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1022 SW 1ST AVENUE

Multi-family Recently Sold
$2,567,530

BTC: 85.58433333

ETH: 1,283.76500000

Sold on: 2025-08-11
65 days
20 bds
7,966 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1935
Lot:
0.50 Acres
Heating:
Electric
Price/sqft:
$339
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 20

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 13222010001

    • Zoning: U5

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $21,137

  • Source details

    • MLS ID: R4909329

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Other

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Living Area: 7966

    • Water Source: Public

    • Subdivision Name: BRICK HOUSE

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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 ©2025-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: BRG REALTY VENTURES