64.46 Acres Near I-75 and SR 54 - 28651 Tupper Rd

Wesley Chapel, FL 33545

• Owner Financed Property
• Land for Sale
• $2,736,170 CAD
• 64.46 AC Lot

Wesley Chapel Land for Sale - Pasco County

Future land use designations make this a prime investment opportunity. The front 18 acres (southern portion) allow for up to 6 homes per acre, with potential for 108 singlefamily residences. The northern 47 acres are designated for up to 3 homes per acre.

Contact:

Nye Commercial Advisors

Property Subtype:

Agricultural

Date on Market:

2025-05-15

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0 W 15th St

Saint Augustine, FL 32084

• Owner Financed Property
• Land for Sale
• $776,852 CAD
• 5.64 AC Lot

Saint Augustine Land for Sale - St Johns County

Attention Builders and Developers! Potential Housing Development with over 5 acres and engineered civil plans featuring 26-33 Lots with water and gravity sewer available to the site. Extension of 1100 feet of roadway, sidewalk, water, & gravity sewer required. Convenient location right off thriving SR 207 and new SR 313. Short walk to schools, swim center, baseball fields and recreation areas. Close to Historic Downtown and beautiful beaches. Call Today For Attractive OWNER FINANCING TERMS.

Contact:

Superior Real Estate Services

Property Subtype:

Residential

Date on Market:

2025-05-13

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400 S 45th Ave

Saint Petersburg, FL 33705

• Owner Financed Property
• Retail for Sale
• $1,306,212 CAD
• 1,750 SF

Saint Petersburg Retail for Sale - South Pinellas

This newly renovated retail property offers a prime investment opportunity in the vibrant Saint Petersburg market. The building is fully leased to Kahwa Coffee, a well-established regional brand known for strong customer loyalty and consistent traffic. The tenant occupies approximately 1,750 SF under a five-year NNN lease, with three additional five-year renewal options, ensuring long-term stability and predictable income. The property features a convenient drive-thru window, enhancing customer accessibility and supporting high-volume sales. Located in a dynamic area of Saint Petersburg, the site benefits from excellent visibility and easy access to major thoroughfares, connecting to downtown and surrounding residential neighborhoods. The building’s recent renovations provide modern finishes and operational efficiency, reducing near-term capital expenditures for the buyer. Seller financing is available, and the seller will guarantee rent for 12 months, offering additional security for investors seeking a smooth acquisition process.

Contact:

Pridgen Realty, Inc.

Property Subtype:

Freestanding

Date on Market:

2025-05-02

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4343 Clark Rd

Sarasota, FL 34233

• Owner Financed Property
• Retail for Sale
• $4,812,360 CAD
• 2,701 SF

Sarasota Retail for Sale

American Property Group of Sarasota, Inc. presents 4343 Clark Rd, Sarasota, FL Property Type: Auto Sales Property Size: 4,625 SF (1,924 SF Warehouse + 2,701 SF Showroom/Office) Prime freestanding auto sales property on Clark Road offering exceptional visibility, large display areas, and functional space for dealership or automotive service operations. Situated on a 52,049 SF lot with ILW zoning, this corner-site provides strong frontage, easy accessibility, and a layout ideal for vehicle display, sales, service, or related businesses. Located at the signalized corner of Clark Rd and Pinkney Ave, just west of McIntosh Rd, this highly visible property is surrounded by major national retailers including McDonald’s, Starbucks, and Goodwill - ensuring consistent traffic flow and strong market exposure. Seller financing available.

Contact:

American Property Group of Sarasota, Inc.

