550 50th Ave N - Apartments FOR SALE
Saint Petersburg, FL 33703 |
550 50th Ave N
Saint Petersburg, FL 33703
HIGHLIGHTS
- 40 Unit Multifamily Property in St. Petersburg, FL // Concrete Block Construction with 75% Two Bedroom Floor Plans
- Value-Add Potential to Continue Interior Upgrades Throughout Property & Increase Rents $320+ Per Month
- Just 8 Minutes North of Downtown St Pete & Within Walking Distance to a Variety of Popular Local and National Restaurants on Major 4th Street Corridor
- 21 Units Remain Non-Renovated, Provides Significant Upside Potential For a New Buyer to Build on the Value-Add Program that the Seller Has Implemented
- Community Amenities Include On-Site Laundry Facilities, a Swimming Pool & an On-Site Dog Park
- Interior Upgrades Include Stainless Steel Appliances, White Cabinets, Upgraded Countertops, Vinyl Wood Flooring, Upgraded Hardware & Modern Lighting
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
The Rialto - St Pete
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
37004
STORIES
2
YEAR BUILT
1969
PARKING SPACES
45
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
06-31-17-92646-002-0080
