This is an 11 unit property located on Perico Island in Manatee County. The property has direct canal access to Palma Sola Bay and minutes to the Gulf of Mexico, Robinson Preserve, and the county boat ramp. There are 2 concrete block buildings that have 1 bedroom / 1 bath apartments, and include living rooms and separate central A/C units. The metal roof was permitted and re-roofed two years ago. Attached to building 1 is a coin operated laundry facility and locked storage shed. There exists a major opportunity for value-add increase with the switch from annual rentals to weekly. The property has continually operated at 100% occupancy with many long term tenants. The property is located directly on Manatee Avenue and Flamingo Dr. Great road exposure and has an oversized parking lot.
