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44-Unit Apartment Property
New
For Sale
$6,600,000

726 FLORIDA Street, Sturgeon Bay, WI 54235

MULTI_FAMILY - STURGEON BAY, WI

Property Size9,900 SF
Lot Size3.02 Acres
Price / SF$666.67
Days on Market2

Property Features for 726 FLORIDA Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family(4Units)
Parking 46
Elementary school district Sturgeon Bay
Middle school district Sturgeon Bay
High school district Sturgeon Bay
Directions Michigan St, left on 4th Ave, right on Jefferson St, left on 8th Ave, left on Florida St
Standard status Active
APN 281230527260006
Size 9,900 SF
Lot size 3.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 61327

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2019
Number of units 44
Building materials Vinyl Siding
Listing Agency: Resource One Realty, LLC
Listed By: Bobbie R. Hendricks
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 7:06PM
MLS# 50330786

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises 44 units across five buildings completed in 2019. Unit layouts include three-bedroom, one-and-a-half-bath end units and two-bedroom, one-bath interior units. The property includes 46 detached garage stalls, vinyl siding, public water, and public sewer. Each building has its own water softener, while heating and cooling are provided by one-unit boilers and water heaters. One building at 765 Florida St has a sprinkler system.

The 3.02-acre property consists of two parcels with addresses at 726 Florida St and 765 Erie Street, along with improvements at 731 Erie St, 753 Erie St, and 748 Florida St in Sturgeon Bay, Wisconsin. Lease terms begin with a one-year period before transitioning to month-to-month occupancy. Tenants pay gas and electricity, while the landlord pays water and sewer.

Key Highlights

  • 44 units across 5 buildings
  • 46 detached garage stalls
  • 3.02‑acre multifamily property in Sturgeon Bay, WI

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Barber Shop Electrical Service Catering Service 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

44
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 54235, WI

17,829
Population
11,835
Households
1.5
Avg Household Size
51
Median Age
32%
College-Educated
96%
High-School Grad
190.3 sq mi
ZIP Area
94
Density / Sq Mi
$68,141
Median Household Income
$44,238
Median Earnings
$998
Median Rent
$267,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-building multifamily asset with detached garage parking, public utilities, and a 2019 construction date.
Where is this apartment building located?
The property is located at 726 FLORIDA Street Sturgeon Bay, WI.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: 44 units across 5 buildings; 46 detached garage stalls; 3.02‑acre multifamily property in Sturgeon Bay, WI
More about this property
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