Description

Opportunity like this does not come along often. Apartment complex with 13 income producing units on 2.13 acres on 303 feet of prime commercial frontage. Six of the units have a water view located on beautiful Lake Ellis. This high-exposure, C-2 Zoned commercial property sits directly on one of the busiest and most traveled corridors in Land O' Lakes. It is an absolute magnet for investors and savvy buyers. The property features an apartment building with seven units with a mix of one-bedroom and studio apartments. There are 3 additional lakefront buildings built in 1976 with an additional 6 one bedroom apartments. It also features and office, storage, and a laundry facility. What truly sets this property apart is its unmatched visibility, prime street frontage, and versatile mixed-use zoning. Whether you choose to continue operating it as a multifamily investment or capitalize on the zoning for redevelopment, the possibilities are nearly endless. Future uses could include a restaurant, coffee shop, grocery store, car wash, retail, or service-bases business, all perfectly positioned to thrive on the constant traffic along busy US-41. A buyer has choices as the main building can be bought separately- cross posted with MLS# TB8458317, or they can purchase all 5 parcels in this listing. This is a rare chance to secure a high-demand commercial asset in a rapidly growing area with exceptional accessibility. Act now, schedule your showing today, and stake your claim in one of Land O' Lakes most desirable locations.