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Multi unit sale 3 Properties Offered at $999,990 in Multiple Locations
Investment Highlights
- St. Pete Beach, Florida Portfolio
- Corey Avenue
- Walking distance to beaches, bars & restaurants. Weekend Corey Ave Farmers Market
Executive Summary
CAP rate is based on the 2 lots that have rental Duplexes/Cottage on them. The value of the 3rd vacant lot is $400K. Seller is willing to Finance up to 50% on this 3-Property Portfolio which include 5 rental units and 1 to-be-built Lot. 2 Duplexes, 1 cottage and 1 vacant lot. All units are rented 100% occupied. 2 min walk to St. Pete Beach. Call for an questions!
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$70,000
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$70,000
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $70,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $70,000 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 509 69th Ave, Saint Pete Beach, FL 33706 | Multifamily | 2,700 SF | 1947 | - |
| 69th Ave, Saint Petersburg, FL 33706 | Land | 0.11 AC | - | - |
| 503 69th Ave, Saint Petersburg, FL 33706 | Multifamily | 1,314 SF | 1941 | - |
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