Saint Petersburg Specialty for Sale - Gateway

THIS 24-UNIT CONDOMINIUM PORTFOLIO CONSISTS OF CLASS A UNITS ACROSS BEAUTIFUL ST. PETERSBURG, LAGO AND CLEARWATER, FL! THESE ARE THREE OF THE FASTEST-GROWING AND HOTTEST MARKETS IN THE COUNTRY! WITH MASSIVE DEVELOPMENTS ONGOING AND PEOPLE FLOCKING TO THESE AREAS TO LIVE, THE AVAILABILITY OF UNITS LIKE THIS IS FEW AND FAR BETWEEN, CREATING INCREDIBLE DEMAND! EACH BUILDING HAS AN HOA, RESPONSIBLE FOR ALL PROPERTY INSURANCE AND EXTERIOR MAINTENANCE, INCLUDING ROOF AND STRUCTURAL REPAIRS! ALL UNITS ARE IN FANTASTIC CONDITION WITH LONG-TERM TENANTS IN PLACE. THE OWNER HAS UPDATED ALL UNITS IN THE PAST 5 YEARS, AND ALL UNITS ARE LOCATED IN TOP-OF-THE-LINE BUILDINGS ACROSS THESE THREE CITIES. THE SELLER IS OFFERING AMAZING SELLER FINANCING (SEE P.5 OF OM), MAKING THIS DEAL EVEN BETTER! APPROXIMATE SELLER FINANCING TERMS: DOWN PAYMENT: $650,000 YEAR 1 INTEREST RATE: 6% YEAR 2 INTEREST RATE: 7% YEAR 3 INTEREST RATE: 8% INTEREST-ONLY PAYMENTS BALLOON LENGTH: 3- 5 YEARS MONTHLY DEBT SERVICE AS LOW AS $16,725! CURRENTLY, THE RENTAL RATES ARE WELL BELOW THE MARKET AVERAGE DUE TO THE LARGE NUMBER OF LONG-TERM TENANTS THAT HAVE RENTED THEIR RESPECTIVE UNITS FOR AN AVERAGE OF OVER 2+ YEARS! THIS GIVES THE BUYER MASSIVE UPSIDE TO INCREASE THE RENTS RIGHT AWAY AND BOOST THEIR NOI WITHOUT HAVING TO SPEND MONEY ON ADDITIONAL CAPEX EXPENSES. SIMILAR UNITS OF THIS QUALITY ARE RENTING FOR AN AVERAGE OF OVER $300-$350 MORE PER MONTH. THIS CLEARLY SHOWS THE MASSIVE POTENTIAL FOR INCREASING THE RENT INSTANTLY, AS WELL AS IN THE FUTURE. THIS PORTFOLIO CURRENTLY BOASTS A CAP RATE OF 8% AND A CASH-ON-CASH RETURN OF OVER 14%. THIS ONLY GETS BETTER AS THERE IS CLEARLY ROOM FOR RENTAL INCREASES AT THE PROPERTY. A BUYER CAN EASILY OBTAIN A CAP RATE OF OVER 9.3% AND A CASH-ON-CASH RETURN OF OVER 15.5% JUST BY BRINGING ALL 24 UNITS UP TO THE MARKET AVERAGE RENTAL RATE. WITH AMAZING SELLER FINANCING, THIS PROPERTY EASILY BECOMES THE BEST VALUE-ADD INCOME-PRODUCING ASSET ON THE MARKET! UNIT UPGRADES INCLUDE BUT ARE NOT LIMITED TOO: NEW FLOORING, NEW INTERIOR PAINT, NEW WINDOWS, FULLY UPDATED BATHROOMS, NEW BATHROOM TILE, NEW KITCHEN TILE, NEW KITCHEN APPLIANCES, UPDATED WINDOWNS, AND MUCH MORE. ALL UNITS HAVE TOP-OF-THE-LINE HVAC UNITS. ALL HVAC UNITS WERE REPACED IN THE PAST 5 YEARS, WITH MOST REPLACED WITHIN THE PAST 2 YEARS! THE OWNER IS NOT RESPONSIBLE FOR ROOF OR EXTERIOR MAINTAINANCE! THE BEST PART ABOUT THIS AMAZING INVESTMENT OPPORTUNITY IS THAT ALL OF THE UNITS ARE PART OF A HOMEOWNERS ASSOCIATION. THE HOA HAS A SET MONTHLY COST FOR ALL UNITS OF ($113,235) TOTAL FOR THE ENTIRE PORTFOLIO ANNUALLY. IN EXCHANGE FOR THE MONTHLY FEE, THE HOA MANAGES THE INDIVIDUAL UNITS AND COVERS ALL REPAIRS TO THE EXTERIOR OF THE BUILDING. INCLUDING BUT NOT LIMITED TO GARBAGE, WATER AND SEWER, LAWN, LANDSCAPING, PARKING LOT MAINTENANCE, EXTERIOR BUILDING INSURANCE INCLUDING WIND COVERAGE, ALL EXTERIOR BUILDING MAINTENANCE, DRIVEWAY AND PARKING LOT MAINTAINANCE, COMMON AREA MAINTAINANCE, MAINTAINANCE OF ALL AMENITIES, ROOF REPAIRS, ON-SITE MANAGEMENT, AND MUCH MORE.

