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Gelfand Realty Miami Properties - Multi Family

7525 83RD N, SEMINOLE, FL 33777

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Multi Family -

7525 83RD N, SEMINOLE, FL 33777

Sold Price$2,700,000 Asking Price$2,750,000

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  • Days on market:

    32 day(s)
  • Original Price:

    $2,750,000
  • Price per sqft:

    $85.24
  • Tax Legal Description:

    PINELLAS FARMS SE 1/4, SEC 25-30-15 PART OF FARM 36 DESC FROM NW COR OF SE 1/4 OF SEC TH S88D51'55"E 30FT TH S00D26'33"W 964.56FT FOR POB TH N89D15'23"E 474.36 FT TH S00D46'E 21.38FT TH N80D21'24"E 19.99FT TH (TRUNCATED TO FIT MLS FIELD)
  • Tax Year:

    2014
  • Property Type:

    Multi Family
  • Parking:

    Over 30 Spaces
  • Waterfront:

    Yes
  • Waterfront Description:

    WaterfrontCanal - Saltwater
  • View:

    Water
  • Lease Term Remaining:

    24 Months
  • Construction Type:

    FrameConcreteCombination
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Floor Description:

    LaminateCarpet Tile Hardwood
  • Special Listing Conditions:

    None
  • Lot Features:

    Sidewalk Fire Hydrant Near Public Transit Wooded FloodZone Waterfront

Description

$2,750,000 • living size area 32263 sqft • waterfront access

58 units - 1br/1ba - perfect investment for an owner/operator! 100% occupied with a consistent double digit wait list! averaging 5 plus tenant inquiries a day! just off busy park blvd and on the bus line. close to bay pines va, the beaches, shopping and restaurants. directly on cross bayou with water frontage and a picnic/recreation area. elevator and laundry facility on site. covered parking and storage adds revenue. built in 1986, this class c complex has a mix of section 8 and regular tenants. strong cash flow now supporting several deferred maintenance projects underway. current management available for up to 6 months to transition new owners or management.
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