555 69th Ave
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555 69th Ave
10 Unit Apartment Building $3,395,000 ($339,500/Unit) 6.22% Cap Rate St Pete Beach, FL 33706
Executive Summary
Great opportunity to purchase a ten-unit apartment building in highly desirable St Pete Beach. This property is located two short blocks from the Gulf of Mexico beaches, Gulf Blvd, and all of the dining and shopping options in this busy tourist area.
Property Facts
Price | $3,395,000 | Building Class | C |
Price Per Unit | $339,500 | Lot Size | 0.23 AC |
Sale Type | Investment | Building Size | 8,354 SF |
Cap Rate | 6.22% | Average Occupancy | 100% |
No. Units | 10 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 1973/2018 |
Property Subtype | Apartment | Parking Ratio | 2.63/1,000 SF |
Apartment Style | Low Rise |
Price | $3,395,000 |
Price Per Unit | $339,500 |
Sale Type | Investment |
Cap Rate | 6.22% |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.23 AC |
Building Size | 8,354 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built/Renovated | 1973/2018 |
Parking Ratio | 2.63/1,000 SF |
Unit Amenities
- Air Conditioning
- Storage Space
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Deck
- Double Pane Windows
- Linen Closet
- Patio
- Window Coverings
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
- Bicycle Storage
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 1 | - | 575 |
2+1 | 5 | - | 900 |
2+2 | 4 | - | 1,100 |
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
Parcel Number | 36-31-15-05940-002-0150 | Improvements Assessment | $369,269 |
Land Assessment | $480,731 | Total Assessment | $850,000 |
PROPERTY TAXES
Parcel Number
36-31-15-05940-002-0150
Land Assessment
$480,731
Improvements Assessment
$369,269
Total Assessment
$850,000
zoning
Zoning Code | multi family |
multi family |
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555 69th Ave
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