Tampa Florida Condo Conversion

 

Bring All Offers

 

(495+/- Units out of 1,000 Unit Development)

 

SALE PRICE $47,500-$50,000 PER UNIT

 

Built: 1991 & Converted in 2006

Sellout Pricing (512 units): $101,845,750   ($198,918/unit)  (ORIGINAL OFFERING)

 

Total Sq. Ft. 463,602 sq. ft   ($219.68/sq. ft.)

 

Annual Rent: $5,612,340  ($1.01 per sq. ft.) - 90%+/- occupied

 

Annual HOA: $1,030,596   (512 units)

 

RE Taxes: $918,818