638 180th Ave - Apartments FOR SALE


Redington Shores, FL 33708
$399,000 USD
727-542-0998
638 180th Ave, Redington Shores, FL for Sale
$399,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

638 180th Ave
Redington Shores, FL 33708


OVERVIEW

A great opportunity to purchase a multi-family lot, well located in the desirable Redington Shores beach community - Licensed and operated as a triplex for many years; all units are 1 bedroom/1 bath - The total building square footage is about 1,339, and it was built in 1952 with block construction - The lot size is about 47' x 90', with the Gulf of Mexico beaches within short walking distance - The building was heavily damaged during the recent hurricane, and the property is being sold where is, as is - In the RS10 Medium Low Density zoning district, but Redington Shores may allow for 3 new units to be built as per grandfather status; maximum 30' height - This property had recent storm damage and all buyers are encouraged to research the condition and terms to restore the property with the proper municipal authorities.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

3

PRICE/UNIT

$133,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,916 SF

ZONING

RS10

APN/PARCEL ID

31-30-15-88524-002-0420

ASK ABOUT THIS PROPERTY

Patrick CalhoonSmith & Associates Real EstateMore Info
727-542-0998

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Patrick CalhoonSmith & Associates Real EstateMore Info
727-542-0998

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