Five-Unit Apartment
For Sale
$449,900
Pending
1733 GRAND BOULEVARD, Holiday, FL 34690
Apartment property with an owner-occupant arrangement and four additional units available for rental use.
Property Size3,701 SF
Days on Market539
Property Features for 1733 GRAND BOULEVARD
General Information
Standard status
Pending
Size
3,701 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$6,993
Building Details
Year Built
1971
Listing Agency:
RENTICR REALTY
Listed By:
Joseph Ionata · License #3100692
(727) 251-9013
Source:
Exitrealty
Added: Apr 26, 2025
Changed: Sep 30
Last Checked: Sep 30 at 9:17AM
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 RENTICR REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,701-square-foot apartment building contains five units and was constructed in 1971. The current setup supports living in one unit while leasing the other four, providing a clearly defined owner-occupant configuration.
The property is located at 1733 Grand Boulevard in Holiday, Florida. Long-term tenants have indicated they are willing to remain, offering continuity for the four units intended for rental use.
The property is located at 1733 Grand Boulevard in Holiday, Florida. Long-term tenants have indicated they are willing to remain, offering continuity for the four units intended for rental use.
Key Highlights
- Five‑unit apartment building
- 3,701 square feet of property size
- Built in 1971
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,038
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,760
$680.8K
Cap Rate 7%
$486,257
$486.3K
Cap Rate 9%
$378,200
$378.2K
Market Conditions
NOI Build-Up for 3,701 SF
Gross rent
$66.6K $18.00/SF
− Vacancy
−$4.7K −$1.28/SF
EGI
$61.9K $16.72/SF
− OpEx
−$27.8K −$7.52/SF
NOI
$34.0K $9.20/SF
Area
Pasco County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,760
Cap Rate 7%
$486,257
Cap Rate 9%
$378,200
Alternative Uses
Best Use
Apartment 5plus
$486.3K
$425.5K – $567.3K
NOI $34,038 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$843.1K
$737.7K – $983.6K
NOI $59,015 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 34690, FL
14,115
Population
7,182
Households
2
Avg Household Size
45
Median Age
12%
College-Educated
89%
High-School Grad
3.4 sq mi
ZIP Area
4,151
Density / Sq Mi
$46,167
Median Household Income
$33,824
Median Earnings
$1,225
Median Rent
$152,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with an owner-occupant arrangement and four additional units available for rental use.
Where is this apartment building located?
The property is located at 1733 GRAND BOULEVARD Holiday, FL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Five‑unit apartment building; 3,701 square feet of property size; Built in 1971
