$3,700,000

Features:
  • 2 Bedrooms
  • 1 Bathrooms
  • 908 sq ft
Overview
  • ID: MFRW7862548
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 908 sq ft
Property Details
Remarks
**Owner will consider dividing up some of the properties** 6.4% Cap rate with room to grow. Presenting an exceptional investment opportunity—comprising 40 UNITS (all in one complex). This unique offering includes 21 one-bedroom, one-bathroom units, 14 two-bedroom units with one bath, and 5 two-bedroom units featuring two baths. Each residence is equipped with modern amenities such as central heating and air conditioning, washer and dryer in each unit. Each condo HAS ITS OWN GARAGE. Strategically located amidst essential amenities, residents of this community will enjoy convenient proximity to a grocery store, shopping outlets, diverse restaurants, and medical facilities. This advantageous positioning enhances the overall living experience, providing easy access to daily necessities and healthcare services. For leisure and relaxation, the community boasts a pool and shuffleboard, offering residents delightful spaces to unwind and socialize. As an added allure, there is an enticing OPTION for residents to join the Gulf Harbors Beach Club at an annual cost of $200, providing an exclusive opportunity to savor the pristine coastal surroundings. This 55-plus community is not merely a collection of living spaces but an embodiment of a lifestyle enriched with nearby conveniences and recreational opportunities. It presents a rare chance to invest in a community that offers both comfortable living and a thriving, active environment.
Financial Considerations
Price:
$3,700,000
HOA Fee:
235
Tax Amount:
$1172
Price per SqFt:
$4074.89
Tax Legal Description:
NEW PORT COLONY FIFTH WAY UNREC PLAT PCL 1016 BLOCK 25 DESC AS:COM AT SE COR OF SEC TH N01DEG21'15"E 1641.91 FT TH S89DEG56' 13"W 224.57 FT TH N00DEG03' 47"W 168.65 FT FOR POB TH N89DEG38' 45"W 28 FT TH N00DEG21' 15"E 22.67 FT TH S89 DEG38' 45"E 13.3 3 FT TH N00DEG 21' 15"E 13.33 FT TH S89DEG38' 45"E 28 FT TH S00DEG21' 15"W 13.33 FT TH N89DEG38' 45"W 13.33 FT TH S00DEG21' 15"W 22.67 FT TO POB (X)
Exterior Features
Lot Size:
981
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
Indoor
Interior Features
Bedrooms:
2
Bathrooms:
1
Heating:
Central
Cooling:
Central Air
Appliances:
Dryer, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Ceramic Tile, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1973
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
No waiting period to rent the units.
Map
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