10 UNIT BEACH FRONT PROPERTY

10 UNIT BEACH FRONT PROPERTY

Smith_logo_1Property #INL230

19738 Gulf Blvd., Indian Shores

Excellent opportunity to purchase a 10 unit rental complex in the highly desirable Indian Shores beach community, directly on the Gulf of Mexico – although an obvious redevelopment opportunity, it is also ideal to convert to vacation rentals until such time as a builder is ready to move forward with construction – lot size is about 240 feet deep, with 90 feet of frontage on the beach as well as on Gulf Blvd – a previous site plan was approved for a five story, nine unit condominium building – currently leased as long term apartment rentals

STRICTLY CONFIDENTIAL AND SHOWN BY APPOINTMENT ONLY, AS TENANTS ARE UNAWARE OF POTENTIAL SALE

Price: $3,199,000

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