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The Multifamily Firm Brokers Apartment Building In St. Petersburg, FL

The Multifamily Firm Brokers Apartment Building In St. Petersburg, FL

March 26, 2024


Sold Apartment Building In St. Petersburg, FL Brokered By The Multifamily Firm

The Multifamily Firm is proud to announce the sale of  a gorgeous apartment building located in the wonderful Downtown St. Petersburg, FL. Doted as the best multifamily real estate firms in the state of Florida, The Multifamily Firm is proud to have facilitated this sale. With a closing sale price of $206K Per Unit and $389 Per Sq. Ft., the buyer of this complex in Downtown St. Petersburg, truly realized the true potential of investment with this fantastic property!

In addition this property is newly renovated including a new roof, fresh interior painting, new exterior painting, central air conditioning, hardwood flooring, and other various interior updates. These updates allotted for multiple offers as the property was sold at 100% of list price. To learn more about the highlights of our latest sale, continue reading below:

 

SALE HIGHLIGHTS

  • Sold for $206K Per Unit and $389 Per Sq. Ft.
  • Sold at 100% of List Price and Produced
    Multiple Offers
  • Property Had Numerous Updates Completed,
    Including New Roof, Freshly Painted Interior /
    Exterior, 2 New Central AC’s
  • Units Equipped with Hardwood Flooring, Large
    Walk-In Closets, Central AC & Heat, Fireplaces
    in 2 Units & Spacious Front/Rear Porch Areas
  • Dedicated Off-Street Paved Parking Spaces
    for Each Unit; Rarely Provided in Location
  • Substantial Rental Upside with Implementing
    Additional Interior Updates
  • Monthly Utility Reimbursement Fees Paid by
    Tenants for Utilities
  • Perfectly Positioned Near Tampa Bay & NOT
    in a Special Hazard Flood Zone (Zone X)

 

If you are looking for a trusted multifamily realtor in the Tampa, FL, and Sarasota, FL areas, the Multifamily Firm would be happy to assist you in your multifamily property journey. We are a premier investment real estate brokerage that focuses exclusively on the disposition and acquisition of multifamily propertiesContact us today for more information on how we can help you find your dream investment property!

 

Looking For A Multifamily Real Estate Firm? Contact Us Today!

The Multifamily Firm is a premier investment real estate brokerage exclusively focused on the disposition & acquisition of multifamily properties. Based in Sarasota and Tampa, Florida, the firm is strongly positioned at the epicenter of economic growth and activity on the West Coast of Florida. If you are looking for a multifamily property please feel free to contact us via our contact form or by calling us directly at 941-444-6160. We look forward to speaking with you soon!