Property Subtype:

Residential Income

Date on Market:

2024-08-07

Orlando Land for Sale - SE Orange Outlying

This 3.64-acre site has all engineering, approvals and permitting to develop a paved, lighted, fenced and secured truck parking facility with two access points. Current site plan shows 98 truck parking spaces. Potential to modify striping and circulation layout to suit alternative parking programs. Terrific I-2/I-3 Industrial zoning allows for a wide variety of uses including outside storage, manufacturing, light industrial, flex, and more. The site is one mile from a full interchange with the Central Florida Greeneway (Eastern Beltway/SR 417) making this a great fleet parking facility location. Just a 10-minute drive to Orlando International Airport provides potential for off-site airport parking. Location is immediately east of the Class-A Beltway Commerce Center with tenants including Disney, Home Depot, Walgreens, etc.

Property Subtype:

Industrial

Date on Market:

2024-07-22

Port Saint Lucie Retail for Sale - Port St Lucie

Former Bank Building at the Premier Hard Corner of US 1 and Jennings Road in Port St. Lucie, FL, one of the Nation’s Fastest Growing Cities! Bank Building features 3,856 SF with dual Drive-Thru Lanes, ideally positioned on an Oversized 1.50 Acre Parcel with a Huge Parking Lot. Parcel sits as an outparcel to a 114,000 SF Retail Center recently redeveloped with a Crunch Fitness and is in close proximity to numerous additional National Retailers and QSR Tenants. Strong AADT Traffic Counts of 43,500 (US 1) and 5,300 (Jennings Road). Priced to sell below Replacement Cost in a market Exploding with Growth!

Property Subtype:

Bank

Date on Market:

2024-06-21

Tallahassee Office for Sale - Downtown Tallahassee

Date on Market:

2023-12-11

Miami Land for Sale - Wynwood-Design District

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of a 16,430 SF. The subject property is a 16,340 SF lot currently operating as a parking lot. With the Wynwood T5-O zoning, the site is ideal for mixed-use development allowing for 8 stories, 57-85 multi-family units with bonus, or 113-170 hotel keys. The Live Local Act (LLA) would also be ideal to develop affordable housing, increasing the density to 94 units and up to 27 stories. The parking stackers must stay and remain accessible. The site is directly adjacent to the Wynhouse, a 308 units projects currently under construction with delivery expected in Q1 2025. The development site is also located two blocks east of NW 2nd avenue, one of Wynwood’s main arteries with 8,000 VPD. There are currently 28 development projects in Wynwood, totaling 3,227 residential units, 192 hotel rooms, 662k SF of office space and 361k SF of retail space.

Property Subtype:

Commercial

Date on Market:

2024-05-22

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

EXECUTIVE SUMMARY: LSI Companies is pleased to present Silver Sands, a gulf access commercial property centrally located on Estero Blvd in Fort Myers Beach, Florida. Formerly known as Silver Sands Villas, this 0.74± acre coastal infill redevelopment site presents a unique opportunity to participate in the renaissance of Fort Myers Beach. Located at 1207 Estero Blvd in the pedestrian district of Times Square with adjacencies to the brand-new award-winning Margaritaville Resort, this property is suitable for a high-quality mixed-use development. The site also benefits from over 130 feet of commercial gulf-access canal front shoreline that leads to the historical Matanzas Pass. A 50-foot walk across Estero Blvd grants access to the newly developed public beach parking allowing for unimpeded views of the Gulf of Mexico for any future redevelopment. The current zoning and future land use entitlements allow for a multitude of development uses, including residential, hospitality, and commercial. BEACH ACCESS: Multiple beach access points are conveniently situated within walking distance of the property. The nearest access point is directly across Estero Blvd., adjacent to a City-owned lot. This strategic placement across from Fins Up Club and the City-owned parking lot ensures the preservation of unobstructed views along the shoreline impeding future redevelopment.

