503,504,505,509,510,512,513, 514,515,516,517,518,519,521,527,528,529,531,532,535,536 E Cur - Apartments CONDO FOR SALE


Tarpon Springs, FL 34689
$4,250,000 USD
727-541-2578
503,504,505,509,510,512,513, 514,515,516,517,518,519,521,527,528,529,531,532,535,536 E Cur, Tarpon Springs, FL for Sale
$4,250,000 USD
Apartments CONDO - FOR SALE
1/11
null | Request Cap Rate

503,504,505,509,510,512,513, 514,515,516,517,518,519,521,527,528,529,531,532,535,536 E Cur
Tarpon Springs, FL 34689


HIGHLIGHTS

  • Awesome opportunity
  • All units are 2 or 3 bedrooms
  • All units have private garage and no shared walls

OVERVIEW

Below market rents. These 22 units represent one family, 12 of the other units are owned by an investor. The remaining 8 units are a combination of renter occupied, second homes and two owner occupieds. Many of the owners have expressed a desire to sell. The community currently has insurance on the buildings and liability, but no wind. Several of the roofs have been replaced, but there are quite a few that have not. In order to maximize rents, our suggestion is to paint the exterior of buildings, spruce up the grounds, ensure all sprinklers are functioning and replace screening on porches where needed. Property has only been handled by All County since October of 2024. Therefore financials only go back to that date, but are accurate without any hidden fees. We also pay IRS taxes for the Owner so you will see these figures in the P&L. We took on the Association as a professional courtesouy to the family and to ensure the associations financials.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22 Unit Villas - Tarpon Springs

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

104,146.919 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

8.43 AC

LAND SF

367,381 SF

ZONING

0430 Condominium

APN/PARCEL ID

13-27-15-61541-000-0001

ASK ABOUT THIS PROPERTY

Sandy FerreraAll County Diamond Property ManagementMore Info
727-541-2578

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Sandy FerreraAll County Diamond Property ManagementMore Info
727-541-2578

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