$2,350,000
$2,600,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
0.7 Acres Lot
SOLD DATE : 07/07/2023
Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type Multi Family,Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223036387
Sold Date 07/07/23
HOA Y/N No
Year Built 1974
Annual Tax Amount $28,907
Tax Year 2022
Lot Size 0.703 Acres
Acres 0.7032
Property Sub-Type Multi Family,Retail
Source Florida Gulf Coast
Property Description
Now known as RE/MAX Center of the Islands (formerly Palm Ridge Plaza). A new owner can easily change the name of the center. The center contains approximately 6,000 S.F. of ground level commercial floor area that is currently configured as 3 spaces: Units C1 & C2 each contain 750 SF +- (total 1,500+-) ; C3 = 1,300 SF+-; C4 = 1,700 SF+-; C5 & C6 each contain 750 SF+- (total 1,500+-). There are 6 – 1 bedroom, 1 bath residential units on the upper levels of the 2 story portions at each corner of the center. Each of the apartments contain 500+- S.F. of living area totaling 3,000 S.F. The total approximate floor area of the mixed use center is 9,000 S.F. (See the property appraiser's records indicating a total of approximately 8,991 S.F.). Features: new blue metal roof on 2 story areas in 2018; new flat roof in 4/23; Apt.R1 conveys furnished; all apts. convey w/appliances; build-back registration on file w/Sanibel city. Attachements mentioned here and indepth information available through your Realtor. Easily viewed with appointment.
Location
State FL
County Lee
Zoning TCG
Interior
Cooling true
Fireplace No
Exterior
Utilities Available Electricity Connected, Water Connected
Waterfront Description Lagoon,Mangrove
Total Parking Spaces 50
Garage No
Building
Story 2
Level or Stories 2
New Construction No
Others
Senior Community No
Tax ID 26-46-22-T2-0030E.0130
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