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225 Rotonda Boulevard, Rotonda, FL 33947

Multi-Family Home For Sale

225 Rotonda Boulevard, Rotonda, FL 33947 House For Sale - MLS #C7233570
Off the Market
$975,000
Multi-Family
5+ Family
6
This listing is courtesy of Shannon Gadbois from Thomas Ryan Real Estate Manage

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Property Description for 225 Rotonda Boulevard, Rotonda, FL 33947

6 unit apartment complex for sale in convenient Rotonda West location. Near Gulf beaches, several golf courses and plenty of restaurants and shopping. Fully leased 5.4% return with possible increases to 7.65%+ return. Future upside is to sell each unit as a condominium unit (complex is known as Paddington Path Condominiums). The property consists of 2 tri-plex buildings with a courtyard and pool between the buildings. Each unit is approx. 1183 sq.ft. and has 2 bedroom, 2 bath, 1 car garage, indoor laundry, tile floors, granite counters, raised panel cabinets, impact windows, and nice finishes. Each unit also has a screened lanai with views of the courtyard or heated pool. Well landscaped, plenty of guest parking, excellent condition and has been meticulously maintained by the original developer since completed. Irrigation is fed from a well for low common area water bills. Great opportunity for an investor or an owner occupant managing their own rental business.

Interior Details

Dishwasher; Range; Refrigerator
Walk In Closet

Exterior Details

0.37 acres
16,000 sq. ft.
1 Car Garage; Attached

Other Details

C7233570
2007
Community; Heated Pool; In Ground
Deed Restrictions
Yes
County Water; Public Sewer
Rotonda West Oakland Hills
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