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The Multifamily Firm Brokers Apartment Building In Old Northeast, FL

The Multifamily Firm Brokers Apartment Building In Old Northeast, FL

March 27, 2024


Sold Apartment Building In Old Northeast, FL Brokered By The Multifamily Firm

The Multifamily Firm is proud to announce the sale of  a gorgeous apartment building located in the booming Old Northeast, FL. Doted as being one of the top places to live in the state of Florida, the expert team at The Multifamily Firm is proud to have facilitated such a stellar sale. This apartment building sold  for $240K/Unit and $330/Square Foot, giving the buyer a fantastic location and opportunity to grow.

With a vintage Mediterranean-style aesthetic this apartment building is equipped with a gorgeous gated courtyard that is lined with beautiful tropical Floridian landscaping and quality pavers. In addition the property is perfectly positioned outside of any flood zone and is within walking distance of several area attractions such as the Bayfront, New St Pete Pier, and Beach Drive. To learn more about the highlights of our latest sale, continue reading below:

APARTMENT SALE HIGHLIGHTS

  • Sold for $240K/Unit and $330/Square Foot
  • Consists of 5-Units, in 1 Wood-Frame Building Built in 1925, on 1 Parcel Totaling 0.089 Acres
  • Prime Class A+ Location in the Heart of the Vibrant Old Northeast Neighborhood
  • Vintage Mediterranean-Style Apartment Building with a Gated Courtyard Lined with Pavers & Lush Tropical Landscape
  • Reduced Utility Expenses w/ Tenants Paying Monthly Utility Reimbursement Fees
  • Substantial Upside Potential w/ Implementing Additional Modern Interior Updates
  • Tasteful Interiors Featuring Hardwood Flooring in 4-Units & Fireplaces in 3-Units
  • Perfectly Positioned Within Walking Distance of the Bayfront & NOT in a Flood Zone
  • 0.8 Miles from the New St Pete Pier & 10-Minute Walk from Beach Drive & Vinoy Park

 

If you are looking for a trusted multifamily realtor in the Florida area, especially within the Tampa and Sarasota counties, the Multifamily Firm would be happy to assist you in your multifamily property journey. Whether you are looking to sell your multifamily property or want to acquire a new property for your portfolio, we would be happy to assist.  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 To Buy Or Sell A Property? 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!