Multifamily
The Cove at Loggerhead Marina (10 of 169 Units)
3157 Nautical Pl S, St. Petersburg, FL 33712
Listing Price: $4,100,000
Investment Overview
A 2016 built, 10-unit condominium portfolio offered at a substantial bulk discount. Located within the gated Cove at Loggerhead Marina, in St. Petersburg, FL — a highly sought-after boating community featuring direct Gulf access, marina amenities and a resort-style waterfront lifestyle
The Cove at Loggerhead Marina (10 of 169 Units)
Investment Highlights
- A 2016 built, 10-unit condominium portfolio offered at a substantial bulk discount
- Opportunity to execute a phased sellout strategy with projected 25%+ returns based on recent individual sales within the Cove at Loggerhead Marina community
- This portfolio features modern three-bedroom/two-and-one-half bathrooms ranging from 1,920 to 1,970 sqft each with an attached garage
- Within the last 1.5 years, the average (non-waterview) trade within the community was $560,000
- Investors can pursue a phased retail sellout, long-term rental hold, bulk disposition or hybrid strategy
- Located within the gated Cove at Loggerhead Marina, a highly sought-after boating community featuring direct Gulf access, marina amenities and a resort-style waterfront lifestyle
- Positioned within the desirable Greater Pinellas Point submarket, offering convenient access to Downtown St. Petersburg, Fort De Soto Park, Gulf beaches, Tampa Bay Westshore employment centers and the Sunshine Skyway corridor
- The Tampa-St. Petersburg MSA continues to benefit from population growth, employment expansion, and a diversified economic base anchored by healthcare, financial services and tourism
Exclusively Listed By
Financing By
Multifamily
The Cove at Loggerhead Marina (10 of 169 Units)
Listing Price: $4,100,000
Investment Highlights
- A 2016 built, 10-unit condominium portfolio offered at a substantial bulk discount
- Opportunity to execute a phased sellout strategy with projected 25%+ returns based on recent individual sales within the Cove at Loggerhead Marina community
- This portfolio features modern three-bedroom/two-and-one-half bathrooms ranging from 1,920 to 1,970 sqft each with an attached garage
- Within the last 1.5 years, the average (non-waterview) trade within the community was $560,000
- Investors can pursue a phased retail sellout, long-term rental hold, bulk disposition or hybrid strategy
- Located within the gated Cove at Loggerhead Marina, a highly sought-after boating community featuring direct Gulf access, marina amenities and a resort-style waterfront lifestyle
- Positioned within the desirable Greater Pinellas Point submarket, offering convenient access to Downtown St. Petersburg, Fort De Soto Park, Gulf beaches, Tampa Bay Westshore employment centers and the Sunshine Skyway corridor
- The Tampa-St. Petersburg MSA continues to benefit from population growth, employment expansion, and a diversified economic base anchored by healthcare, financial services and tourism
Investment Overview
A 2016 built, 10-unit condominium portfolio offered at a substantial bulk discount. Located within the gated Cove at Loggerhead Marina, in St. Petersburg, FL — a highly sought-after boating community featuring direct Gulf access, marina amenities and a resort-style waterfront lifestyle
Exclusively Listed By
Financing By
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