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CURRENT LISTINGS

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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

  • 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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Uptown Suites

Address: 1503 9th Street North, St. Petersburg, FL 33704

Total Number of Units: 35

List Price Hotel: $4,375,000

  • List Price Adjacent Land: $300,000

Investment Highlights

  • Highly Desirable Location in the Heart of Growing Downtown St. Petersburg

  • Close Proximity (0.6 Miles) to Dining, Retail and Local Nightlife

  • Concrete Block Construction Recently Renovated in 2022

  • New Exterior Paint, Life Proof Vinyl Plank Wood Flooring Throughout and New Furnishings (All Units are Fully Furnished)

  • Property Boasts Short Term Business License which Provides Owner

  • Flexibility in Renting Apartments, Airbnb or as a Boutique Hotel

  • Roof Permitting in 2019

  • Over $200,000 of Capital Improvements since 2021

  • Within 20 Minutes to St. Pete Beach Ranked #1 Beach in 2020 by TripAdvisor

  • Located in the Most Densely Populated County in Florida

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Brandychase Condominiums

Address: 4325 Aegean Drive, Tampa, FL 33611

Total Number of Units: 25

List Price: $4,300,000

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

CONTACT
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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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