Photo 1 of 1
$439,000
Sold on 8/04/25
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
4 |
0.00 |
1,952 |
$6,416.93 |
1910 |
On the market:
17 days
|
View full details, 15 photos, school info, and price history
This fully leased, two-story, five-unit multifamily property is a rare investment opportunity located just one block from Safe Harbor Marina and within 1 mile distance to Palmetto’s charming historic district. Surrounded by waterfront parks, local shops, and popular restaurants, the property is ideally situated to attract long-term tenants and capitalize on the area's continued growth.
Each of the five residential units is currently occupied, with all tenants on month-to-month leases, providing consistent income with the flexibility for future rent adjustments or repositioning. The building includes shared laundry facilities for tenant convenience, as well as open parking and a welcoming front porch that enhances the property's curb appeal and communal atmosphere.
With a strong rental history and a location that blends coastal living with everyday convenience, this property is perfect for investors seeking steady cash flow and long-term upside. Whether you're expanding your portfolio or entering the multifamily market, this is a turnkey asset in one of Palmetto’s most desirable and walkable neighborhoods.
Financials are available upon request. This is a prime opportunity to own income-generating real estate just steps from the waterfront.
Listing courtesy of Tina Timmons, ROSEBAY INTERNATIONAL REALTY, INC