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commercial property for sale martin county fl “20 units Palm City, FL”

$ 980,000 - sold

3445 Mapp Rd Palm City, FL, Palm City

Property Description

Discover this 20 unit complex located in the heart of the Palm City CRA district. Great visibility, great rental history and great location. Mapp Rd is in walking distance to Publix, Parks, Post office, restaurants, schools, boating and many other recreational activities. This property is zoned commercial; therefore, could possibly be developed for a higher and better use.

Mapp Rd is a dynamic property which sits on approximately 1.5 Acres of commercial land in the CRA area of Palm City. There are four buildings constructed of CBS. This property benefits from city water and sewer; moreover, each unit can be individually metered. Mapp Rd has 4 buildings with 2 coin laundry rooms. Each unit is a 2 bed and 1 bath with approximately 700 sq per unit. All units have central AC and heat with individual electric meters, “tenants pay their own power”. This 20 unit complex is a great investment opportunity due to the profit, growth, location, and market conditions. The rents are below market. “commercial property for sale martin county fl”