Property Subtype:

Auto Dealership

Date on Market:

2025-05-01

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54,000 Sq Ft / Office Park - 2606 Crystal Springs Rd

Zephyrhills, FL 33540

• Owner Financed Property
• Land for Sale
• $6,806,052 CAD
• 6.86 AC Lot

Zephyrhills Land for Sale - Pasco County

Seller financing available with good terms! Prime 6.86 Acres – Fully Approved for 54,000 SF of Office/Retail/Commercial Space! Zoned MPUD — ready for immediate development! Fully Developed — all permitting, engineering, and approvals completed! Utilities Ready — sewer and water connections in place! Site Tested and Engineered — soil testing and full engineering reports available! Strategic Location — part of a larger 20-acre master development featuring over 100 newly built KB Homes and several other projects by major builders in the surrounding areas. This is a rare, turn-key opportunity for builders and investors to capitalize on a high-growth area with minimal upfront work. Start building immediately!

Contact:

Align Right Realty LLC

Property Subtype:

Commercial

Date on Market:

2025-04-28

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801 Canal St

New Smyrna Beach, FL 32168

• Owner Financed Property
• Office for Sale
• $1,505,581 CAD
• 4,500 SF

• Air Conditioning
• Reception

New Smyrna Beach Office for Sale - South Beach Cities

Presenting 801 Canal Street – a rare, income-producing mixed-use asset located on one of the most heavily trafficked and visible corners in New Smyrna Beach. This single-story property spans 0.79 acres, zoned for mixed use, and is currently generating $9,100/month ($109,200/year) from a diversified group of tenants, including medical office, short-term rentals, storage units, and processing facilities. With NOI estimated at $99,200, this opportunity offers a strong 9.06% cap rate at the asking price of $1,095,000. The layout includes 7 bedrooms, 5 1/2 bathrooms, multiple parking areas, and surplus land for potential expansion or value-add development (pool, additional structures, or more square footage). About 20% industrial space in the property. Located just minutes from the Intracoastal, Flagler Avenue, and the Atlantic Ocean, this property offers unmatched exposure and proximity to NSB’s booming commercial and tourism districts. Ideal for 1031 exchange buyers, owner-users, or investors seeking steady income + long-term upside. Based on traffic studies and local planning documents, Canal Street (which carries State Road 44 Business through downtown New Smyrna Beach) is one of the city’s most heavily trafficked thoroughfares—especially within the historic Canal Street Commercial District, noted for “strong traffic counts” and “high daytime population” Owner Financing Available. Motivated Seller. Schedule your private tour today.

Contact:

BARSOTTELLI PRIME REAL ESTATE

Date on Market:

2025-04-28

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Moore Haven Waterfront Land - 000 Andreachi Road

Moore Haven, FL 33471

• Owner Financed Property
• Land for Sale
• $13,612,103 CAD
• 121.90 AC Lot

Moore Haven Land for Sale

One of the largest remaining waterfront properties on the Caloosahatchee River, this expansive 121.9-acre parcel presents a prime investment opportunity with +/- 3,000 feet of water frontage. Offering direct, deepwater access to the Atlantic and Gulf, this property is perfectly suited for a luxury residential community, RV resort, marina, or mixed-use development. Positioned between Glades Boat Storage & Boatyard to the west and Glades RV Resort, Golf & Marina to the east, the site is currently zoned AG/Res but can be easily re-zoned for residential, commercial, or recreational use. The land has been fully graded and backfilled with 200,000 cubic yards of owned fill, with the berm leveled and approved by the USCOE, making it ready for immediate development. Located within Florida's Opportunity Zone 12O43OOO2OO, this property offers significant tax incentives for investors. Its prime location, just 14 miles east of LaBelle, 44 miles east of Fort Myers, and 22 miles west of Clewiston, ensures easy accessibility while maintaining privacy and exclusivity. With multiple access points already in place, the possibilities for development are vastwhether it's an RV resort, waterfront community, personal residence, marina, or mixed-use project. Partial owner financing is available, and supporting documentation is available upon request. Don't miss out on this rare opportunity to secure a premier waterfront development site along one of Florida's most desirable waterways.

