121 Granada Blvd North Port, FL 34287
- Commercial real estate
- 2,654 SF
- 0.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 121 Granada Blvd
- Year built
- 1978
- Lot size
- 0.17 lot acres
- Property size
- 2,654 SF
- Property type
- Commercial real estate
- APN
- 0791010017
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Port
- County
- Sarasota
- State
- Florida
- Longitude
- -82.2551893
- Latitude
- 27.0478022