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Armada Apartments 404-408 Armada Rd S 12 Unit Apartment Building For Sale Venice, FL 34285
INVESTMENT HIGHLIGHTS
- Premier Location on Venice Island, Walkable to Beach and Historic Downtown
- Opportunity to Add Washer/Dryer in Remaining 6 Units
- Reinforced Concrete Block Construction - No Hurricane Damage
- Significant Interior Upgrades in All Units
- Open Floor Plans & Spacious Units - Largest in Market Comp Set
EXECUTIVE SUMMARY
CBRE Central Florida Multifamily is pleased to present the sale of Armada Road Apartments, a fully renovated 12-unit property
located on Venice Island, one of Florida’s most supply-constrained coastal submarkets. The Property is a couple blocks from Venice
Beach, ranked #4 Best Beach in the South by USA Today, and walkable to Downtown Venice, a historic district known for its
Mediterranean architecture, boutique retail, local dining, and year-round cultural events.
All units feature modern upgrades including flooring, lighting, cabinetry, granite countertops, and stainless steel appliances, supporting
stabilized income and minimal capital needs.
located on Venice Island, one of Florida’s most supply-constrained coastal submarkets. The Property is a couple blocks from Venice
Beach, ranked #4 Best Beach in the South by USA Today, and walkable to Downtown Venice, a historic district known for its
Mediterranean architecture, boutique retail, local dining, and year-round cultural events.
All units feature modern upgrades including flooring, lighting, cabinetry, granite countertops, and stainless steel appliances, supporting
stabilized income and minimal capital needs.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 0.33 AC |
| No. Units | 12 | Building Size | 7,894 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1925/1977 |
| Building Class | B | Parking Ratio | 1.52/1,000 SF |
| Zoning | RMF-3, County - Residential Multi family. | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 7,894 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1925/1977 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | RMF-3, County - Residential Multi family. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Framed Mirrors
- Freezer
- Island Kitchen
- Porch
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 375 |
| 1+1 | 10 | - | 575 - 750 |
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 0176-09-0049 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,095,280 |
PROPERTY TAXES
Parcel Number
0176-09-0049
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,095,280
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Armada Apartments | 404-408 Armada Rd S
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