3317 Florida Avenue

  • 9492

$1,950,000North Charleston, SC

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Price History

$1,750,000 -> $1,750,000 on 10/05/2021

3317 Florida Avenue

20 unit apartment complex in hot area in the path of progress between Park Circle and Downtown. 21st unit is a coin-fed laundry rm with full bath as storage/security room. Complex has video security, six-foot perimeter fence, surface parking and central HVACs. Unit mix is 18 - 1 bd 1 ba and 2 - 2 bd 1 ba. Owner pays water and most power. New roof in 2019 and multiple new HVACs. Current rent roll is $16,570. Some legacy tenants, opportunity to boost rents. Opp Zone. Find 2019-20 P&Ls, current rent roll and 2021 YTD and T-12 attached; financing quote, and underwriting by John Brady of CBRE attached.City of N Charleston took over Reynolds Ave, added parking; has plans to streetscape Reynolds similar to the efforts undertaken that transformed Montague/Pk Cir.Owner is agent

Essential Information

  • MLS® #21012698
  • Price$1,950,000
  • Square Footage9,492
  • Acres0.44
  • Year Built1972
  • TypeMulti-Family
  • StatusActive

Community Information




School Information

  • ElementaryChicora
  • MiddleNorman C Toole
  • HighNorth Charleston

Additional Information

Listing Details

  • OfficeHorne Realty, LLC

LISTED BY Horne Realty, LLC