Active

$1,375,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 5508 sq ft
Overview
  • ID: MFRTB8427735
  • Bedrooms:
  • Bathrooms: 0
  • Size: 5508 sq ft
Property Details
Remarks
6-Unit Apartment Complex | Prime Pinellas Park, FL Location Property Highlights: 6 Total Units – Each unit is a 3 Bedroom / 1 Bath This 6-unit property offers investors a chance to own a solid cash-flowing multifamily asset in one of Florida’s most desirable rental markets. With all units being spacious 3-bedroom layouts, demand is strong among families and long-term tenants. The new roofs and block construction mean low maintenance and higher returns. Each unit has central H/A, Washer and Dryer hookups and each unit is separately water metered. Large parking lot with 16 spaces. Also, there are large storage shed units that could be additional rent. Block Construction – Durable, low-maintenance New Roofs – Recently updated, reducing future capital expenditures Total Size: 5,508 SF Lot Size: 0.52 Acres Situated in the heart of Pinellas County – part of the thriving Tampa–St. Petersburg–Clearwater MSA Strong rental demand with proximity to major employment hubs, retail, schools, and beaches Market Demographics: Within 1 mile, the area supports strong renter demographics with consistent occupancy rates, making this an attractive buy-and-hold investment. Currently 5 of 6 rented. Ideal for 1031 Exchange. Don’t miss this rare opportunity to own a stable, income-producing multifamily property in the Tampa Bay area.
Financial Considerations
Price:
$1,375,000
HOA Fee:
N/A
Tax Amount:
$14189.47
Price per SqFt:
$249.64
Tax Legal Description:
PINELLAS PARK BLK 22, LOTS 10, 11 & 12 LESS N 5FT FOR RD R/W
Exterior Features
Lot Size:
22869
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1984
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    5881 72ND AVE N
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