565-67 Florida St, Imperial Beach, CA 91932

$2,235,000
12
BD
6
BA
5,861
SqFt

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Sold Price
$2,235,000
List Price
$2,459,000
Closing Date
Mar 14, 2025
Status
CLOSED
MLS#
240027402
Bedrooms
12
Bathrooms
6
Living Sq. Ft
5,861
City
Imperial Beach
Property Type
Multifamily

Property Description

565 Florida is a detached four bed/two bath house. 567 Florida is comprised of two duplexes each with twin two bed/one and a half bath townhome units. The cost per square foot and GRM are the lowest in IB now, Dollars/ SF is lower than anything that has been listed in IB in the past year. GRM is lower than average of what has been listed in IB in the last year. The average of recent Imperial Beach sales has been $560/SF. That would imply a value over $3,200,000 for this property. The four townhome apartments each have attached garages and private patios. The four garages offer an opportunity to add ADUs to create extra income. All units are individually metered for water, gas and electric. Each unit has individual laundry hookups.

Additional Information

Living Area
5,861
Stories
2
Parking Spaces
8

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Terry Moore (619-889-1031) from Listing Office: Apartment Consultants Incorporated.

Selling Office: Familiar Real Estate.

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