456-unit multifamily community located in Clearwater, Florida. The Property experienced a one-time municipal stormwater flooding event in Oct 2024 from Hurricane Milton; the City has fully repaired the system, and the property is not in a flood zone. Currently, 160 units are under complete repair and renovation, including full system upgrades and installation of impact-rated windows/doors. This opportunity presents a strong value-add opportunity for an investor to complete renovations and stabilize operations. Upon renovation and lease-up, the asset offers significant upside and best-in-submarket quality potential.