*RARELY AVAILABLE MULTIFAMILY FIND!* This "must-sea" property is a catch!
Turnkey, fully leased 9-unit on WATERFRONT lot with DIRECT GULF ACCESS, plus convenient proximity to major FL travel route: US-19 (easy travel for Weeki Wachee Springs, Clearwater, Tampa, Orlando!) Short-term rental-friendly with full rental flexibility and NO HOA!
This 9-unit income stream investment offers it all: immediate NOI, rent-growth upside, and valuable, timeless coastal lifestyle appeal.
Currently anchored by several stable long-term tenants and short- / mid-term rentals — strong historic income, margins, and resilient tenant demand are built into this investment FROM DAY ONE! Plus immediate rent-growth upside from short-term rental premiums and optimized unit mix.
The property is located in a high-demand rental corridor only 1 mile from HCA Bayonet Point Hospital (1,600+ staff) and just minutes away from nearby tourist attractions, beaches, and businesses -- attracting a broad tenant base of nurses/healthcare professionals, dependable long-term residents, and vacation guests alike.
This established rental property features:
• 9 distinctive units / rent streams (3 spacious one-bedroom units + 6 well-appointed studios)
• High-demand submarket with historically high occupancy (near 100% — stable tenant base)
• Long- / medium- / short-term rental friendly — fully flexible for strategic growth
• No HOA restrictions
• Airbnb potential upside tapping into STR premiums / demand
• Turnkey with renovated interiors
• Clean, low-maintenance layout
• Solid concrete block construction (CBS)
• All-inclusive rent for simplified management
• On-site parking
• Prime waterfront + US-19 location situated among C2 commercial zoned lots for further potential value growth and innovative mixed-use business ventures
Tenants and guests enjoy the waterfront lifestyle and property’s built-in assets:
• Short walk or bike ride to Hudson beach, waterfront dining / bars, or the neighborhood ice cream shop down the block
• Fishing, sunset views, sunrise yoga, BBQ grilling and other outdoor activities on the property's expansive 50 ft dock / 100 ft waterfront outdoor space; plus, ample space for future amenities expansion (hot tub, lounging areas, etc.)
• Boat or jet ski to the open Gulf waters in minutes via the property's DIRECT ACCESS canal — no bridges, no boat lifts, no hassle
• Boat launch 2 minutes away + private on-site dock allows streamlined watercraft access for tenants or guests
• True waterfront living just steps from route US-19 — delivering unmatched convenience for tenant access to major employers, necessities, and leisure
• Popular tourist destinations just a short drive away — like SunWest Park’s 70-acre, spring-fed lagoon, wakeboarding cable park and white-sand beach; Weeki Wachee state park with its iconic live-mermaid shows; or Roger’s Park with its manatees and crystal clear kayaking canals
• Easy Florida drive to & from both Tampa (1 hr) & Orlando (2 hrs)
• Publix, Walmart, Winn Dixie, Walgreens and major services within 5 minutes
• On-site laundry room
• Fresh ocean air and serene connection to nature just outside the door.
This is an exceptional opportunity to further maximize cash flow in a thriving rental market, and own 9 turn-key units in one of Florida’s most vibrant Gulf Coast submarkets! Capitalize on built-in cash flow today and unlock future growth tomorrow!