$3,200,000 ($145.59 per sqft)

Pending

Est. Mortgage $17,464/mo *

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321 Clifton AVENUE, Holly Hill, FL, 32117

321 Clifton AVENUE, Holly Hill, FL, 32117

44 beds

1974

21,980 sqft

Oakwood is roughly 2 miles from the beach and is composed of 18 two bedroom one baths (900+/- SF), 8 one bedroom one baths (720+/- SF), and one 450+/- SF studio. While in place rents for the 1/1s are $1,059 per month, $1,150 has been achieved on recent leases and comps show $1,200 is the next target. The 2/1s are averaging in place $1,205/month, with recent leases at $1,275/month and a newly advertised rent of $1,299/month. The overall in place average rent is $1,156/month with the target market rent at $1,253/month. The flat roof was replaced 2015+/- and the mansard shingle portion was replaced in 2023. As with Sprucewood, almost $5,000/unit has been spent on capx, including shingles, HVAC units, water heaters, appliances, cabinets, countertops, flooring, and converting a storage room to the studio unit. Seller has another offering of 20 units available. See MLS #R4907511


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Other

Units:

27

Subdivision:

FITCH THOMAS GRANT

Heating:

Other

Cooling:

Other

Lot Size:

207 x 194

Acreage:

0.92

Est. Taxes:

$34,304

Construction

Concrete

Utilities

Other

Days on Market:

19

MLS #:

R4907510


Community Info

School Info

Walk Score

Yelp



Listing courtesy of BRG REALTY VENTURES Phone: 352-871-8324