businesses for sale


Beach Apartment Condos for sal for sale

Location: Hutchinson Island, Florida

Category: Real Estate Businesses for sale

Asking price: $1,450,000.00

Description of the business for sale
Robinson Fendley Business Brokers offer 10 beach condos currently operating as apartment complex. These absolutely gorgeous beach condos could easily be sold individually for a profit play. Stunning is the only way to describe these 2 BR/1BA units with full kitchen, washer/dryer, and private balconies. The location is ideally situated only a block from beautiful Hutchinson Island beaches or minutes away from Pelican Harbor Yacht Club. Although operating as an apartment complex it should be noted the condos are individually deeded and the potential for profits through individual sales is significant over the next few years. Principals only.

Description of the facilities
Ten (10) condos within steps of the beach on Hutchinson Island. These 2 bedroom condos are 100% occupied and have the added feature of continuing to lease as apartment units or selling as individual condos. Each has spacious kitchen and include washer and dryer. Everything about these condos indicates quality construction and immaculate maintenance. The location on Hutchinson Island defines these condos. The old saying "they aren't making any more beach" certainly applies here. This beautiful location is highly desirable and for the long term investor could pay big dividends if sold in years to come.

  • By phone: 561-385-2946
  • Ask for: Mike Fendley

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Business details

Robinson Fendley Business Brokers
Wellington, FL
Broker Co-op? contact us

Listing Id: 85141
Reference Id: MMB0147
Year established: 1981
Employees: 1

Asking Price: $1,450,000.00
Revenue: $156,652.00
Annual Net: $120,969.00
Down Payment: $1,450,000.00

Business Type:
Non Relocatable Business

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