8-unit Apartment Complex in Venice, FL * For Sale *

424 Armada Rd S, Venice, Fl 34285

Island of Venice investment opportunity. Just 3 blocks from Venice Beach and 2 blocks from historic downtown Venice with it’s shops and restaurants. Close to everywhere. Parks near by. This two story building consist 8 units and has Great rental history with a Huge potential. Long term tenants in place. No vacancy whatsoever. Current rents are way way bellow market value. This is Great Income property !! And Can be even better with some upgrades….

Property consists of (8) One Bedroom/One Bathroom units

Interior Data:

A/C: Wall Units/Window
Heat/Fuel: Fuel – Electric
SqFt Source: Public Records
SqFt Heated: 5,508
Utilities Data: County Water, Public Sewer

Exclusively listed with Bright Realty

NOI – Approx $41,000

Asking Price $760,000

Offering Cap Rate @ 5.4%  – Opportunity to present offers!!

For additional information or questions, contact Sean at srqcre@gmail.com

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