3317 Florida Avenue North Charleston, SC ^$ 3,100,000

3317 Florida Avenue

^$ 3,100,000

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3317 Florida Avenue

North Charleston, SC, 29405

^$ 3,100,000

Studio Baths0.0 Sq 9,492

Monthly Estimate*

^$ 20,604

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Studio

Multi-Family Home for sale in North Charleston, SC

for $3,100,000. This 9,492 square foot home was built in 1972 on a lot size of 0.44.

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

Multi-Family Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

More than 4

Lot Size

0.44

Year Built

1972

Town/City

North Charleston

County/Region

Charleston

MLS | Web ID

24009665

Features

General

Garage Spaces 0

Year Built 1972

County Charleston

New Construction No

Property Type Residential Income

Subdivision Name Buckfield

Garage Y/N No

Other Structures None

Status Active

High School North Charleston

City North Charleston

MLS Area 31 - North Charleston Inside I-526

Lot Size Units Acres

Lot Size Square Feet 19166.4

Street Name Florida

Elementary School Chicora

Middle/Junior High School Morningside

Structure Type More than 4

Building Area Units Square Feet

Standard Status Active

Exterior

Parking Features Other (Use Remarks)

Lot Size Area 0.44

Building Area Total 9492

Lot Size Acres 0.44

Covered Spaces 0

Interior

Air Conditioning Y/N No

Heating Y/N No

Street Suffix Avenue

* Excluded Features

List By

Re/Max Fullsail, Llc

Broker

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$20,604

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Monthly Principal & Interest: $20,604
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in North Charleston, SC

Average List Price ^$1,255,492

Percent of Sale Price 60%

About North Charleston, SC

108,110 Population

28% Since 2002

^$40,996 Median Income

34.29 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4143062 Elementary School

1134387 Middle School

North Charleston High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/1/2024	$3,100,000	-3.13%	Price Down
4/18/2024	$3,200,000		Listed Price

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3317 Florida Avenue, North Charleston, SC, 29405 is a Multi-Family Home for sale at $3,100,000 with 9,492 sqft and a lot size of 0.44. 3317 Florida Avenue is a studio with 0.0 baths and was built in 1972. The property's zip code is 29405 which is in North Charleston, SC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Properties marked with this logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of he listing brokers.

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3317 Florida Avenue

Multi-Family Home for sale in North Charleston, SC

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