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Multi unit sale 3 Properties Offered at $1,814,696 CAD in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • St. Pete Beach, Florida Portfolio
  • Corey Avenue
  • Walking distance to beaches, bars & restaurants. Weekend Corey Ave Farmers Market

EXECUTIVE SUMMARY

CAP rate is based on the 2 lots that have rental Duplexes/Cottage on them. The value of the 3rd vacant lot is $400K. Seller is willing to Finance up to 50% on this 3-Property Portfolio which include 5 rental units and 1 to-be-built Lot. 2 Duplexes, 1 cottage and 1 vacant lot. All units are rented 100% occupied. 2 min walk to St. Pete Beach. Call for an questions!

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL (CAD)
Gross Rental Income $97,714
Other Income -
Vacancy Loss -
Effective Gross Income $97,714
Net Operating Income -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $97,714
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $97,714
Net Operating Income (CAD)
Annual -

PROPERTY FACTS

Price $1,814,696 CAD
Price / SF $452.09 CAD / SF
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • High Vacancy Property
  • Redevelopment Project
Cap Rate 7.73%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 4,014 SF
Total Land Area 0.35 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
509 69th Ave, Saint Pete Beach, FL 33706 Multifamily 2,700 SF 1947 -
69th Ave, Saint Petersburg, FL 33706 Land 0.11 AC - -
503 69th Ave, Saint Petersburg, FL 33706 Multifamily 1,314 SF 1941 -
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  • Listing ID: 34432946

  • Date on Market: 2025-01-09

  • Last Updated:

  • Address: Multi unit sale, Saint Petersburg, FL

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