Contact:

Block Realty

Property Subtype:

Residential

Date on Market:

2025-04-23

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Masters Landing Farm - 6550 Stringfellow Rd

Saint James City, FL 33956

• Owner Financed Property
• Land for Sale
• $2,908,040 CAD
• 47.15 AC Lot

Saint James City Land for Sale - The Islands

LSI Companies is pleased to present Masters Landing Farm, a 47± acre mango tree farm, located in St. James City on Pine Island. The offering consists of two adjacent parcels of productive agricultural land with over 4,700 planted mango trees included in the sale price. The grove is ditched, irrigated, and fenced, with an inventory of grafted young mango trees set to produce fruit in under two years. Continue operating as a productive mango farm, diversify with additional crops or tropical nursery use, or convert the property into a private estate or ranch. LOCATION HIGHLIGHTS: • 0.3± miles to Stringfellow Road • 4.4± miles to Pine Island Road • 6.9± miles to Bokeelia • 9.2± miles to Cape Coral • 18.9± miles to US-41 • 20.1± miles to Fort Myers

Contact:

LSI Companies, Inc.

Property Subtype:

Agricultural

Date on Market:

2025-04-17

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Flagler Townhouses - 20 Clubhouse Drive

Flagler Beach, FL 32136

• Owner Financed Property
• Land for Sale
• $4,936,106 CAD
• 0.85 AC Lot

Flagler Beach Land for Sale - Flagler County

For sale or build to suit. Owner financing available to qualified and experienced parties.

Contact:

Urbane NewHaven, LLC

Property Subtype:

Commercial

Date on Market:

2025-04-16

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Ocean Gate - 75 West Palm Drive

Florida City, FL 33034

• Owner Financed Property
• Land for Sale
• $23,236,823 CAD
• 4.28 AC Lot

Florida City Land for Sale - South Dade

Seize this rare, shovel-ready mixed-use apartment development opportunity on a 4.28-acre parcel at the gateway to the Florida Keys, in the heart of Florida City—part of the fastest city growing in Miami-Dade County, which ranked second in U.S. population growth last year with a 2.3% increase. Executive Summary Location: 75 West Palm Drive, Florida City, Fl. Land Area: 4.28 acres (˜196,020 SF), fully entitled Buildings: 2 × Identical 8-story mixed-use towers Building 1: 162 units Building 2: 162 units Total Units: ˜ 324 Zoning: Transit-Oriented Development (TOD) Opportunity Zone: Yes — federal capital gains benefits Infrastructure: Sewer & water adjacent to site ; site filled to grade Purchase Price: $16,000,000 Short term owner financing can be discussed Retail component not included Operating Memorandum Highlights 1. Investment Highlights Strategic Location: Gateway to the Florida Keys; adjacent to Miami-Dade transit hub (bus park-and-ride). TOD zoning Entitlements & Infrastructure: Fully entitled, T-plat approved, utilities adjacent to property, filled to grade — significantly reduces entitlement and development risk. Tax Advantages: Opportunity Zone designation offers capital gains deferral/exclusion. 2. Development Program Density: ~324 units across 2 identical towers. Parking: Surface parking (lower cost vs. structured). 3. Market Positioning Florida City = fastest-growing city in Miami-Dade County. Market rate rent: also approved workforce housing Strategically located: adjacent to Lennar’s project, the site comprises 174 townhomes and includes a public park—enhancing both community appeal and long-term value. Scheduled for completion in Q1 2026. Lennar, DR Horton, and other top national builders: are actively developing over 5,000 residential units within a two-mile radius, with thousands more in the pipeline through entitlements and permitting. The area is experiencing rapid growth and sustained investment momentum. 4. Risks & Mitigation Development Risk: Fully entitled + utilities adjacent in place reduces delay risk. Parking: Reduced capex with surface parking Summary & Recommendations Strategic Fit: Rare large-scale, entitled TOD site with Opportunity Zone upside. Market Consideration: Mixed-income strategy focusing on mid-rent segments Strong Florida Keys demand: Homestead Air Force Base, Baptist Hospital, FedEx, UPS, Amazon, Major distribution centers within a 5 mile radius. Convenient Location Highlights: Major outlet malls just steps away, featuring top national brands Walmart & Home Depot all within a 1-mile radius Homestead-Miami Speedway located just 3 miles away—only a 10-minute drive

