CURRENT LISTINGS

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JEFFERSON GARDENS 

Address: 121 North Jefferson Avenue, Clearwater, FL 33781

Total Number of Units: 42

List Price: $7,000,000

Tara Gardens: $3,666,000

Jefferson Apartments: $3,334,000

Investment Highlights

  • Two-Property Portfolio

  • Both Assets Constructed of Concrete Block

  • Ability to Raise the Net Operating Income by Approximately $100,000

  • Assets are Commanding Strong Utility Bill Backs with Further Room for Increase by Implementing on the Remaining Units

  • Centrally Located Assets Surrounded by Strong Local
    Clearwater Demand Drivers

  • Close Proximity to Clearwater Beach a Previously Named #1 Nationally Renowned Beach by TripAdvisor

  • Capitalize on an Extremely High Occupancy Submarket

  • Centrally Located with a Short Commute to the Nationally Ranked Beaches, Employment Centers and Various Medical Centers in Pinellas County

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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

  • 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
  • Each Unit is Fully Furnished and have a Full Size Washer/Dryer

  • All of the Air-Conditioning Units were Replaced in 2016

  • ​All Units are Individually Metered for Water & Electricity

  • Roof was Seal Coated within the Past Three Years

  • ​In the Immediate Vicinity of 60,000+ jobs in the Gateway Business District

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Brandychase Condominiums

Address: 4325 Aegean Drive, Tampa, FL 33611

Total Number of Units: 27

List Price: $4,900,000

Investment Highlights

  • Constructed in 1981 of Concrete Block in South Tampa

  • On-Site Amenity Package Superior to Immediate Competitive Properties

  • Assumable Owner Financing Available - pg. 24 of OM

  • Buyer May Also Place New Debt

  • CAPITAL IMPROVEMENTS 2018 - 2021

    • New Roofs on All Three Buildings

    • Parking Lots Repaved and Restriped

    • New Exterior Building and Shutter Paint

    • Gutters Added

    • New Washer/Dryers in Common Area Laundry Facilities (One in Each Building)

    • New Landscape Package