Active

3317 Florida Avenue

North Charleston SC, 29405

$3,200,000


$337.13 per sqft

Active

9,492 sqft

Residential

Built in 1972

The subject is comprised of 20 units, all one bed one bath. Florida Avenue Apartments was built in 1973 and recently renovated in 2023. Renovations include Roof, exterior paint, fencing, HVAC's, flooring, fixtures, cabinets, appliances, electrical, plumbing, Stairs and railing, bathrooms, kitchens, and fully upgraded laundry room. This property gives an investor an opportunity to acquire 20 multifamily units in the rapidly growing and high barrier to entry North Charleston, submarket to the Charleston, SC MSA. The subject property was renovated in 2023 and rents have increased by more than 60%.The subject property is located just under two miles south of the bustling Park Circle area of North Charleston. It offers easy access to main thoroughfares such as Rivers Avenue, Interstate-26,

24009665

MLS ID

April 17, 2024

Listed

May 9, 2024

Updated

Map

3317 Florida Avenue
North Charleston SC, 29405

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.44 Acres

School Information

High School

North Charleston


Elementary School

Chicora

Other Property Details

Area Name

31 - North Charleston Inside I-526


Garage

No


Parking

Other (Use Remarks)


View

No


County

Charleston


Pool

No


Buyer Agency Compensation

1%

Courtesy of RE/MAX FullSail, LLC with Jason Smith,

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