Property Subtype:

Commercial

Date on Market:

2024-05-21

Delray Beach Multifamily for Sale

Investors dream come true! Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.

Property Subtype:

Apartment

Date on Market:

2024-05-16

Wildwood Land for Sale

This parcel sits directly across from the Brownwood town center which has become the epicenter for growth in the Villages and Sumter County.  McDonald’s and Chipotle are located next door. The parcel benefits from a full cross-access easement through Sparr Farm Supply’s parking lot, making accessing the stop light at SR 44 & Signature Dr easy. This lot could be perfect for almost any retail use with a heavy emphasis on Restaurants, coffee shops, and could even be perfect for urgent care, medical offices, and professional offices. If you are looking to put your business in a high-traffic corridor with unprecedented exposure this is the spot.

Property Subtype:

Commercial

Date on Market:

2024-05-07

Delray Beach Office for Sale

SIGNIFICANT PRICE IMPROVEMENT! Reduced to $4,800,000! Cash flowing 10,800 sq ft building with multiple tenants, located three blocks north of East Atlantic Ave. This property fronts on both Federal Highway (NE 5th Avenue) and NE 4th Ave, adjacent to new Hampton Inn Hotel. This property is well positioned within one mile of the Beach and one mile of I-95. The site contains two free standing buildings totaling 10,800 sf of multi-tenant office and retail use. This parcel also contains its own private parking lot with 42 parking spaces, fronting NE 5th Avenue, in addition there is ample street parking. Possible space available for owner user at closing or reposition with new tenants at current market, several short-term leases currently in place.

Property Subtype:

Loft/Creative Space

Date on Market:

2024-05-02

Tampa Portfolio of properties for Sale - Northeast Tampa

Rare commercial gem. A three-in-one investment opportunity. These three adjoining lots are anchored by a 2,242 sq ft retail space on one end, and a 4,000 sq ft nightclub on the other. Nestled in between them is a parking lot, enhancing accessibility to patrons. Nightclub is currently operating. Buyer assumes lease or has option to purchase the business. Retail space has updated electrical and HVAC systems. Lot Description: Sulphur Springs addition lots 5-7 block 41

Property Subtype:

Mixed Types

Date on Market:

2024-04-29

Jacksonville Beach Office for Sale - Beaches

The site is just 1/2 block south of the Jacksonville Beach Pier and one block West of the Atlantic Ocean. Surrounded by various restaurants, shops and hotels in the heart of Jacksonville Beach Town Center.

Property Subtype:

Office/Residential

Date on Market:

2024-04-09

Jacksonville Land for Sale - Northeast Jacksonville

SIZE/FRONTAGE: +/- 29 net usable acres, +/- 820 ft. frontage on Blasius Rd. ZONING: IH (Industrial Heavy) UTILITIES: JEA - City Water and Sewer Services and Electric in place on Blasius Rd; potential rail spur/CSX. LEASEHOLD IMPROVEMENTS (to 11/10/26): +/- 11,700 sq. ft. off-warehouse facility, w/fenced, stabilized yard for container, truck and heavy equipment storage. Potential Container & Outside Storage Yard, Distribution-Warehouse, Manufacturing & Cold-Storage Site(s)

Property Subtype:

Commercial

Date on Market:

2024-04-02

Tampa Portfolio of properties for Sale - Downtown Tampa

This prime investment property boasts flexible CBD-1 zoning, making it an ideal location for various purposes such as mid-rise residential, office, hospitality, or mixed-use projects. The attractive design of the current office building and the nearby parking garage further support its potential for continued use as a lucrative income-generating investment.

Property Subtype:

Mixed Types

Date on Market:

2024-02-27

Saint Cloud Land for Sale - St Cloud

PRIME LOCATION! This commercial development opportunity is positioned at the high-visibility corner of SR 192 (Irlo Bronson Memorial Highway) and the downtown historic shopping district and City Hall on New York Avenue. This sale includes four commercial lots with three income-producing single-family homes, and an unpaved alley behind the parcels to provide parking lot ingress and egress for your new development. This neighborhood block of four contiguous parcels is zoned SHB/HIGHWAYBUS, fronting US-102/Irlo Bronson Memorial Hwy, and continues the St Cloud Historic Shopping District on New York Ave across US-192. The secondary frontage of New York Ave is directly across the street from Veterans Park, the Amphitheater, the farmers market, and special events. The direct frontage on US-192 and New York Ave is a primary arterial connecting St. Cloud to Florida’s Turnpike and the booming NeoCity tech corridor. This site offers prime access within a rapidly transforming economic landscape. The corridor currently sees an Average Annual Daily Traffic (AADT) count of approximately 30,000 to 50,000 vehicles, providing unmatched brand exposure. Positioned to serve thousands of new residents from nearby master-planned communities like Sunbridge, Tohoqua, and NeoCity, increasing the surrounding area's purchasing power and driving a surge in local retail demand. AI-rendered concept art includes a continuation of the walkable historic retail shopping district across New York Ave, a community-friendly central fountain and boutique retail shops, and a coffee shop or cafe with outdoor seating fronting US-192, where shoppers can relax and refresh while at the farmers market, concert events at Veterans Park, or as they cross the street from the existing historic shopping district. High-demand retail, dining, medical, community, and apartments/townhomes would be a great development plan for this block. See the attached PDF for the municipal code permitted business uses for this zoning designation. Contact listing agent Laura Diss, and let's make a deal.

Property Subtype:

Commercial

Date on Market:

2024-02-21

Miami Land for Sale

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 540 NW 79th Street, Miami, FL. The subject property is a 14,560 SF infill development site zoned T6-8-O, allowing for a wide variety of high-density developments including residential, hotel, and/or office use. The zoning permits up to 8 stories, and 150 DU/AC, that’s 50 residential units, or 100 hotel keys for our site. The site is currently leased with an NOI of $66,000. The property is strategically located on NW 79th Street, the northern corridor of Little River, in an opportunity zone, with a traffic count of 27,000 cars daily. The site is within easy access to major thoroughfares such as the I-95, NW 2nd Ave, North Miami Ave, NE 2nd Ave, and Biscayne Blvd. It is also minutes away from the Wynwood Arts District, Midtown Miami, and the Design District. Little River & Little River Business District have attracted an array of creative and design-orientated businesses and developers that have spontaneously identified the surrounding neighborhood as one of Miami’s most up-and-coming districts with high growth potential.

Property Subtype:

Commercial

Date on Market:

2024-01-31

Doral Office for Sale - Miami Airport

Ekos Real Estate proudly presents this exceptional two-story office building, recognized by the City of Doral in 2023 for its significant contribution to enhancing the city’s architectural landscape. Built in 2015 and spanning 19,712 square feet on over one acre of prime real estate, this award-winning property offers unmatched opportunities for owner-occupancy, multi-tenant leasing, or investment. Strategically located on NW 25th Street in the bustling heart of Doral, the property offers a flexible layout ideal for corporate headquarters, law firms, tech companies, insurance agencies, medical practices, or other professional uses. The interior includes private offices, open workspaces, a conference room, a lounge area, and an ADA-compliant elevator. Each floor features two multi-stall restrooms, ensuring practicality and comfort for any business configuration. Additionally, the building is equipped with independently metered utilities, making it perfectly suited for multi-tenant leasing opportunities. SELLER FINANCING AVAILABLE. In 2022, the building underwent extensive renovations to modernize and elevate its appeal. Updates include: • Refined restroom finishes • Polished concrete floors • Striking open ceilings • Glass and wood veneer wall accents in common areas • Linear LED lighting • State-of-the-art access control and security systems • Custom-built employee lounge • Fresh exterior waterproofing and painting • Illuminated exterior signage • Lush landscaping and architectural enhancements • Improved parking lot lighting and polished sidewalks This thoughtfully updated property seamlessly blends style and functionality, creating a modern workplace that caters to the needs of businesses, employees, and clients alike. The property’s prime location offers excellent connectivity to Miami’s major employment centers, the airport, and local amenities. Walkable surroundings and a vibrant community atmosphere make it a highly desirable business hub. With the area’s continued growth, including significant investments from retailers like Tesla, this property is poised for long-term appreciation and solid returns on investment. Additional Highlights: • Fully vacant at closing for a turnkey opportunity • Flexible zoning for various business uses • Exceptional visibility and accessibility • Independently metered utilities for seamless multi-tenant operation Don’t miss this rare opportunity to own or invest in a truly iconic property in one of South Florida’s most sought-after commercial markets. Contact Ekos Real Estate today to schedule a private tour!