Contact:

Gem Real Estate Group

Property Subtype:

Commercial

Date on Market:

2025-04-14

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1630 NW 18th St

Miami, FL 33125

• Owner Financed Property
• Multifamily for Sale
• $5,348,594 CAD
• 9,180 SF

• Air Conditioning
• Kitchen

Miami Multifamily for Sale

Turnkey 12-unit multifamily investment with a strong 6.3% CAP rate in the heart of Miami! Fully renovated building with eight 2BD/1BA units and four large 2BD + den/1BA units. Upgrades include a new roof, impact windows, plumbing, electrical, A/C units, modern bathrooms and kitchens with new appliances, stylish flooring, fresh paint, and security system. The property offers 18 motor gated parking spaces, a new laundry facility, a mechanical room, and storage. It is located in the Health District near Jackson Memorial, Miami International Airport, and major highways. Ideal for a stable rental income. Call Andreina Zambrano (786.) 925-5170. Seller financing available.

Contact:

ONE Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-04-11

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12761 N Main St

Jacksonville, FL 32218

• Owner Financed Property
• Land for Sale
• $357,488 CAD
• 0.39 AC Lot

Jacksonville Land for Sale - Northeast Jacksonville

Prime 0.39-acre commercial lot in a high-traffic area of northern Jacksonville! Located near the intersection between Interstate 295 and Interstate 95. This versatile property offers excellent visibility and accessibility, ideal for retail, office, or service businesses. Surrounded by thriving commercial activity, offering strong growth potential.

Contact:

Coldwell Banker Commercial

Property Subtype:

Commercial

Date on Market:

2025-04-01

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7401 Gladiolus Dr

Fort Myers, FL 33908

• Owner Financed Property
• Land for Sale
• $955,597 CAD
• 4.23 AC Lot

Fort Myers Land for Sale - S Ft Myers/San Carlos

Situated adjacent to the Gladiolus Surgery Center and surrounded by medical facilities like the Florida Urology Center and 21st Century Oncology, this property presents an unparalleled opportunity for medical professionals. Serving as a vital link between Health Park and Gulf Coast Hospital, this six-lane thoroughfare has attracted a numerous doctors and practitioners over the years due to its central location, accessibility, and high traffic volume. With close proximity to medical office users and strong surrounding demographics, this site offers the perfect setting for a multi-tenant development.

Contact:

Mayhugh Commercial Advisors

Property Subtype:

Commercial

Date on Market:

2025-03-26

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7225 NW 84th Ave

Medley, FL 33166

• Owner Financed Property
• Land for Sale
• $10,930,932 CAD
• 2.73 AC Lot

Medley Land for Sale - Miami Airport

Prime Industrial 2.73 Acres.....Ideal opportunity for an Investor or Owner-User. Perfect for Truck Parking, Industrial Outdoor Storage, an Equipment Rental Operator, or an Industrial Development Site. In the heart of Miami-Dade County. Quick and easy access to 826 (Palmetto) & Florida Turnpike via NW 74th St, M-1 Zoning (Light Industrial / Manufacturing), +330’ frontage (NW 84th Ave), fenced property perimeter, proximity to the airport, city water & sewer, See flyer—possible owner financing.

Contact:

Miami Gables Realty

Property Subtype:

Industrial

Date on Market:

2025-03-24

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923 Biscayne Blvd

Deland, FL 32724

• Owner Financed Property
• Industrial for Sale
• $3,291,654 CAD
• 10,500 SF
• 1 Unit Available

• Smoke Detector

Deland Specialty for Sale - De Land

Some Owner Financing available

Contact:

Jet Park Deland

Property Subtype:

Airplane Hangar

Date on Market:

2025-03-18

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Palm Beach Farms - 5313 Colbright Rd

Greenacres, FL 33467

• Owner Financed Property
• Land for Sale
• $2,612,424 CAD
• 3.50 AC Lot

Greenacres Land for Sale - Royal Palm Bch/Wellington

As-Is. 3.5 acres of Ag-Res land with a 4/2 pool home with a 2/1 guest house. Perfect for a nursery business or small land scaping company 50% owner financing available. Property meets the requirements to be divided by 3.

