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3004 Minnesota Ave Lynn Haven, FL 32444

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Four individually deeded storage units with lease-back agreement for sale.

Property Features for 3004 Minnesota Ave

General Information

Standard status
Active

Building Details

Year built
2006

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Listing Contact
Urbis Real Estate
Urbis Real Estate
Source: Crexi

Listing Agent: Urbis Real Estate

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Lynn Haven Condo Storage Units

This is an opportunity to acquire a 4-unit condo storage portfolio in Lynn Haven, Florida. These individually deeded storage units are located within a professionally operated self-storage facility. Each unit is subject to a lease-back agreement with the operator, creating passive income with zero landlord responsibilities. The operator manages leasing, maintenance, insurance, property taxes, and assumes vacancy risk, making this a fully passive investment. The total price for the portfolio is $107,085, with a total annual net income of $7,495.95, representing a 7% net return. Payments are made quarterly. Ownership is fee simple, with individually deeded units. The portfolio includes: Unit 28, a 200 SF unit priced at $38,940 with an annual income of $2,725.80; Unit 37, a 100 SF unit priced at $19,470 with an annual income of $1,362.90; Unit 142, a 150 SF unit priced at $29,205 with an annual income of $2,044.35; and Unit 199, a 100 SF unit priced at $19,470 with an annual income of $1,362.90. Condo storage units serve private individuals and businesses that require secure, dedicated storage space for personal belongings, inventory, equipment, or records. This structure allows investors to receive passive income without handling tenants, maintenance, property taxes, or operational expenses. The self-storage industry has been part of the U.S. real estate market for more than 50 years and is widely recognized as one of the most resilient asset classes. Seller prefers portfolio sale, however, units may be sold individually.
Location Intelligence

Current Use by Public Records

Minnesota Mosley Self ... Storage Facility Emerald Coast Answer ... Telecommunications Service Best American Storage Storage Facility

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Lynn Haven
County
Bay
State
Florida
Longitude
-85.645881
Latitude
30.212146

FAQs

What type of property is this?
Self storage facility - Four individually deeded storage units with lease-back agreement for sale.
Where is this self storage facility located?
The property is located at 3004 Minnesota Ave Lynn Haven, FL.
What are key features of this property?
This property features: - 7% Net Return on Investment; - Fully Passive Income with Zero Landlord Responsibilities; - Individually Deeded Units (Fee Simple Ownership)
More about this property
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