Villa Vacilia
Closed9250 Blind Pass Rd, Saint Petersburg Beach, FL 33706
Property type
Multifamily
Unit / Space count
9
Price
$990,000
Building size
14,716 sf
Rentable area
14,716 SF
Year built
1974
Year renovated
Occupancy
Zoning code
Lot size
0.41 Acres
Sold/status
Sold · Date unknown
Sale price
$990000
Bedroom count
Property description
Villa Vacilia Apartments is a multifamily investment opportunity located in St. Petersburg Beach, Florida. The property consists of one, two-story building located on .41 acres of land. The building was constructed of concrete block and features a unique carport feature on the first floor of the building. The unit mix consists of 6 1Bdr/1Bath apartments at 640 square feet, 2-2Bdr/1Bath apartments at 950 square feet, and 1- 2Bdr/1Bath unit at 1024 square feet. Residents of Villa Vacilia enjoy centralized heating and air as well as rentable storage units outside of their unit. The roof over the property was recently replaced in 2014, and rents are significantly below market for the surrounding area. There is an ability to upgrade interior units and increase rents. The property enjoys significant additional income through renting storage space and carports which have little to no maintenance expense.
Property highlights
- Roof Was Replaced In 2014, Property Has Been Freshly Painted and Select Units Have Been Upgraded
- 5 Brand New Central Air Conditioning Units Installed in 2014
- Exterior Walls Of Property Recently Repainted
- Brand New Parking Lot Resurfacing
- Located Across The Street From Ron McKenney Park, A Public Park Which Features A Picnic Pavilion, BBQ Grills, Fishing Pier, And Playground
- Located In The Most Densely Populated County In The State of Florida
- Features Highly Desirable Concrete Block Construction
- Villa Vacilia Is Located Just 4 Miles Away From The World Famous, Don Cesar Hotel; Frequently Named One Of The Best Beach Hotels In The United States
- Approximately A 10 Minute Walk to the Beautiful Beaches of St. Petersburg