a small work shop to name a few. Under current operations, the property receives $600/month from the storage unit under building 2 (Unit #13 Office/Storage) which is approximately 1,000 square feet. There is also a second non-operating storage unit of approximately 2,000 square feet that could be converted into a rentable unit. Cabana Bay is in close proximity to major employers in Downtown St. Petersburg. The property is only one block from the Gulf of Mexico and The Boca Ceiga Yacht Club. Cabana Bay underwent major rehab in 2008 including: New roofs, new walk way landings and stairs, paint, all new windows, 16/20 doors replaced, new cabinets and sinks in 14 units, new refrigerators in 9 units, new range and ovens in 13 units, and new crushed shell in parking lot with telephone pole boundaries. Cabana Bay is located one block from the Gulf of Mexico and minutes from world famous Clearwater Beach. The property is only 6 miles from Downtown St. Petersburg & Tropicana Field. Only 2 miles away from I-275 providing convenient access for an easy commute to major employment centers and the entire Tampa MSA.
Property Taxes
| Parcel Numbers | Improvements Assessment | $275,463 | |
| Land Assessment | $464,537 | Total Assessment | $740,000 |
Property Taxes
