|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
||$122,636.36 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
Multi-Family Apartment building located, 1 block off Gulf Blvd., just a few blocks from the Gulf of Mexico. Includes 10 one-bedroom / 1 bath and 1 two-bedroom / 1 bath units. Great opportunity for increased value as rental rates continue to rise with each lease renewal. There has been a 20% increase in rental rates within the last 3 months alone. Units have been completely remodeled on the interior to include granite counter tops, wood cabinets, stainless steel appliances and tile flooring. Real Estate in Madeira Beach has appreciated 13.44% in the last 12 months exceeding appreciation rates for other beaches close by.
|Property Located Between:
||Property is located north of Gulf Blvd., on west side of 148th Ave
||R-2-City of Madeira Beach
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