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Listing Details
- $6,243,750
- MLS# 990826
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Luxe Coastal Realty
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
Description
This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020?featuring updated flooring, fresh paint, windows, and fixtures?the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site laundry facility, and a separate office building with storage provides valuable operational flexibility. Major capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements, minimizing near-term...read more
Features
Gallery
Listed By
Agency Name: Luxe Coastal Realty
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
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