Address Not Available By Request

    St Petersburg, FL 33702
    • $5,500,000
    • STATUS: Active
    • ON SITE: 43 days
    • MLS #: U7842216
    UPDATED: 20 min ago
    $5,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 753
      SQFT
    • $7,304
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:
    Area:

    School Ratings & Info

    Listing information courtesy of Broderick & Associates Inc.

    Description

    This 44-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

    Monthly Payment Calculator



    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-18T18:39:32.87.
    www.michellechenault.com/homes/79739596

    Address Not Available By Request St Petersburg, FL 33702

    • Price: $5,500,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: U7842216
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    753
    SQFT
    $7,304
    $/SQFT
    1989
    Built
    Neighborhood:
    St Pete
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    This 44-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.
    Exterior Features

    Exterior Construction Block Exterior Features Balcony/Sun DeckPatio/Porch/Deck CoveredTrees/Landscaped Garage Carport None Garage Features Street Parking Location Gated Community Lot Dimensions 00 Pool Community Property Style Five Or More Roof Shingle Sidewalk Yes Total Acreage Up To 10889 Sq. Ft. Water Access YN No Water Frontage YN No Water View YN No Waterfront Feet 0

    Interior Features

    Air Conditioning Central Heating And Fuel Central

    Property Features

    1 Bed1 Bath Avg Rent 938 1 Bed1 Bath Units 34 2 Bed2 Bath Avg Rent 1300 2 Bed2 Bath Units 8 3 Bed2 Bath Avg Rent 1300 3 Bed2 Bath Units 1 Additional Parcel YN No Annual Expenses 261630 Auction YN No Cdd YN No Efficiencies Units 0 Financial Source Owner Financing Available CashConventionalSeller Financing Flood Zone Code Ae Housing For Older Persons N/A Internet YN Yes New Construction No Special Sale Provision None Sq Ft Source Public Records Tax Year 2017 Taxes 1291 Total Monthly Expenses 21802 Total Monthly Rent 43605 Utilities Cable AvailableSprinkler Well

    Listing information courtesy of Broderick & Associates Inc.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-18T18:39:32.87.
    Chenault Group
    468 Mandalay Ave.
    Clearwater Beach FL, 33767
    Listing information courtesy of Broderick & Associates Inc.