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Property profile & analytics
OFF-MARKET
Small apartment buildings

1800 Kofresi Ct Ruskin, FL 33570

Built 1986
Property ID
US18-4746013
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully renovated 16-unit apartment building situated on a 2-acre waterfront lot in Ruskin, Florida. Built in 1986, the property boasts a substantial 51,204.78 square foot lot at 1800 Kofresi Court, 33570, offering significant potential. The complex includes a mix of studio, one, two, and three-bedroom units, catering to a diverse range of tenants. Its location at the mouth of the Little Manatee River within the Tampa Bay area provides a highly desirable setting. The property is zoned for planned development, opening doors for potential redevelopment and expansion opportunities within this rapidly growing region. The asking price is $3,999,000. This package may include two neighboring properties (102 NW 19th St. NW and 108 NW 19th St. NW), expanding the investment potential even further. The property's current configuration includes a clubhouse and boat docks, adding to its appeal and potential rental income. This presents a rare chance to acquire a well-maintained, income-generating multifamily property with significant upside in a prime location.

Property profile
Verified
Property type Small apartment buildings
Year built 1986
UPID US18-4746013
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pirates Pointe Resort Hotel & Motel Resort
  • Palmetto Pirates Pointe LLC Property Management Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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