Property Subtype:

Office/Residential

Date on Market:

2024-01-22

Fort Pierce Specialty for Sale

Fort Pierce, FL - Population Growth • Since COVID, Fort Pierce has experienced significant population growth • Fort Pierce has had 18.5% population growth over the last decade, exceeding the state’s population growth of 14.2% • 2.5% year over year population growth for the past six years Fronting US Hwy 1 | Taylor Creek Commons | King’s Landing | Treasure Coast International Airport (FPR) • The subject property is strategically fronting US Hwy 1 averaging 39,100 VPD • Next to Taylor Creek Commons, a 60,000 SF Publix-anchored neighborhood center that features national tenants such as CVS, Family Dollar, Wendy’s, and more • Located 4 miles from Treasure Coast International Airport (FPR) • The most recent development project underway in Fort Pierce is called King’s Landing, set to be built on the seven acres of land between Second Street and Indian River Drive in downtown Fort Pierce • The King’s Landing development, set to break ground Q4 2023, will include: • 116 residential units • 106 condos • 140-room hotel • 35,000 SF of restaurant space • 17,000 SF of retail • 179-space parking garage, 129 surface spaces – 308 total parking spaces

Property Subtype:

Car Wash

Date on Market:

2024-01-08

Stuart Industrial for Sale - Port St Lucie

This is a rare opportunity to acquire a well-maintained, garage property in the heart of downtown Stuart. The offering consists of two commercial buildings connected by a secured, fenced courtyard-style parking area, allowing for efficient circulation and operational flexibility. The property benefits from excellent frontage on two sides, enhanced by a high-visibility monument sign, making it ideal for automotive, service-oriented, or creative commercial uses. The buildings showcase classic storefront architecture, multiple roll-up doors with drive-through capability, and built-in office components, creating a highly functional layout for owner-users or investors. As an added value component, the property includes two 1-bedroom / 1-bath residential apartments, providing supplemental income or on-site flexibility, all just steps from downtown Stuart’s popular shops, restaurants, and waterfront amenities.

Property Subtype:

Warehouse

Date on Market:

2023-11-15

Delray Beach Multifamily for Sale

This Delray Beach, Florida, commercial/retail/office space is approximately 1,210 square feet. Located in central downtown Delray Beach, the Property is situated at 12 SE 1st Avenue, Delray Beach, Florida. Just yards from Atlantic Avenue, and the core of the shopping and entertainment district of Delray Beach, this is a recently painted prime retail space. Recently built residential development projects to the South and East, provide a high volume of foot traffic, as does the 200 space public parking structure immediately South of the property. 2022 HOA $1,135.96 per quarter

Property Subtype:

Apartment

Date on Market:

2023-11-07

Sebastian Land for Sale

Property Subtype:

Commercial

Date on Market:

2023-10-31

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

PROPERTY HIGHLIGHTS: • One of the few remaining opportunities to acquire affordable commercial land within one of Lee County's highest-growth corridors. • Prime commercial site with high visibility from Daniels Parkway, a major arterial roadway connecting Lehigh Acres to Fort Myers (AADT 59,500) • Recently rezoned from agriculture (AG- 2) to Commercial Planned Development (CPD) • Strategically located in a highly populated growth corridor near I-75 and SWFL International Airport • Immediately adjacent to a new 378-unit apartment project, The Wave at Chana • Environmental Resource Permit in place (includes 1.51 acres worth of mitigation credits procured) • Cleared site with minimal fill requirements • Includes three alternate approved site plans APPROVED BUILDING SIZE: • Up to 30,000 SF of commercial office floor area • Up to 20,000 SF of warehouse floor area

Property Subtype:

Commercial

Date on Market:

2023-08-08

Miami Office for Sale - Kendall

Town Center One is a 24 stories Class A office building located in Downtown Dadeland, across from Dadeland Mall. Spacious lobby area and covered parking garage. 24 hour attended front desk. Building has easy access to Kendall Drive, Palmetto Expressway and US 1. Close proximity to Pinecrest and Coral Gables

Date on Market:

2025-01-06

Milton Industrial for Sale - Avalon Beach/Milton

This is a former bowling alley. Prime location on Avalon Blvd. Parcel 1 includes a 24,000 square foot warehouse on approximately 2 acres right on Avalon Blvd; and Parcel 2 is 3.92 acres located one block behind. Located only a half mile North of Interstate 10 and only 12 minutes to Pensacola or Pace. The warehouse has water and sewer service and has a large parking lot with 120 spaces. Lots of potential with this property!

Property Subtype:

Warehouse

Date on Market:

2023-08-09

Belleair Bluffs Retail for Sale - Mid-Pinellas

Property Subtype:

Storefront Retail/Office

Date on Market:

2023-06-06