Contact:

RE/MAX Prestige Realty/LW

Property Subtype:

Commercial

Date on Market:

2025-03-11

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116 10th Ave E

Bradenton, FL 34208

• Owner Financed Property
• Land for Sale
• $479,861 CAD
• 0.50 AC Lot

Bradenton Land for Sale - Manatee

This offering includes three vacant lots totaling 0.5 +/- acres that is easily accessible from Tamiami Trail in Bradenton, Florida. These lots are ideal for an office, medical office or retail development with a previously approved drive-thru plan and with permitted signage directly on Tamiami Trail (US-41). A large number of employers drive business to the area including Pierce Manufacturing, the City of Bradenton, Manatee County Government Buildings, and other employment center. This location and layout will provide ample opportunity for success and growth for a coffee use, small restaurant use, medical office or professional office. Property's close proximity to Manatee Memorial Hospital makes medical office a very viable use here. A large monument sign is set to be installed on Tamiami Trail with space allocated for this parcel providing ample visibility for the future owner to the 65,500 vehicles per day traveling the route.

Contact:

SVN | Commercial Advisory Group

Property Subtype:

Commercial

Date on Market:

2025-03-11

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Prime Multifamily Development Lot - 1 Jensen Beach Blvd

Jensen Beach, FL 34957

• Owner Financed Property
• Land for Sale
• $383,614 CAD
• 0.34 AC Lot

Jensen Beach Land for Sale - Port St Lucie

Seller Financing Available! Exceptional opportunity to acquire 0.34 acres of land zoned R-3A, allowing for multifamily development in the heart of Jensen Beach, FL. The site presents an ideal setting for apartments, townhomes, or other residential concepts, with strong demand supported by the surrounding community. Strategically located just two miles from US Highway 1, this property offers excellent visibility and accessibility in a thriving commercial corridor. Surrounding businesses include dental offices, insurance agencies, banks, popular restaurants, and established residential communities, providing a built-in customer base. In addition to multifamily, zoning also permits other uses such as retail, office, or professional services, providing additional development flexibility.

Contact:

Jeremiah Baron & Co Commercial Real Estate, LLC

Property Subtype:

Commercial

Date on Market:

2025-03-11

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Seller Financing & Sewer Available - 1000 87 Hwy

Milton, FL 32583

• Owner Financed Property
• Land for Sale
• $402,176 CAD
• 0.94 AC Lot

Milton Land for Sale - SE Santa Rosa County

The EDC reports the County has the 4th highest median household income, 7th fastest growing population in the state of Florida, 2.5% per year population growth over the past 10 years, and 1,500 new single-family homes will be needed annually to meet projected population growth. Santa Rosa County is home to NAS Whiting Field, the largest air wing in the U.S. Navy and produces 100% of all Navy, Marine Corps and Coast Guard helicopter pilots. The wing also conducts 60% of Chief of Naval Air Training (CNATRA) command's primary flight training, supporting more than 1.5 million annual flight operations. The installation currently hosts 6 Training Squadrons and 2 Instructor Squadrons and is the busiest installation in the world.

Contact:

Coldwell Banker Commercial Realty

Property Subtype:

Commercial

Date on Market:

2025-03-11

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655 N Indiana Ave

Englewood, FL 34223

• Owner Financed Property
• Office for Sale
• $1,856,196 CAD
• 9,698 SF

Englewood Office for Sale - Sarasota Outlying

For sale owner-user medical complex. This compound features a total square footage of 9,698 square feet of building space on .95 of an acre. The site features OPI zoning or Office, Professional, or Institutional, allowing for various uses, including mixed-use. Currently, the owner occupies 3,472 square feet of medical office and will be vacating at close. There is a garage behind the medical office, which could be used for the owner-user or perhaps as additional income on the site. New roof on both buildings completed in 2025. Traffic counts of 23,000 per day. Seller will consider 5.5% owner financing on “qualified buyers”.

