This Multifamily Property is no longer advertised on LoopNet.com.

40 4th Ave
Shalimar, FL 32579
Olympic Apartments · Multifamily Property For Sale · 12 Units

Investment Highlights

  • Opportunity to increase cashflow by upwards of 20%+
  • Professional management in place and willing to stay! (currently charging 8%)
  • Take over an asset held by a long-term owner

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 1.01 AC
Building Size 12,147 SF
Average Occupancy 100%
No. Stories 2
Year Built 1996
Zoning R1 - Residential

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 05-2S-23-1950-0000-0100
  • 05-2S-23-1950-0000-0030
  • 05-2S-23-1950-0000-0070
  • 05-2S-23-1950-0000-0010
  • 05-2S-23-1950-0000-0050
  • 05-2S-23-1950-0000-0110
  • 05-2S-23-1950-0000-0120
  • 05-2S-23-1950-0000-0090
  • 05-2S-23-1950-0000-0080
Land Assessment
$355,350
Improvements Assessment
$1,056,860
Total Assessment
$1,412,210
  • Listing ID: 34923704

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 40 4th Ave, Shalimar, FL 32579

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