320 N 3rd St - Apartments FOR SALE


Flagler Beach, FL 32136
$2,295,000 USD
904-315-4253
320 N 3rd St, Flagler Beach, FL for Sale
$2,295,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

320 N 3rd St
Flagler Beach, FL 32136


HIGHLIGHTS

  • 3 blocks from the Beach!
  • Walk or bike to bars, restaurants, and shops
  • Located in a beautiful single family neighborhood
  • Value Add opportunity w/ no CapEx required

OVERVIEW

Investor Alert! This 12 unit block construction apartment complex is located just 300 steps away from the soft sand of FlaglerBeach. This is one of the most unique and rare offerings of it's kind and will not last long on the market. SELLER FINANCING ONLY. Please inquire with the listing agents for more details. These buildings have been meticulously maintained by its owner for over 30 years! Come see how beautiful this property is in person to appreciate it. Located in the heart of FlaglerBeach, it's within walking or biking distance to everything this area has to offer including Flagler Pier, restaurants, bars and shops. Location, Location, Location.The 12 units featured in this complex are broken up into two buildings which offer 8 - 2 bed/1 bath units and 4 - 1 bed/1 bath units. Additionally, there is a separate building for on site coin laundry. This is an instant value-add scenario without any additional cap ex required. Many of the tenants in place have been living here for numerous years and call this place home because of the convenience and location this apartment complex has to offer. Inquire with Listing Agent for more details. Rent Roll to be provided upon request.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

12

PRICE/UNIT

$191,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

MF

APN/PARCEL ID

12-12-31-4500-00460-0090

ASK ABOUT THIS PROPERTY

Sammy HaleSuperior Real Estate ServicesMore Info
904-315-4253

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

Sammy HaleSuperior Real Estate ServicesMore Info
904-315-4253

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