Contact:

Asset and Key

Property Subtype:

Medical

Date on Market:

2025-03-07

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7051 Seacrest Blvd

Lantana, FL 33462

• Owner Financed Property
• Health Care for Sale
• $17,186,999 CAD
• 36,615 SF

• Smoke Detector

Lantana Health Care for Sale - Boynton/Lantana

We are thrilled to announce even more exciting developments that dramatically elevate the already exceptional potential of this premier behavioral healthcare campus in Lantana, Florida. Offering SELLER FINANCING, this fully licensed detox and residential treatment center represents a truly rare, high-upside investment opportunity in one of South Florida’s most desirable markets. Strategically located in thriving Palm Beach County, the 100-room, turnkey facility is perfectly positioned for operators or investors focused on substance use disorder (SUD) treatment, mental health services, behavioral health expansion—or highly flexible adaptive reuse. We are especially pleased to share that the Palm Beach County Zoning Department has approved a substantial increase, bringing the total allowable bed count to 180+ beds (building on the prior 66-bed zoning approval with the recent authorization for 100+ additional beds). This major zoning victory dramatically enhances scalability, revenue potential, and long-term value creation far beyond current operations. Currently licensed for 14 detox beds and 44 residential beds, the expansive 36,625 SF, 4-story building on 1.34 acres provides immediate room for significant growth, with plentiful extra space and flexible layout to efficiently scale toward—and potentially well beyond—the full 180+ bed zoning entitlement. The property’s outstanding zoning versatility further magnifies its extraordinary upside: in addition to its established use as a behavioral health and treatment center, it is strongly positioned for conversion to a 92-unit Assisted Living Facility (ALF), skilled nursing facility, or multi-family residential units development—offering multiple high-demand pathways to maximize returns in Florida’s booming healthcare and housing markets. The fully enclosed main campus features premium, operator-ready amenities, including 18 administrative offices, an executive office suite, welcoming waiting rooms, spacious common areas, bathrooms, utility and laundry rooms, network room, abundant storage, backup generator, refreshing outdoor pool, exam rooms, 54 designated parking spots, and unlimited open common parking. This exceptional multi-use rehabilitation treatment healthcare campus stands out as one of the most attractive value-add opportunities available today—poised for substantial appreciation as bed counts are expanded and alternative uses are unlocked. Don’t miss the chance to acquire a licensed, prime-location asset with proven infrastructure and remarkable growth potential. Contact us today to discuss seller financing options and take the next step toward securing this outstanding property.

Contact:

Blue Water Real Estate Group

Property Subtype:

Rehab Centre

Date on Market:

2025-03-03

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1.16 Acres CG Zoned Land on Gasparilla Road - 8395 Gasparilla Rd

Port Charlotte, FL 33981

• Owner Financed Property
• Land for Sale
• $529,360 CAD
• 1.16 AC Lot

Port Charlotte Land for Sale - Charlotte County

Owner financing possible. Please contact listing agent for more information.

Contact:

Corr Commercial Advisors, LLC

Property Subtype:

Commercial

Date on Market:

2025-02-25

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Village Street Condominiums Ground up - 3001 Village St

New Smyrna Beach, FL 32168

• Owner Financed Property
• Land for Sale
• $1,347,461 CAD
• 0.84 AC Lot

New Smyrna Beach Land for Sale - South Beach Cities

The Project is approved for 2 elevator buildings with 8 units in each building for a total of 16 units with 2 bedrooms/2 baths and parking on the ground level. Minutes to Shopping, Beach, Golf Courses, Dining, and Public Transportation. Our engineer working on Final Approval. This opportunity is available for $980,000. Option of exclusive owner financing to qualified buyer, Will consider all proposals Seller will accept barter exchange for apartments in the project. info.@villagestreetcondo@Gmail.com

Contact:

Village Street Llc

Property Subtype:

Residential

Date on Market:

2025-02-20

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PALMETTO PLACE APTS! 13% CASH-ON-CASH RETURN - 1913 3rd E ave

