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44-Unit Apartment Property
New
For Sale
$6,600,000

726 FLORIDA Street, Sturgeon Bay, WI 54235

MULTI_FAMILY - STURGEON BAY, WI

Property Size9,900 SF
Lot Size3.02 Acres
Price / SF$666.67
Days on Market4

Property Features for 726 FLORIDA Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family(4Units)
Parking 46
Elementary school district Sturgeon Bay
Middle school district Sturgeon Bay
High school district Sturgeon Bay
Directions Michigan St, left on 4th Ave, right on Jefferson St, left on 8th Ave, left on Florida St
Standard status Active
APN 281230527260006
Size 9,900 SF
Lot size 3.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 61327

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2019
Number of units 44
Building materials Vinyl Siding
Listing Agency: Resource One Realty, LLC
Listed By: Bobbie R. Hendricks
Added: Aug 10 Changed: Aug 12 Last Checked: Aug 13 at 5:06AM
MLS# 50330786

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 44-unit apartment property comprises five buildings completed in 2019, with each building containing 8 to 10 units. End units offer three bedrooms and 1.5 baths, while middle units provide two bedrooms and one bath. The property spans 3.02 acres across two parcels and includes 46 detached garage stalls. Vinyl siding, individual building water softeners, and one-unit boilers and water heaters are among the physical improvements. One building, located at 765 Florida St, has a sprinkler system.

Residents pay gas and electric charges, while ownership covers water and sewer. Leases run for one year before converting to month-to-month terms. Public water and public sewer serve the property. The five included addresses are 726 Florida St, 765 Erie Street, 731 Erie St, 753 Erie St, and 748 Florida St in Sturgeon Bay, Wisconsin. The property is zoned Multi-Family(4Units).

Key Highlights

  • 44 units across 5 apartment buildings
  • 3.02‑acre property with 46 detached garage stalls
  • End units feature 3 bedrooms and 1.5 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Barber Shop Electrical Service Catering Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 54235, WI

17,829
Population
11,835
Households
1.5
Avg Household Size
51
Median Age
32%
College-Educated
96%
High-School Grad
190.3 sq mi
ZIP Area
94
Density / Sq Mi
$68,141
Median Household Income
$44,238
Median Earnings
$998
Median Rent
$267,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-building multifamily property with detached garages, mixed unit layouts, and public water and sewer service.
Where is this apartment building located?
The property is located at 726 FLORIDA Street Sturgeon Bay, WI.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: 44 units across 5 apartment buildings; 3.02‑acre property with 46 detached garage stalls; End units feature 3 bedrooms and 1.5 baths
More about this property
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