Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
N/A
Rare investment opportunity in Old Palm City historic district. This 48-unit multi-family property consisting of 36 one-bedroom and 12 two-bedroom units has been meticulously cared for and updated. With renovations completed from 2021-2023, this property boasts new standing seam metal roofs on all buildings, impact windows and doors throughout, and state-of-the-art water conditioning systems for three of the five buildings. Over 50% of the units have been recently updated with new tile floors and wood cabinets. Within walking distance from the St. Lucie River, Palm City Apartments is close to schools, the Cleveland Clinic, Interstate 95, and the Florida Turnpike. Its apartments have maintained 100% occupancy for the past five years and continue to be in high demand. This turnkey, low-mai
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Lot Size(acres)
3.62
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$7,000,000
-
Tax Amount
11314.0
-
Zoning
RS-4
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Martin
Elementary School
Middle School
High School
Listing Courtesy of Ryan Jackson , The Keyes Company - Jensen Bea
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