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Portfolio For Sale • 7,023 SF
| Majority of two-bedroom units feature private balconies or patios |
| Rental comps show strong upside: two-bedroom units are $800–$925 below market; one-bedroom units are $600–$795 below market |
| Offering includes two additional parcels next to the hard corner of Gulf Blvd, offering prime future development potential |
| 11 units currently occupied, generating $108,720 in-place income; 14 hurricane-impacted units are remediated and ready for renovations |
| Roofs on two of three buildings replaced in 2019; electrical and HVAC systems have been incrementally updated |
| Centrally positioned between Clearwater Beach and St. Pete Beach, the property benefits from a quiet, highly desirable coastal setting |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 30 min | - | 15.3 mi |
| Tampa International | 46 min | - | 27.7 mi |
| Sarasota/Bradenton International | 70 min | - | 42.6 mi |
Zachary Brown
Marcus & Millichap
Zachary Brown
Marcus & Millichap
