Multi-Family available on the Gulf coast of Florida

This post is specifically highlighting Naples and Sarasota county.

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#1. Biscayne Dr, Naples, FL  – Rarely available 12 units close to Downtown Naples.Property consists of a Sixplex and three Duplexes all on one large compound. There are 5 two bedroom units and 7 one bedroom units.

#2.  Sarasota Coastal Apartments for Sale – This 6 unit, 3 building, multi-tenant property has an excellent mainland location, is in an area of major redevelopment and in a “high demand” rental corridor at the gateway to the white, sandy beaches of the barrier island named Siesta Key (#1 beach in US for 2011).

The location and income producing features of this property offer the new buyer some flexibility. There is significant value in both the site and the grandfathered zoning density (RMF-4). The current owner upgraded the premises in 2005 featuring new plumbing, windows, tile, appliances, paint and landscaping.

The complex contains a total of 6 permitted apartment units. The front building contains TWO, 1 bedroom, 1 bathroom units; The two rear buildings (two-floors) each house TWO, 2 bedroom, 2 bathroom units.

#3.  Great Multi-Family Development Opportunity in Sarasota – This 6.4+ acre piece of land has been available for a while and agreeing that the asking price is starting a bit high, there is flexibility in the pricing.  57 units are allowed to be built based on the current zoning.  There are approx 10 existing units.

#4.  4 Total units in Gillespie Park (Sarasota, FL)  Confidential – Confidentiality must be signed and no co-brokerage is offered.

 

Contact Sean Dreznin at (941) 906-8688 or sean@ian-black.com for more information

 

 

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