Active

$995,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2668 sq ft
Overview
  • ID: MFRN6138084
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2668 sq ft
Property Details
Remarks
Affordable Housing Investment Opportunity! Unlock the potential of this low-income apartment complex, designed to provide stable rental income while serving the community’s housing needs. The property offers 9 units with strong occupancy history and reliable tenant demand. Ideal for investors seeking a socially responsible opportunity with consistent cash flow. Keep it as apartments or change it to a business use....the possibilities are endless with Commercial General zoning grandfathered in as multi-family. With 100’ frontage on US 41 in Venice and located directly across from Lowe's and Carrabba’s, this property also offers redevelopment opportunities. This former motel complex features a main house (ideal for owner occupancy) and two 4-unit buildings. Just under 1/2 acre and not in a flood zone. Listing agent is owner. Don’t miss this change to invest in a property that blends financial opportunity with social impact!
Financial Considerations
Price:
$995,000
HOA Fee:
N/A
Tax Amount:
$8639.87
Price per SqFt:
$372.94
Tax Legal Description:
COM AT SE COR OF LOT 12386, SOUTH VENICE UNIT 47, TH N-34-09-10-W 700 FT FOR POB TH N-55-50-50-E 200 FT TO WLY R/W LINE OF TAMIAMI TRAIL, TH N-34-09-10-W 100 FT TH S-55-50-50-W 200 FT TH
Exterior Features
Lot Size:
19000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1956
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1746 S TAMIAMI TRL
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