10822 Navajo Dr

SAINT PETERSBURG, FL 33708

About this property

The Alcove at Madeira beach represents a rare investment opportunity in one of the most desired real estate markets in the country. The property consists of 18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units via current zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth. Unit mix consists of five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit. *Unit walkthrough videos & tours available upon request * Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.

About this property

The Alcove at Madeira beach represents a rare investment opportunity in one of the most desired real estate markets in the country. The property consists of 18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units via current zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth. Unit mix consists of five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit. *Unit walkthrough videos & tours available upon request * Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.

Features and Additional Information

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$3,950,000 Active
12,275 SQFT

Presented By Open Key Management

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Get in touch today! Phone: 1-407-391-5969
Brokerage
SEACREST ADVISORS LLC
1-407-312-9349
Listed By Craig Brown
Brokerage: SEACREST ADVISORS LLC

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It's free and no obligation

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