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423 10th Ave W
Palmetto, FL 34221

+/- 9.3 CAP w/ 5 Year Tenant Plus Apartments · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,590 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.16 AC
Zoning
CC, County
Frontage
85 FT on 10th Ave

About 423 10th Ave W , Palmetto, FL 34221

One of a kind 2 story building available with 5 apartments and a current turn key restaurant. Just recently ownership completed around $80,000.00 worth of upgrades to this building! All 5 apartments located on the second floor are 100% leased and stay consistently occupied with all new A/Cs and most have all new interior renovations. The first floor restaurant has a brand new lease with a 60 month term! Apartments: Suite 1 - 1 bedroom 1 bathroom / NEW AC Suite 2 - 1 bed 1 bath (remodeled) / NEW AC Suite 3 - 1 bed 1 bath / NEW AC Suite 4 - Studio (remodeled) / NEW AC Suite 5 - 1 bed 1 bath (remodeled) / NEW AC Restaurant - +/- 2,795 sf Please contact for an up to date rent roll and information. NDA will need to be completed. Just N. of Regatta Pointe Marina

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27530-0000-5
Land Assessment
$27,370
Improvements Assessment
$384,888
Total Assessment
$412,258
  • Listing ID: 8891004

  • Date on Market: 8/29/2017

  • Last Updated:

  • Address: 423 10th Ave W, Palmetto, FL 34221

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