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Apartment Building with Individual Entrances
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282 Washington Ave, Valparaiso, FL 32580

Two-story apartment property with secure mailboxes, on-site parking, and separately entered units.

Property SizeContact for details
Days on Market143

Property Features for 282 Washington Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 12 x 350 SF 1BR/1BA, 2 x 600 SF 2BR/1BA, 4 x 450 SF 1BR/1BA
Multifamily Units 18

Additional Details

Average Monthly Rent $1,103

Amenities

individual entrances
on-site secure mailboxes
ample parking

Building Details

Year Renovated 2020
Stories 2
Listing Agency: Hull Multifamily Advisors
Listed By: Nick Hull · License #FL: BK3581015
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:14AM

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 Hull Multifamily Advisors

Investment Insights

Based on property information with market context.

The Washington Avenue Apartments comprise an 18-unit, two-story apartment property at 282 Washington Ave in Valparaiso, Florida. The unit mix includes twelve 350-square-foot one-bedroom, one-bath units; two 600-square-foot two-bedroom, one-bath units; and four 450-square-foot one-bedroom, one-bath units. The property underwent a gut renovation in 2020.

Each unit has an individual entrance, and the property provides secure on-site mailboxes and parking. Ownership currently pays water and electric for the one-bedroom units, while residents of the two-bedroom units are responsible for those utilities. Occupancy is near 100%.

Key Highlights

  • 18‑unit, two‑story apartment property at 282 Washington Ave, Valparaiso, FL 32580
  • Gut renovated in 2020
  • Unit mix includes 12 one‑bedroom units, 2 two‑bedroom units, and 4 additional one‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

18
Residential units

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 32580, FL

4,120
Population
1,936
Households
2.1
Avg Household Size
41
Median Age
38%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
528
Density / Sq Mi
$85,385
Median Household Income
$50,546
Median Earnings
$1,268
Median Rent
$348,600
Median Home Value

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 - Two-story apartment property with secure mailboxes, on-site parking, and separately entered units.
Where is this apartment building located?
The property is located at 282 Washington Ave Valparaiso, FL.
What are key features of this property?
This property features: 18‑unit, two‑story apartment property at 282 Washington Ave, Valparaiso, FL 32580; Gut renovated in 2020; Unit mix includes 12 one‑bedroom units, 2 two‑bedroom units, and 4 additional one‑bedroom units
More about this property
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