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Property profile

121 Granada Blvd North Port, FL 34287

FOR SALE
Apartment buildings
Property ID
US18-9440701
2,654 SF 0.17 ac lot Built 1978
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121 Granada Blvd, North Port, FL 34287 For Sale
$425,000 2,654 SF
121 Granada Blvd, North Port, FL 34287
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Property summary

AI-generated overview

This 2-unit apartment building, located at 121 Granada Blvd, North Port, FL 34287, presents a compelling investment opportunity. Built in 1978, this single-story structure boasts a total of 2,654 square feet, with 2,304 square feet of net rentable space. Each unit features 2 bedrooms, 1 bathroom, a kitchen, family room, and living room, complete with its own washer and dryer. Tenants are responsible for their own electricity, and individual meters are in place. Recent upgrades include new A/C units (installed within the last two years) and a house electric meter. The property sits on a 0.17-acre lot (APN: 0791010017) and is zoned RMF1. The asking price is $390,000, translating to $169 per square foot. Its prime location offers easy access to Warm Mineral Springs, pristine Gulf beaches, marinas, golf courses, and a vibrant downtown area with shopping, dining, and entertainment. Nearby nature parks and preserves, such as Charlotte Harbor Preserve State Park and Myakka River State Park, provide additional recreational opportunities. The property is not located in a flood zone and is free from HOA or CDD fees. This property offers a strong return on investment with its convenient location and recent upgrades.

Property profile

Verified
Property type Apartment buildings
Year built 1978
Total area 2,654 SF
Lot 0.17 ac (7,405 SF)
UPID US18-9440701

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Granada Blvd North Port, FL 34287
North Port metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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