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

5529 Palmer Blvd
Sarasota, FL 34232
Palm Village by Fruitville Commons · Multifamily Property For Sale · 20 Units

Investment Highlights

  • One of Only 5 Apartment Communities in Sarasota County Built in 2000 or Later ( 5 to 100 Units )
  • Achieving Rents at $1975/Month with Minimum Unit Updates | Substantial Rental Upside of Over $360/Month Per Unit
  • 100% Two Bed / Two Bath Units with In-Unit Washer/Dryers & Screened Lanai’s or Patios | Potential Seller Financing w/ Solid Down Payment
  • High Cathedral Ceilings in All Units Providing a Superior Advantage vs Older Construction Units
  • All Utilities Separately Metered & Paid by Tenants Direct to Utility Provider | Turn-Key Professional Management In-Place
  • Within 5-10 Mins of New Fruitville Commons Development, University Town Center / The Mall at UTC & New PopStroke by Tiger Woods

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 1.35 AC
Building Size 18,550 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2006/2018
Parking Ratio 2.48/1,000 SF
Zoning RMF-2 - Multifamily

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Vaulted Ceiling
  • Oven
  • Tub/Shower
  • Yard
  • Dining Room
  • Family Room
  • Freezer
  • Garden
  • Lawn
  • Linen Closet
  • Pantry
  • Patio
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Courtyard
  • Fenced Lot
  • Picnic Area
  • Pet Play Area
  • Trash Pickup - Curbside
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 20 - -

Property Taxes

Property Taxes

Parcel Number
0048-06-0021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,179,918
  • Listing ID: 25919190

  • Date on Market: 6/13/2022

  • Last Updated:

  • Address: 5529 Palmer Blvd, Sarasota, FL 34232

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