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Saint James City, FL Apartment Buildings for Sale

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Waterfront Apartment Building with Rental Income
$1,750,000
0.44 Acres

Waterfront Apartment Building with Rental Income

3226 Stringfellow Rd, St James City, FL 33956

Stunning 8-unit apartment building with waterfront access and flexible leasing.

  • Prime Waterfront Location: 161 feet of gulf‑access canal frontage with a dock spanning the entire property.
  • Renovated Units: Six of the eight studio apartments have been completely renovated with new flooring, updated kitchens and bathrooms, and modern finishes.
  • Flexible Leasing Options: A mix of annual leases and Airbnb listings provides both stable, long‑term income and substantial short‑term rental income.
  • All units are fully furnished, offering a turnkey solution for investors and enhancing the tenant/guest experience.
  • Expansive Waterfront Deck: A large, furnished deck is ideal for relaxation, entertaining, and enjoying waterfront views and sunsets.
Updated: Aug 25, 2025
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Golden Palms Apartment Complex
$1,890,000
3,186 SF

Golden Palms Apartment Complex

3226 Stringfellow Rd, Saint James City, FL 33956

8-Unit Waterfront Investment, St. James City

  • 8‑unit apartment building in St. James City, Florida, offering a compelling investment opportunity.
  • 0.44‑acre lot with 161 feet of waterfront frontage and private dock, providing direct Gulf access.
  • Two‑story building (1977, renovated 2023) with five fully updated studio apartments and three partially updated units.
  • Mix of annual and short‑term rentals (Airbnb), all units fully furnished.
  • Strong current NOI of $132,283 and pro‑forma NOI of $150,000, resulting in a 7.00% cap rate and a pro‑forma cap rate of 7.94%.
Updated: Dec 11, 2024
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Saint James City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cape Coral 8-Plex Investment Opportunity
$799,900
0.09 Acres

Cape Coral 8-Plex Investment Opportunity

Well-maintained, fully occupied 8-plex near Cape Harbour Marina.

1429 SW 48Th Ter, Cape Coral, FL 33914
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Multifamily Property in Fort Myers
$330,000

Multifamily Property in Fort Myers

Multifamily property for sale in Fort Myers, Florida.

101 Oak Ln, Fort Myers, FL 33908
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Multifamily Building with Vacant Lot
$2,800,000
10,500 SF

Multifamily Building with Vacant Lot

Six-unit building with vacant lot near Cape Coral Pkwy.

415/421 SW 47Th Ter, Cape Coral, FL 33914
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Fort Myers Multifamily Investment
$139,900

Fort Myers Multifamily Investment

Multifamily property for sale in Fort Myers, Florida.

19 Garden Dr, Fort Myers, FL 33908
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Saint James City, FL Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Saint James City, FL on our real estate platform. These investment opportunities span a total of 5,744,728 square feet of properties for sale, with an estimated market value of $33,640,000.

Prices for two-family homes in Saint James City, FL start at $1,750,000, averaging $11,213,333, and reaching up to $30,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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