Listed by Compass Florida, LLC
$849,995
THE TROPICS AMD
Details
APN 30-31-04-003-4340
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,339
Year Built 1925
Zoning 5100
Parking Spaces 8 spaces
Parking Per SqFt 1.84
Multifamily
Marketing description
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY
Exceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.
Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.
Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.
Strong income potential from day one with room to grow.
Listing Contacts
Listed by Compass Florida, LLC
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Zoning
RU-3B SpecialBungalow Court District
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View all 18 uses
View all 18 uses Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics
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