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 propert y is located under two miles south of the bustling Park Circle area of North Charleston. It offers esy access to main thoroughfares such as Rivers Avenue, Interstate-26,

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on 3317 Florida Ave
in North Charleston, SC
Presented by Jason Smith at
RE/MAX FullSail.


Property MLS #24009665 from Charleston

+ Reveal additional info including schools and tax history

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+ Land Info

Lot Size Acres: 0.44
Lot Size Square Feet: 19166

+ School Information

Elementary School: Chicora
High School: North Charleston
Middle School: Morningside
+ Display Complete School Details

Chicora Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

North Charleston High School is a public high school located approximately 1.6 miles away.
Map directions

Morningside Middle School is a public middle school located approximately 2.2 miles away.
Map directions

Owens Christian Academy is a private elementary school located approximately 0.1 miles away.
Map directions

+ Rental Info

Gross Income: 226356

+ Other Property Info

Source Listing Status: Active
County: Charleston
Source Property Type: Residential Income
Source Neighborhood: Buckfield
Parcel Number: Buckfield
Subdivision: Buckfield
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2021	$unknown + $unknown $467,820	$179
2020	$unknown + $unknown $467,820	$179
2018	$unknown + $unknown $24,410	$8,202
2017	$unknown + $unknown $24,410	$179
2016	$unknown + $unknown $24,410	$7,968
2015	$unknown + $unknown $24,410	$179

+ Reveal Property Sale History

Price Changed 2024-06-01
$3,100,000
Charleston

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Listed 2024-04-18
$3,200,000
Charleston

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Sold 2023-01-18
$1,900,000
Public Record

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Listing removed 2021-10-28
$0
Charleston

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Price Changed 2021-10-05
$1,950,000
Charleston

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Listed 2021-05-12
$1,750,000
Charleston

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Sold 2005-08-03
$667,000
Public Record

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Sold 2003-09-03
$383,000
Public Record

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Sold 1999-06-09
$29,120
Public Record

+ Building and Construction

Total Square Feet Living: 9492
Year Built: 1972
Building Area Total: 9492
Property Age: 52
Property Condition: Pre-Owned
Structure Type: More than 4