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MOTIVATED SELLER-BRING ALL OFFERS NOTICE: THIS PROPERTY LISTING IS FOR BOTH 325 & 333 77TH AVE. A TOTAL OF 9 UNITS + VACANT LAND: TOTAL PRICE IS $1030000 The 2 properties being sold together include one (4) unit apartment building with 4 - 1/1's ( U8036849 ON MLS ) plus another 5 unit apartment building (Listing # U8036849 ON MLS ) which includes 4 - 1/1's and 1-2/1 as well as a vacant lot adjacent to 333 77th Ave that measures 50 x 142.5.
10 additional units may be built on the vacant lot. The total lot size for both apartment properties and the vacant land is 150 x 142.5.
A profit loss sheet is available as an attachment as well as a rent survey. The property is under leased in price as you will see. All of the tenants are on 1 year leases. The units are metered for electric but not for water. A blank copy of the lease is in the attachment section of this listing as well as profit loss balance sheet. Owner is highly motivated. See St.Pete Beach City plans for this area in attachment.
The 325 property units are 700 Square ft + one is a 2 bedroom at 875.
The 325 property are 650 sq/ft
Repairs - were sewer pipe going to the road both roofs and a hot water heater.
Annual Net Income: 44893.00
Association Amenities: Clubhouse, Playground, Pool, Recreation Facilities
Building Area Source: Public Records
Building Area Total: 2700.00
Community Features: Fitness, Pool, Public Boat Ramp, Sidewalk, Tennis Courts, Water Access
Construction Materials: Block, Stucco
Cooling: Central Air
County/Area: Pinellas County
Exterior Features: Other, Sidewalk
Future Land Use: 08
Gross Income: 78060
Heating: Central, Wall Units / Window Unit
Lease Term: 12 Months
Listing Status: Active
Lot Dimensions: 50.0X142.0
Lot Features: In City Limits
Lot Size: 0.1600
Lot Size Square Feet: 7100
Millage Rate: 18.29
Number Of Lots: 1
Parcel Number: 36-31-15-77994-225-0050
Property Condition: Completed
Property Type: Multi Family Home
Style: Multi-Family (Multi-Family)
Sub Type: Multi-Family
Subdivision: St Petersburg Beach Replat
Subdivision Num: 77994
Subdivision/Neighborhood: St Petersburg Beach Replat