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31438466
31438467

1910 Debbie St, Sarasota, FL 34231

SD
FL FL SL3233805
Dreznin Pappas Commercial Real Estate LLC
Listed by Dreznin Pappas Commercial Real Estate LLC
Unpriced
68 days on market
Updated 39 days ago

Pelican Cove Villas

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,472
Net Rentable (SqFt) 7,483
Units 8
NOI $136,000
Occupancy 95%
Pro-Forma NOI $151,000
Class B
Year Built 2000
Year Renovated 2024
Buildings 4
Stories 1
Lot Size (SqFt) 30,000
Zoning RMF1 - RESIDENTIAL, MULTI FAMILY
Investment Type Stabilized
Ownership Fee Simple

Ownership wants to see offers ASAP - (4) Adjacent Duplexes | 8 Units | Block Const. | All 2/2 units

Marketing description

4 separate parcels with 4 buildings in this offering.

Each parcel has one duplex with each unit being a 2 bedroom / 2

bathroom with Washer & Dryer Hookups.

Each duplex is on its own parcel thereby allowing for individual sales at premium pricing in the future if preferrable.

The unit size average is 935 SQ FT.

Interior renovations have been completed throughout with quartz

countertops, flooring, kitchens and bathroom updates.

Tenants are responsible for electric, water and sewer costs.

Buy them, own them, increase rents over time, sell them off one by one (one parcel or building at a time) or sell them as two buildings (4-units) as those opportunities may provide advantageous financing for owner occupied or residential style financing or own them for the long term and enjoy the income.

Investment highlights

Pelican Cove Villas offer peaceful living within a short drive to civilization, shopping, amenities, grocery, work, etc.

You are also quite close to beaches, boat docks, relaxation and adventure.

The properties can be purchased individually or a a la carte

package if desirable.

Listing Contacts

SD
FL FL SL3233805
Dreznin Pappas Commercial Real Estate LLC
Listed by Dreznin Pappas Commercial Real Estate LLC

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Loan Amount
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$136,000.00
$11,333.33/mo

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Additional Information

Name
Sean Dreznin
License
FL SL3233805
Brokerage Phone
941-961-8199
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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