6370-6384 S Suncoast Blvd - Apartments FOR SALE


Homosassa, FL 34446
$1,480,000 USD
352-795-6633
6370-6384 S Suncoast Blvd, Homosassa, FL for Sale
$1,480,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

6370-6384 S Suncoast Blvd
Homosassa, FL 34446


HIGHLIGHTS

  • Diversified investment property with 6 residential units, a retail space, and a vacant commercial lot.
  • Great visibility from US-19 and a highly-trafficked stretch of Homosassa.

OVERVIEW

US 19 IN HOMOSASSA: DIVERSIFIED MONEY MAKER- 2 RESIDENTIAL TRIPLEXES (6 Residential Units) & SEPARATE RETAIL RENTAL WITH ADDITIONAL VACANT COMMERCIAL (GNC) PROPERTY- Rare property presents rare opportunity to have a variety of incomes through diversified fields (commercial rental & residential rental) while you develop the vacant land. Approximately 300 feet of US 19 frontage in busy stretch of Homosassa (across from Howard's Flea Market and approx 1/3 of a mile from WalMart). Zoned GNC. Flood Zone X. 6 residential units (2 triplexes, each with three 2bed/1bath apts). Laundry & Swimming pool for apts. Separate commercial retail unit (US19 frontage) (1536 Sqft), currently rented. Vacant parcel was previously a long time nursery on south part of property, so extra income/rental/development potential to develop the remaining property for more income. Location is tremendous and high traffic area.

FOR SALE DETAILS

PRICE

$1,480,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

7

PRICE/UNIT

$211,429

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Homosassa Money Maker

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

8

LAND DETAILS

LAND ACRES

3.69 AC

LAND SF

160,736 SF

ZONING

GNC

APN/PARCEL ID

17E-20S-01-0000-22420

ASK ABOUT THIS PROPERTY

Joseph AlexanderAlexander Real Estate, Inc.More Info
352-795-6633

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Joseph AlexanderAlexander Real Estate, Inc.More Info
352-795-6633

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.