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- LoopNet Team
701 1st St
Indian Rocks Beach, FL 33785
El Mar I and El Mar II · Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,700 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1972/2017 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | RM-2 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2017 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | RM-2 |
AMENITIES
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Furnished Units Available
- Grill
ABOUT 701 1ST ST , INDIAN ROCKS BEACH, FL 33785
El Mar Apartments is located in Indian Rocks Beach, Florida, which is in Pinellas County, the densest county in the state of Florida. The Property is located just a two-minute walk from the 7th Street Public Beach Access, allowing residents and the owner to enjoy a beach lifestyle. Located just one minute from the Property is Walsingham Road, a major east/west artery with direct access to ample services and retailers such as Starbucks, Chipotle, multiple Publix's, Target, and many more. The Property is located directly twelve minutes south of Clearwater Beach, which was recently named the best beach in the U.S. for 2018 by TripAdvisor. The main driver of the local economy is the Gateway Business District, which is located twenty minutes to the east. Acting as a hub for financial services, technology, manufacturing, and medical services, Gateway currently employs over 94,000 individuals and is home to more than 2,700 companies. Of these employees, approximately fifty percent earn greater than $40,000 per year. Major area employers include PSCU Financial Services (1,000 employees), Raytheon (1,000 employees), Franklin Templeton Investments (1,200 local employees), Jabil Circuit (1,700 employees), Largo Medical Center (2,500 employees), Raymond James Financial (2,600 employees), St. Petersburg-Clearwater International Airport (3,000 employees), The Home Shopping Network (2,000 employees), Tech Data (2,700 employees) and many more.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | $1,095 | 650 |
| 1+1 | 1 | $3,205 | 650 |
| 2+2 | 1 | $1,350 | 1,250 |
| 2+2 | 1 | $4,860 | 1,250 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $696,033 | |
| Land Assessment | $1,103,967 | Total Assessment | $1,800,000 |
PROPERTY TAXES
