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Featured Listings

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GOLF AND HOTEL

Pasadena_Yacht_and_country_club

Pasadena Yacht and Country Club
Gulfport, FL
$9,500,000

Listing Agents: Steven Ekovich, Matthew Putnam, Christopher Karamitsos

  • Private 18-Hole Championship Golf
  • 82-Slip Marina with 25 Dockominimum Slips for Sale
  • Additional 20-Slip Marina with 0.78 Acres of Upland
  • Current Membership Totals Over 600 and Generates Approximately $1.75 Million of Annual Dues Revenue
  • Located within an Affluent Gated Community of 720 Homes Valued from $500K – $7M
  • Development Opportunity for Boutique Condo-Hotel or Townhomes
  • T-12 Gross Revenue of more than $3.9 Million and NOI/EBITDA of More than $830K

The Pasadena Yacht and Country Club is a private, invitation-only, golf and yacht club located in the Tampa/St. Petersburg MSA. The club is the focal point of a gated country club and marina community which consists of water-front homes that range in price from $500,000 to $7,000,000. Built in 1924, and designed by Wayne Stiles, the championship golf course has a storied past and has served as host venue for the St. Petersburg Open in the 1950’s and 1960’s.

sun_burst_inn

Sun Burst Inn
Indian Shores, FL
$2,200,000

Listing Agent: Casey Babb, Ari Ravi

  • Stabilized Beachfront Motel Located on the Gulf of Mexico
  • 5 Studios; 6 One-Bedroom/One-Bathroom; 1 Two-Bedroom/Two-Bathroom
  • Great Value-Add Opportunity with a Rent-Ready Townhouse On-Site Currently Occupied by the Owner
  • Located 13 Miles West of the Clearwater/St. Petersburg International Airport and 25 Miles West of Tampa International Airport
  • All Interiors Have Been Updated in the Past 10 Years

Sun Burst Inn is a stabilized beachfront motel located in a Class “A” location along Gulf Boulevard in beautiful Indian Shores, Pinellas County, Florida. This two-story, concrete block building sits on an approximately 0.20 acre site which features 65 feet of direct beach frontage and one per one parking. The building houses six, one-bedroom/one-bathroom units, five studio units and one, two-bedroom/two-bathroom townhouse which have all been updated within the past 10 years. Units are furnished with cable-ready TV’s and feature open air breezeway access, updated flooring, updated full-size or mini-kitchens and bathrooms, large common patios and water views of the Gulf of Mexico.

 

MULTIFAMILY

30 West Apts

30 West Apartments
Bradenton, FL
Request For Offer

Listing Agents: Francesco Carriera, Michael Regan

  • Well-Constructed, Built in 1986
  • Excellent Unit Mix Including One-Bedroom (21 Percent) and Two-Bedroom (79 Percent) Floor Plans
  • Washer/Dryer Connections in All Two-Bedroom Units with Ability to Add Connections in One-Bedroom Units
  • Expansive, Low-Density, Approximately 17.72 Acre Parcel with Well-Maintained Tropical Landscaping and a Scenic Pond
  • $1.45 Million Property Renovation in 2013
  • Just One Mile from Renowned IMG Academy, which Attracts Amateur and Professional Athletes From Around the World to Bradenton, Florida

30 West Apartments presents investors with an excellent opportunity to acquire a well-built and well-improved 1980s vintage asset located in desirable Bradenton, Florida. The property’s exceptional location is driven by proximity to immediate locational highlights including IMG Academies and the State College of Florida as well as renowned tourist attractions including Bradenton Beach and Anna Maria Island. Historically, this fully-stabilized asset has displayed high occupancy as well as strong, consistent cash flows. Furthermore, the property underwent a $1.45 million renovation during 2013 which included significant improvements to the exterior of the property, a complete overhaul of the property-branding as well as the rehabilitation of community amenities.

Ava Kay Townhomes

Ava Kay Townhomes
Panama City, FL
$4,400,000

Listing Agents: Michael Donaldson, Nicholas MeoliBryan Marshburn

  • 2007 Construction
  • 64 out of 68 Individually Parceled Townhome Units
  • All Three-Bedroom Condominiums with 1,294 Rentable Square Feet
  • Priced Well Below Replacement Cost
  • 17 Percent Cash-On-Cash Return Upon Acquisition with a 30 Percent 10-Year Leveraged IRR
  • Significant Upside Through Management Efficiencies and Rental Increases

This is a 64-unit out of 68-unit Class “B” townhome community located in beautiful Panama City, which is within Bay County, Florida. Built in 2007, Ava Kay Townhomes is situated on an attractive approximately 4.54 acre site and is comprised of 17 two-story residential buildings. The property also offers a competitive amenity package which includes, but is not limited to, additional storage, children’s playground, large picnic area with barbecue grills and serene wooded views. The unit interiors also feature washer/dryer connections in all units, fully equipped kitchens with dishwashers and microwaves, ceiling fans, spacious walk-in closets and private patios or balconies. Additionally, residents can also enjoy convenient access to local area schools.

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RETAIL/OFFICE MEDICAL

Heather Square

Heather Square Plaza
Dunedin, FL
$2,249,000

Listing Agents: Moe Derbala

  • 100 Percent Leased (History of High Occupancy)
  • Adjacent to Walmart
  • Two miles from Westfield Countryside Mall
  • Strong Demographics
  • Owner Finance Available
  • Landlord is Only Responsible for Roof, Structure, and Parking

Marcus and Millichap is pleased to offer for sale Heather Square Plaza, a 100 percent leased, 13,500-square foot neighborhood shopping center. The subject is adjacent to Walmart, located on the busy State Road 580 in Dunedin, Florida (Tampa Metropolitan Statistical Area). The center enjoys a history of high occupancy and benefits from over 50,000 vehicles per day and more than 247,000 population within a five mile radius. Retailers in the immediate vicinity are Auto Zone, Sherwin Williams, Lowes, KFC, McDonald’s, Publix, CVS, and Bank of America. Just two miles to the east is the Westfield Countryside Mall.

Oak Park

Oak Park Professional Center
Bradenton, FL
$795,000

Listing Agents: Krone Weidler, L.J. Tsunis

  • Less than One Quarter of a Mile from Blake Medical Center
  • Monument Signage
  • Build-to-Suit Available for up to 6,148 Square Feet
  • Divisible into 2,040, 2,059 & 2,049 Square Foot Suites
  • Concrete Block Exterior Construction
  • Exterior Constructed in 2008

Oak Park Professional Center is a 9,233 rentable square foot medical office building in Bradenton, Florida. One unit with 3,085 rentable square feet is already built out and leased to a medical group, but is not included in this offering. The remaining 6,148 square feet are in shell form with plans for an additional three units which average 2,050 square feet. The shell space has readily available utilities and a dirt floor.

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