16301 Gulf Blvd | Redington Beach, FL 33708
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16301 Gulf Blvd
Redington Beach, FL 33708
Costa Vista Apartments · Multifamily Property For Sale · 10 Units
Investment Highlights
- Airbnb/daily rental permitted
- Concrete block construction and 2017/2015 roof replacements
- Redington Beach is approximately one square mile in size and boasts four town parks, five public beach accesses, a causeway with benches for relaxing
- Proven unit interior renovations may realize a 47% increase in Effective Gross Income by end of Year 2
- Versatile investment opportunity offers investors a variety of options: Immediate upside via elimination of in-place loss-to-lease with continued unit
- Mainland access via causeway 1.5 miles to the south, offering access to a wide variety of area destinations, including Clearwater Beach (12.7 miles),
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 8,404 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1974 |
| Building Class | C |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 8,404 SF |
| No. Stories | 2 |
| Year Built | 1974 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 560 |
| 2+1 | 5 | - | 810 - 1,289 |
| 2+2 | 1 | - | 1,635 |
PROPERTY TAXES
| Parcel Number | 05-31-15-00000-420-0500 | Improvements Assessment | $113,529 |
| Land Assessment | $131,471 | Total Assessment | $245,000 |
PROPERTY TAXES
Parcel Number
05-31-15-00000-420-0500
Land Assessment
$131,471
Improvements Assessment
$113,529
Total Assessment
$245,000
zoning
| Zoning Code | MF |
| MF |
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