Tall Pines

Tall Pines is an 11-unit, garden-style multifamily community, centrally located in Pinellas County, Florida's most densely populated county. The property boasts an attractive unit mix of 100% two-bedroom units, with in-unit washer/dryer connections, and municipal water meters in place. A new owner can take advantage of a newer roof (2020), a significant in-place loss-to-lease (10%), and approximately $300 of rental upside. 72.7% of leases are either month-to-month or renewing Q1 2026, allowing for immediate execution of a value-add business plan. It is recommended that a new owner further renovate unit interiors, install washer/dryer appliances, and continue to increase rents. The property's location offers convenient access to employment and entertainment options. Either by foot or by bike to the immediate area, or by car throughout the Tampa Bay.