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    Midtown Mobile Investment Opportunity Title is generated by Realmo AI

    16-22 S Florida Street, Mobile, AL 36606

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    For Sale
    $1,270,000

    Fully furnished 8-unit apartment complex with short-term rental history.

    Type:Multi Family
    Added:
    Apr 3, 2026
    Days on Market:
    61
    Last Refresh:
    Apr 7 at 10:57 pm

    Property Features for 16-22 S Florida Street

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

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    Listing Contact
    Breanna Veth

    Listing agent Breanna Veth

    Listing office Wellhouse Real Estate LLC - Mobile

    Listing date Apr 3, 2026

    Source Exitrealty

    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 Wellhouse Real Estate LLC - Mobile

    HighLights

    • Strong short‑term rental history in Midtown Mobile.
    • Turn‑key investment: fully furnished units, appliances included, direct booking website, and service contacts provided.
    • Eligible for traditional 30‑year financing (not commercial).
    • Recent updates: roof replaced in 2022, three newer water heaters, new exterior staircase, and cosmetic interior updates.
    • Includes four parcels of land with space for potential future development or expansion.
    • Well‑equipped laundry center with commercial washers/dryers and storage.

    Overview

    This 8-unit apartment complex in Midtown Mobile presents an investment opportunity, featuring a short-term rental history and fully furnished accommodations. The property comprises seven 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. A laundry center is equipped with two commercial washers and two commercial dryers, along with storage space for linens and supplies. All appliances and furnishings are included. The sale includes a direct booking website and contacts for laundry, maintenance, landscape, and cleaning services. The listing includes four parcels to be sold as a package deal, located at 16, 18, 20, and 22 South Florida Street. There is space behind each building for potential future development or expansion. The property is eligible for traditional 30-year financing. Recent updates include a roof replacement in 2022, replacement of three water heaters in the last two years, a new exterior staircase, and cosmetic interior updates.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0999378
    Latitude
    30.6885266

    FAQs

    What type of property is this?
    Apartment building - Fully furnished 8-unit apartment complex with short-term rental history.
    Where is this apartment building located?
    The property is located at 16-22 S Florida Street Mobile, AL.
    What is the asking price?
    The asking price for this property is $1,270,000.
    What are key features of this property?
    This property features: Strong short‑term rental history in Midtown Mobile.; Turn‑key investment: fully furnished units, appliances included, direct booking website, and service contacts provided.; Eligible for traditional 30‑year financing (not commercial).
    More about this property
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