The property no longer meets the Highest and Best use. It consists of 2 structures totaling 4830 ft.² on a lot containing 13,606 ft.² and is located 2 blocks west of the intracoastal making this an extremely unique property. The unit mix on the subject property consists of three 2 bedroom apartments & three one bedroom apartments. The property was constructed in 1924 NOTE, there are various open code violations which have turned into a lien in excess of $500,000 which we believe can be mitigated to 10%-15% of its face value. Please take this as well as the cost to raze into consideration when making an offer. For additional info, view or download the Offering Memorandum.
