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Golden Palms Resort-8 unit waterfront retreat 3226 Stringfellow Rd 8 Unit Apartment Building $1,649,900 ($206,238/Unit) Saint James City, FL 33956
Investment Highlights
- 8 studio-style units been renovated & offer an open bedroom/living area, kitchen, private bath, and a balcony and/or patio!
- Welcome to Golden Palms Resort, a charming island retreat in the heart of St. James City.
- Set on an oversized double lot with approx. 161 feet of direct, no-bridge Gulf-access canal frontage, this rare income-producing property!
Executive Summary
Welcome to Golden Palms Resort, an updated eight-unit waterfront retreat in the heart of St. James City! Set on an oversized double lot with approximately 161 feet of direct, no-bridge Gulf-access canal frontage, this rare income-producing property delivers the laid-back Pine Island lifestyle guests seek. All eight studio-style units have now been renovated and offer an open bedroom/living area, kitchen, private bath, and a balcony and/or patio—creating comfortable, turnkey accommodations with a bright coastal feel. A full-length waterfront dock provides exceptional boating access and room to enjoy the canal front setting, while the expansive deck is made for sunsets, entertaining, fishing stories, and dolphin watching. The property also features a 2025 metal roof, impact-resistant windows, mini-split A/C systems, two on-site coin-operated laundry sets, secured bike parking, maintenance and cleaning storage, ample parking, and a fenced pet-friendly yard. With four units historically leased annually and four used as vacation rentals, Golden Palms Resort offers flexibility for an investor, boutique hospitality operator, or owner seeking a waterfront compound with income potential. Seller financing may be available.
Property Facts
| Price | $1,649,900 | Building Class | C |
| Price Per Unit | $206,238 | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 3,186 SF |
| Sale Condition | High Vacancy Property | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Parking Ratio | 0.63/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | CPD - Zoned CPD (Commercial Planned Development) — allows mixed residential, multifamily, lodging, and light commercial uses with flexible development optio | ||
| Price | $1,649,900 |
| Price Per Unit | $206,238 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 3,186 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 0.63/1,000 SF |
| Zoning | CPD - Zoned CPD (Commercial Planned Development) — allows mixed residential, multifamily, lodging, and light commercial uses with flexible development optio |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Range
- Wi-Fi
- Instant Hot Water
- Window Coverings
Site Amenities
- Fenced Lot
- Laundry Facilities
- Furnished Units Available
- Bicycle Storage
- Dock
- Community-Wide WiFi
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 35-45-22-04-00015.0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,032,739 |
Property Taxes
Parcel Number
35-45-22-04-00015.0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,032,739
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Golden Palms Resort-8 unit waterfront retreat | 3226 Stringfellow Rd