701 17th St W | Palmetto, FL 34221
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- LoopNet Team
701 17th St W
Palmetto, FL 34221
The Memphis Apartments · Multifamily Property For Sale · 16 Units
Investment Highlights
- Concrete Block Construction
- Value-Add Exists
- Interior Renovations Completed including new Kitchens, Updated Bathrooms, Flooring, Paint, A/C Units, Electrical and Plumbing as needed
- Located in New Growth Area with Stable Historical Surroundings
- Newer Asphalt Parking Lot/Driveway
PROPERTY FACTS
| No. Units | 16 | Lot Size | 1.67 AC |
| Property Type | Multifamily | Building Size | 7,440 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1953/2020 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 7,440 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2020 |
Unit Amenities
- Kitchen
- Refrigerator
- Yard
Site Amenities
- Fenced Lot
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $800.00 | 215 - 225 |
| 1+1 | 9 | $937.50 | 325 - 345 |
| 2+1 | 2 | $1,200 | 1,050 - 1,100 |
PROPERTY TAXES
| Parcel Number | 26256-0005-9 | Improvements Assessment | $537,250 |
| Land Assessment | $148,750 | Total Assessment | $686,000 |
PROPERTY TAXES
Parcel Number
26256-0005-9
Land Assessment
$148,750
Improvements Assessment
$537,250
Total Assessment
$686,000
zoning
| Zoning Code | MF (Multi family) |
| MF (Multi family) |
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