7025 Hibiscus Avenue S, South Pasadena, FL 33707

$2,833,525
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  • 7025 Hibiscus Avenue S, South Pasadena, FL 33707 Main Photo

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Active Price Reduced by $103,931 on October 9th, 2026
SQUARE FEET8,834 MLS#TB8555883
STATUSActive PROPERTY TYPECommercial - Multiple SUBDIVISIONPASADENA ON THE GULF
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Property Description

Beautiful South Pasadena apartment building. Exceptional opportunity to acquire Hibiscus Place Apartments, a rare,12-Unit Multifamily Investment in South Pasadena, Florida. This architecturally unique, high-demand, apartment building features a private central courtyard which showcases a double return central staircase and is located in an upscale residential neighborhood only one block from Boca Ciega Bay. The property is currently 100% occupied, generating approximately $228,920 in annual gross income. The offering represents an attractive opportunity to acquire an established, income-producing multifamily asset in a highly sought-after Gulf Coast location at a 5.4% cap rate. 12 units - Two 2 bedroom/2 bath, Two 2 bedroom/1 bath and Eight 1 bedroom/1 bath. In last 5 yrs - 30 year roof coating 2023, 5 new air conditioning units, updated laundry facilities, multiple kitchen/ bathroom/ flooring/ appliances, two asphalt parking lots updated and maintained regularly, landscape upgrades. 16 parking spaces (10 in front and second lot in the back. Short drive to St Pete Beach. Walk to shopping and restaurants.

7025 Hibiscus Avenue S | MLS# TB8555883

This commercial property located at 7025 Hibiscus Avenue S, South Pasadena, FL 33707 is currently listed for sale with an asking price of $2,833,525. Search South Pasadena real estate on www.realtymark.net today.

Property Features

Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.34 Acres
Roof Type: Built-Up
Stories: 2.0
Taxes: $22,370
Year Built: 1974

Feature Descriptions

Days on Site: 7
Directions: Pasadena Ave S - South of Central to right on Hibiscus Ave S to address on the right.
Exterior: Block, Concrete, Stucco
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Flood Insurance Required, FloodZone
Lot Dimensions: 0.34
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Owner, See Remarks
Special Sale Provisions: None
Units: 12
Utilities: Electricity Available, Water Connected
Water: Public
Water Access Y/N: No

Listed By / Shown By

Listed By

Agency Name: VIEWPOINT REALTY INTERNATIONAL
Agency Contact: 727-584-7355

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Our Offices

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Contact
888-260-0040 CORPORATE OFFICE 2250 Terwood Drive Huntingdon Valley, PA 19006
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