Historic Round Lake Portfolio 8 Properties Offered at $8,299,000 in Multiple Locations

8 separate parcels:
35 apartments, 2 single family homes (zoned for retail), 3 lake front commercial spaces with anchor tenant.
These properties are densely packed and strategically located near downtown St. Petersburg and (*one property is in Tampa, Florida: 2319/1416).
No flood or hurricane damage! No flood insurance needed.
Apartments range from studio to 3BR apartments, all professionally managed, maintained, and fully leased with room to expand to market rates.
Each property offers the tranquility of neighborhood living with the convenience of all that a burgeoning downtown area affords for work and play. For getting around town, residents have the luxury of easy interstate access, free trolley rides to the beach, boat
ferry service across the bay, bike along the Pinellas Trail, or simply walking to grab that local coffee.
Notable area attractions like the Dali Museum and the recently renovated St. Pete Pier, continue to foster this area’s robust population growth. Job growth continues with the expansion of USF’s bayboro campus and several local hospitals.
The professional management/maintenance team is available to stay in place during ownership transition and even has a waiting list of tenants.