CURRENT LISTINGS
JEFFERSON GARDENS
Address: 121 North Jefferson Avenue, Clearwater, FL 33781
Total Number of Units: 42
List Price: $7,140,000
Tara Gardens: $3,740,000
Jefferson Apartments: $3,400,000
Investment Highlights
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Two-Property Portfolio
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Both Assets Constructed of Concrete Block
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Ability to Raise the Net Operating Income by Approximately $100,000
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Assets are Commanding Strong Utility Bill Backs with Further Room for Increase by Implementing on the Remaining Units
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Centrally Located Assets Surrounded by Strong Local
Clearwater Demand Drivers -
Close Proximity to Clearwater Beach a Previously Named #1 Nationally Renowned Beach by TripAdvisor
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Capitalize on an Extremely High Occupancy Submarket
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Centrally Located with a Short Commute to the Nationally Ranked Beaches, Employment Centers and Various Medical Centers in Pinellas County
Uptown Suites
Address: 1503 9th Street North, St. Petersburg, FL 33704
Total Number of Units: 35
List Price Hotel: $4,375,000
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List Price Adjacent Land: $300,000
Investment Highlights
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Highly Desirable Location in the Heart of Growing Downtown St. Petersburg
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Close Proximity (0.6 Miles) to Dining, Retail and Local Nightlife
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Concrete Block Construction Recently Renovated in 2022
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New Exterior Paint, Life Proof Vinyl Plank Wood Flooring Throughout and New Furnishings (All Units are Fully Furnished)
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Property Boasts Short Term Business License which Provides Owner
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Flexibility in Renting Apartments, Airbnb or as a Boutique Hotel
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Roof Permitting in 2019
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Over $200,000 of Capital Improvements since 2021
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Within 20 Minutes to St. Pete Beach Ranked #1 Beach in 2020 by TripAdvisor
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Located in the Most Densely Populated County in Florida
Brandychase Condominiums
Address: 4325 Aegean Drive, Tampa, FL 33611
Total Number of Units: 27
List Price: $4,900,000
Investment Highlights
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Constructed in 1981 of Concrete Block in South Tampa
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On-Site Amenity Package Superior to Immediate Competitive Properties
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Assumable Owner Financing Available - pg. 24 of OM
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Buyer May Also Place New Debt
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CAPITAL IMPROVEMENTS 2018 - 2021
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New Roofs on All Three Buildings
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Parking Lots Repaved and Restriped
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New Exterior Building and Shutter Paint
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Gutters Added
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New Washer/Dryers in Common Area Laundry Facilities (One in Each Building)
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New Landscape Package
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Diagonal Apartments
Address: 8334 Diagonal Road North, St. Petersburg, FL 33702
Total Number of Units: 4
List Price: $1,200,000
Investment Highlights
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Prime Location near Gandy Boulevard in St. Petersburg with easy commute to the Gateway Business District, Downtown St. Petersburg and within fifteen minutes of Tampa
- Currently Rented through Airbnb with Seasonal Rents around $158 per night in March
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Each Unit is Fully Furnished and have a Full Size Washer/Dryer
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All of the Air-Conditioning Units were Replaced in 2016
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All Units are Individually Metered for Water & Electricity
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Roof was Seal Coated within the Past Three Years
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In the Immediate Vicinity of 60,000+ jobs in the Gateway Business District