3226 Stringfellow Rd - Apartments FOR SALE


Saint James City, FL 33956- St James City
$1,649,900 USD
239-671-6318
3226 Stringfellow Rd, Saint James City, FL for Sale
$1,649,900 USD
Apartments - FOR SALE
1/78
null | Request Cap Rate

3226 Stringfellow Rd
Saint James City, FL 33956
St James City


HIGHLIGHTS

  • 8 studio-style units been renovated & offer an open bedroom/living area, kitchen, private bath, and a balcony and/or patio!
  • Set on an oversized double lot with approx. 161 feet of direct, no-bridge Gulf-access canal frontage, this rare income-producing property!
  • Welcome to Golden Palms Resort, a charming island retreat in the heart of St. James City.

OVERVIEW

Welcome to Golden Palms Resort, an updated eight-unit waterfront retreat in the heart of St. James City! Set on an oversized double lot with approximately 161 feet of direct, no-bridge Gulf-access canal frontage, this rare income-producing property delivers the laid-back Pine Island lifestyle guests seek. All eight studio-style units have now been renovated and offer an open bedroom/living area, kitchen, private bath, and a balcony and/or patio—creating comfortable, turnkey accommodations with a bright coastal feel. A full-length waterfront dock provides exceptional boating access and room to enjoy the canal front setting, while the expansive deck is made for sunsets, entertaining, fishing stories, and dolphin watching. The property also features a 2025 metal roof, impact-resistant windows, mini-split A/C systems, two on-site coin-operated laundry sets, secured bike parking, maintenance and cleaning storage, ample parking, and a fenced pet-friendly yard. With four units historically leased annually and four used as vacation rentals, Golden Palms Resort offers flexibility for an investor, boutique hospitality operator, or owner seeking a waterfront compound with income potential. Seller financing may be available.

FOR SALE DETAILS

PRICE

$1,649,900 USD

PRICE/SF

$518 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,238

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Palms Resort-8 unit waterfront retreat

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

CPD

APN/PARCEL ID

35-45-22-04-00015.0000

ASK ABOUT THIS PROPERTY

Char SeuffertRE/MAX SunshineMore Info
239-671-6318

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Char SeuffertRE/MAX SunshineMore Info
239-671-6318

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