275 116th Ave - Apartments FOR SALE


Treasure Island, FL 33706
$2,900,000 USD
727-542-0998
275 116th Ave, Treasure Island, FL for Sale
$2,900,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

275 116th Ave
Treasure Island, FL 33706


OVERVIEW

Located in the desirable Isle of Capri community, in popular Treasure island, this apartment complex is just a short distance to the Gulf beaches - all ten units face the intracoastal waterways, with a wide view looking out at the 200 feet of water frontage - (8) 2br 1ba & (2) 1br 1ba apartments - new windows and seawall - possible condo conversion, redevelopment site, or renovate and upgrade existing units to increase cash flow.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

10

PRICE/UNIT

$290,000

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Unit Waterfront Apt Building for Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

RM-15

APN/PARCEL ID

14-31-15-13230-001-0180

ASK ABOUT THIS PROPERTY

Patrick CalhoonSmith & Associates Real EstateMore Info
727-542-0998

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Patrick CalhoonSmith & Associates Real EstateMore Info
727-542-0998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.