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Turnkey Apartment Complex Investment
For Sale
$460,000

808 W Main St., Perry, FL 32347

COMMERCIAL - Perry, FL

Property Size3,750 SF
Lot Size0.24 Acres
Price / SF$122.67
Days on Market154

Property Features for 808 W Main St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU
Subdivision Florida
Standard status Active
APN 03147-000
Size 3,750 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LEG 0000.24 ACRES - HENDRY REALTY & ABSTRACT CO AD
Tax Annual Amount 920
Legal Description LEG 0000.24 ACRES - HENDRY REALTY & ABSTRACT CO AD

Building Details

Year built 1948
Listing Agency: Century 21 Avenues Real Estate Partners
Listed By: Jason Stanley · License #3510267
Added: Mar 12 Changed: Aug 4 Last Checked: Aug 12 at 1:06AM
MLS# 152951

Copyright © 2026 South Georgia MLS (Valdosta). 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 turnkey apartment complex features eight rental units across three solid concrete block buildings, designed for durability and low maintenance. The property is 100% occupied with one-year leases, generating $6,025 in total monthly rental income. The unit mix includes seven 1-bedroom/1-bath apartments and one 2-bedroom/1-bath apartment. Each apartment is equipped with a range and refrigerator, and tenants benefit from efficient climate control with two-year-old mini-split A/C systems installed in each room. Significant improvements have been completed, including a new roof, new floor tile, fresh interior paint throughout, and a new water heater. Nearly all windows have been replaced, enhancing both energy efficiency and appearance. The property is located near Doctors Memorial Hospital and the local shopping district, benefiting from strong rental demand and convenient access to employment, healthcare, and retail. The property size is 3750 square feet and the lot size is 0.24 acres. This property presents a strong, low-maintenance investment opportunity for both new and experienced investors. It is located in Perry, FL. The property may be inspected after commencement of due diligence period. The property is available for sale individually or may be purchased with a nearby duplex property ($2200 monthly income) and a single-family home ($1100 monthly income) for $700,000. Tenant occupied.

Key Highlights

  • 100% Occupied: Enjoy immediate cash flow with $6,025 monthly rental income.
  • Turnkey Condition: Benefit from a new roof, floor tile, paint, water heater, and windows for low maintenance.
  • Solid Concrete Block Construction: Ensures durability and low maintenance.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant HVAC Service Electrical Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

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

8
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

Demographics for 32347, FL

7,805
Population
3,393
Households
2.3
Avg Household Size
43
Median Age
17%
College-Educated
94%
High-School Grad
137.9 sq mi
ZIP Area
57
Density / Sq Mi
$41,750
Median Household Income
$33,678
Median Earnings
$839
Median Rent
$124,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 8-unit complex with stable income near amenities.
Where is this apartment building located?
The property is located at 808 W Main St. Perry, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 100% Occupied: Enjoy immediate cash flow with $6,025 monthly rental income.; Turnkey Condition: Benefit from a new roof, floor tile, paint, water heater, and windows for low maintenance.; Solid Concrete Block Construction: Ensures durability and low maintenance.
More about this property
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