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8-Unit Apartment Building with Pool
New
For Sale
$5,900,000

102 39th St Unit 2, Holmes Beach, FL 34217

Condominiumized units are permitted for daily rentals.

Property Size4,944 SF
Price / SF$1,193
Days on Market2

Property Features for 102 39th St Unit 2

General Information

Standard status Active
Size 4,944 SF
Property subtype Multi-Family

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Public Transit Yes

Amenities

heated outdoor pool
barbecue facilities
umbrella-covered patio areas

Building Details

Year Built 1950
Listing Agency: STARZ REAL ESTATE, LLC
Listed By: Robert Louloudes · License #3292289
Source: Whitesandsfl
Added: Sep 22 Last Checked: Sep 22 at 1:35PM

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

Investment Insights

Based on property information with market context.

Alamanda Villas is an 8-unit apartment property totaling 4,944 square feet. Built in 1950, the property includes eight one-bedroom, one-bathroom units, each with a kitchen equipped with a microwave, refrigerator, coffee maker, oven, and stovetop. Shared improvements include a heated outdoor pool, barbecue facilities, and umbrella-covered patio areas with water views.

The property is located at 102 39th St Unit 2 in Holmes Beach, less than a five-minute walk from a trolley stop. Shops, restaurants, and entertainment are in the immediate area, while the Gulf of Mexico is described as just steps away. Daily rentals are permitted. Each unit has already been condominiumized, and the purchaser would become the sole owner and member of the condominium association.

Key Highlights

  • 8‑unit apartment property totaling 4,944 square feet
  • Eight 1‑bedroom/1‑bathroom units with equipped kitchens
  • Heated outdoor pool, barbecue facilities, and covered patio areas

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Law Firm Hair Salon Auto Parts Store Dental Office 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

8
Residential units

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Condominiumized units are permitted for daily rentals.
Where is this apartment building located?
The property is located at 102 39th St Unit 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: 8‑unit apartment property totaling 4,944 square feet; Eight 1‑bedroom/1‑bathroom units with equipped kitchens; Heated outdoor pool, barbecue facilities, and covered patio areas
More about this property
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