Enclave at Sabal Pointe is a 240-unit apartment community ideally positioned near Downtown St. Petersburg, Florida, offering one of the most attractive value-add investment opportunities in the market. Featuring the largest floor plans in the area—averaging 1,164 square feet—this well-maintained property presents a desirable mix of one-, two-, and three-bedroom units. With 83.3% of apartments still eligible for interior renovation, investors can unlock significant rental upside, supported by $215+ in average monthly premium potential through upgrades and loss-to-lease recapture. Recent capital improvements totaling over $3.9 million—including new roofs, upgraded amenities, and enhanced curb appeal—have laid a strong foundation for continued value creation. Located in a high-barrier-to-entry area of Pinellas County, Enclave at Sabal Pointe is strategically situated between the vibrant core of Downtown St. Pete and the renowned Gulf beaches, offering residents convenient access to employment hubs, entertainment, and retail. The community benefits from proximity to the Skyway Marina District, home to the transformative $750 million “Sky Town” redevelopment project, and boasts easy connectivity just one mile from I-275. With no competing market-rate multifamily properties under construction within a one-mile radius and a projected 5.5% annual rent growth through 2030, this offering combines stability with exceptional long-term growth potential.