Palmetto, FL 34221

• Owner Financed Property
• Multifamily for Sale
• $1,698,076 CAD
• 6,700 SF

• Air Conditioning

Palmetto Multifamily for Sale - Manatee

PALMETTO PLACE IS AN 8-UNIT APARTMENT COMPLEX LOCATED IN BEAUTIFUL PALMETTO, FL! PALMETTO IS LOCATED ON THE MANTEE RIVER BETWEEN SARASOTA AND BRANDTON, FL. THE PALMETTO AREA HAS ONE OF THE HIGHEST OCCUPANCY RATES OF RENTAL UNITS IN THE STATE, WITH A VERY LIMITED NUMBER OF RENTAL UNITS AVAILABLE! THE SELLER IS OFFERING AMAZING SELLER FINANCING, WHICH MAKES THIS DEAL EVEN BETTER (SEE P.5)! THE PROPERTY CONSISTS OF (3) TWO-BEDROOM/TWO-BATHROOM UNITS AND (5) ONE-BEDROOM/ONE-BATHROOM UNITS WITH AN AVERAGE OF 800 RENTABLE S/F M.O.L. THE PROPERTY SITS JUST MILES FROM DOWNTOWN PALMETTO AND THE PALMETTO HISTORIC DISTRICT. THE PROPERTY HAS UNDERGONE SIGNIFICANT IMPROVEMENTS SINCE 2024. THE PROPERTY HAS MASSIVE UPSIDE POTENTIAL AS ALMOST ALL RENTAL RATES ARE STILL VERY MUCH BELOW THE MARKET AVERAGE. THIS WILL BE A HUGE POSITIVE FOR A BUYER AS THEY CAN RAISE THE RENTS QUICKLY WITHOUT SPENDING EXCESS MONEY ON PROPERTY IMPROVEMENTS! THE PROPERTY IS CURRENTLY 100% OCCUPIED, AND WITH THE LIMITED NUMBER OF UNITS AVAILABLE FOR RENT IN THE PALMETTO AREA, THE DEMAND IS OFF THE CHARTS! PALLMETTO’s HIGH OCCUPANCY RATES ARE IN LARGE PART DUE TO THE AREA BEING FAR LESS EXPENSIVE TO RENT IN THAN IN BRADENTON OR SARASOTA. TWO OF THE MOST EXPENSIVE AREAS IN ALL OF FLORIDA! THE UNITS ARE APPROXIMATELY $350 PER MONTH BELOW THE MARKET AVERAGE, CREATING A FANTASTIC VALUE-ADD OPPORTUNITY AND GIVING THE BUYER THE ABILITY TO INCREASE THEIR NOI QUICKLY! THERE IS ALMOST NOTHING AVAILABLE FOR RENT CURRENTLY IN THE ENTIRE DOWNTOWN CORRIDOR. GIVEN THE ABILITY TO INCREASE THE RENTAL RATES AT THE PROPERTY & THE AMAZING SELLER FINANCING TERMS AVAILABLE, A BUYER CAN OBTAIN A CASH-ONCASH RETURN OF 10% IMMEDIATELY! BEFORE THE START OF 2026, A BUYER CAN OBTAIN A CAP RATE OF OVER 8.5% AND A CASH-ON-CASH RETURN OF OVER 13%! BY 2027, THE BUYER CAN OBTAIN A CASH-ON-CASH RETURN OF OVER 14%! SELLER FINANCING APPROXIMATE TERMS: DOWN PAYMENT: $550,000! FIXED INTEREST RATE: (Year 1: 4.5%), (Year 2: 5.5%), Year 3: 6.5%) INTEREST-ONLY PAYMENTS OR AN AMORTIZATION OF 30-YEARS BALLOON LENGTH: 3- YEARS MONTHLY DEBT SERVICE AS LOW AS: $2,437 PER MONTH.

Contact:

Grimaldi Commercial Realty Corp.

Property Subtype:

Apartment

Date on Market:

2025-02-18

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