$2,950,000
Description
We are proud to bring to market one of Uptown St Petersburg's finest properties - Regency Villa Apartments! Featuring 16 apartments on 3 PARCELS made up of 6 TOTAL LOTS, Regency Villa Apartments has a significant footprint in booming St Pete. Sitting in eminently WALK-ABLE and IN-DEMAND Historic Uptown, the property holds 15 studio apartments and one 1 Bedroom apartment in 3 freshly painted buildings surrounding a beautiful courtyard with pool - a truly peaceful oasis in the city! With many recently renovated, these apartment homes are centrally located just blocks from downtown St Pete and Old Northeast, and just steps to 4th St and gorgeous Crescent Lake, providing an ideal location in a HIGH DEMAND rental area for tenants now and in the future! OFF STREET PARKING for most, ON SITE LAUNDRY for all, and a SHADED & FENCED POOL tying it all together make this property truly unique for the product, the market, and the location, ensuring strong rentability ahead with less income volatility - tenants will choose these apartments over others, leading to fewer, shorter vacancies between tenancies. Recent density allowance trends bode well for the future of these 6 LOTS on just over half an acre in one of the top markets in the country. With easy access to the freeway for a short drive to Tampa or either of our excellent airports, and an even shorter 12 mins to gorgeous St Pete Beach, this property is positioned perfectly for the best of Tampa Bay living - your tenants will thank you!! Video tour available, showings of vacant units allowed when available, and always happy to meet on site for a walkaround so don't hesitate to reach out!
Listed by Adam Yore, .
Property Highlights
- Property Type: Multi Family
- MLS #: U8202017
Room Information
| Total Baths | 16 |
| Total Beds | 1 |
Property Features
| Has View | Yes |
| Interior Square Footage | 5,808 |
| Lot Size Acres | 0.61 |
| Lot Size Square Feet | 26,755 |
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