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Island Paradise Multifamily Investment Property
For Sale
$5,900,000

102 39TH STREET 2, Holmes Beach, FL 34217

Turnkey 8-unit property near Gulf of Mexico with daily rentals.

Property Size4,944 SF
Price / SF$1,193
Days on Market953

Property Features for 102 39TH STREET 2

General Information

Standard status Active
Size 4,944 SF
Property subtype other

Taxes and HOA fees

Annual Taxes $40,000

Building Details

Year Built 1950
Listing Agency: STARZ REAL ESTATE, LLC
Listed By: Robert Louloudes · License #3292289
Source: Exitrealty
Added: Mar 19, 2024 Changed: Oct 26 Last Checked: Oct 20 at 5:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STARZ REAL ESTATE, LLC

Rey
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Investment Insights

Based on property information with market context.

This 8-unit property, Alamanda Villas, is located steps from the Gulf of Mexico. It features a heated outdoor pool, barbecue facilities, and umbrella-covered patio areas with water views. Each unit includes one bedroom and one bathroom, along with a fully stocked kitchen equipped with a microwave, refrigerator, coffee maker, oven, and stove top. The property is located near shops, restaurants, and entertainment options. A trolley stop is within a five-minute walk, providing access to Anna Maria Island. Daily rentals are permitted. Each unit is condominiumized, allowing the buyer to become the sole owner and member of the condominium association. This property is an investment opportunity.

Key Highlights

  • Steps from the Gulf of Mexico with water views.
  • Turnkey property with daily rentals permitted.
  • Each unit is already condominiumized, allowing sole ownership.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 34217, FL

3,825
Population
5,940
Households
0.6
Avg Household Size
65
Median Age
61%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
1,821
Density / Sq Mi
$90,278
Median Household Income
$44,044
Median Earnings
$1,657
Median Rent
$636,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 8-unit property near Gulf of Mexico with daily rentals.
Where is this apartment building located?
The property is located at 102 39TH STREET 2 Holmes Beach, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Steps from the Gulf of Mexico with water views.; Turnkey property with daily rentals permitted.; Each unit is already condominiumized, allowing sole ownership.
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