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555 69th Ave 10 Unit Apartment Building $4,739,149 CAD ($473,915 CAD/Unit) 6.22% Cap Rate Saint Pete Beach, FL 33706
EXECUTIVE SUMMARY
Great opportunity to purchase a ten-unit apartment building in highly desirable St Pete Beach. This property is located two short blocks from the Gulf of Mexico beaches, Gulf Blvd, and all of the dining and shopping options in this busy tourist area.
PROPERTY FACTS
| Price | $4,739,149 CAD | Building Class | C |
| Price Per Unit | $473,915 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 8,354 SF |
| Cap Rate | 6.22% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1973/2018 |
| Property Subtype | Apartment | Parking Ratio | 2.63/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | multi family | ||
| Price | $4,739,149 CAD |
| Price Per Unit | $473,915 CAD |
| Sale Type | Investment |
| Cap Rate | 6.22% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 8,354 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2018 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | multi family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Deck
- Double Pane Windows
- Linen Closet
- Patio
- Window Coverings
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Smoke Free
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 575 |
| 2+1 | 5 | - | 900 |
| 2+2 | 4 | - | 1,100 |
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 36-31-15-05940-002-0150 | Improvements Assessment | $538,749 CAD |
| Land Assessment | $771,139 CAD | Total Assessment | $1,309,888 CAD |
PROPERTY TAXES
Parcel Number
36-31-15-05940-002-0150
Land Assessment
$771,139 CAD
Improvements Assessment
$538,749 CAD
Total Assessment
$1,309,888 CAD
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555 69th Ave
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