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240 2ND STREET SW

Multi-family For Sale
$5,500,000

BTC: 52.86787050

ETH: 1,481.12242150

183 days
0 room(s)
21,745 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Discover the Premier Investment Opportunity at 20 on Second luxury apartment community. Luxury and convenience converge to set a new standard for downtown living. This premier property offers a unique investment opportunity with its spacious one and two-bedroom units, designed to attract discerning residents seeking an urban sanctuary. This property features generous 800 sq. ft. one-bedroom and 1200+ sq. ft. two-bedroom units, providing ample space for relaxation and entertainment. The first-floor units boast contemporary polished concrete floors and tranquil private courtyards, all units benefit from separation walls that are 28% quieter than standard building codes require, ensuring a peaceful living environment. The gourmet chef’s kitchens, equipped with premium stainless steel Italian appliances and gas cooktops, appeal to culinary enthusiasts and elevate the everyday living experience. This pet-friendly community includes a dedicated dog wash station, adding convenience for pet owners and increasing the property's appeal. Additional amenities, such as a car wash station and secure bike racks, cater to the modern urban lifestyle, ensuring vehicles and bikes are well-maintained and easily accessible. Located in the heart of downtown, 20 on Second offers residents close, convenient, walking access to vibrant dining, shopping, cultural attractions, and nightlife, making it an attractive choice for those who appreciate a walkable lifestyle. Invest in 20 on Second and capitalize on the growing demand for luxury downtown living. Schedule a tour today to see why this property stands out as the perfect investment opportunity. Listing reflects a 4.2% CAP Rate based on 2023 income with plenty of upside available.

Location

Facts and features

Type:
Residential Income
Parking:
Assigned
Year Built:
2019
Lot:
0.71 Acres
Heating:
Central
Price/sqft:
$253
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Split Bedroom

  • Parking

    • Assigned

    Property

    • Exterior Features: Irrigation System / Lighting / Sidewalk

    Lot

    • Lot: 0.71 Acres

    Other Property Information

    • Parcel Number: 262829623000000140

    • Zoning: BR

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $54,372

  • Source details

    • MLS ID: P4930806

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Corner Lot / City Lot / Near Public Transit

    • Living Area: 21745

    • Water Source: Public

    • Subdivision Name: DODSONS RESUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: VILLAGE REALTY OF WINTER HAVEN