Pending

16-22 S Florida Street

Mobile, AL 36606
Mark as Favorite
Bed --

Bed

Bath 0

Bath

SqFt10,018.80

Sqft(Lot)

This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term and mid-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit as well as all current furnishings. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and owner supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the current business infrastructure with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. Th is listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, one water heater replaced in 2024, new exterior staircase and cosmetic updates to all interiors. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth. Listing agent is related to the seller.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,199,900

AD Id : 76721613

MLS Id : 7746569

Lot Size : 10,018.80 Sqft

Year Built : --

County : Mobile

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Room Information

    Window Feature: None
  • Roofing Information

    Other
  • Interior Features

    Roof: Other
  • Heating & Cooling

    Heating: Wall Unit(s) Cooling: Wall Unit(s) WaterSource: Public

  • Building Information

    Construction Materials: Brick
  • Fencing

    None

  • Lot Information

    Lot Description: Level, Rectangular Lot Lot Size Area: 10018.8 Lot Size Units: Square Feet Lot Square Feet: 10,019 Lot Acres: 0.23 Waterfront: None Main Square Feet: 10018.8

    Property Information

    Property Type: Residential Income Subdivision: Florida Street Flats

  • Tax Information

    Parcel Number: 2907230006249 Annual Tax: $2667

  • Parking Information

    Parking Lot, Paved

  • Elementary School: Leinkauf
    Junior High School: Booker T Washington
    Senior High School: Murphy
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Other
Sell a home like this and save $71,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
54 Houston Street, Mobile, AL, 36606 $349,000 4 2 3,379 3,379 SqFt
1800 Woodcock Street, Mobile, AL, 36606 $195,000 3 2 1,269 1,269 SqFt
1848 Canal Street, Mobile, AL, 36606 $104,900 2 2 872 872 SqFt
10 Bienville Avenue, Mobile, AL, 36606 $590,000 5 3 3,873 3,873 SqFt
1816 Woodcock Place, Mobile, AL, 36606 $195,000 3 2 1,269 1,269 SqFt
1804 Woodcock Place, Mobile, AL, 36606 $195,000 3 2 1,253 1,253 SqFt
120 Demouy Avenue, Mobile, AL, 36606 $219,500 3 1.5 1,350 1,350 SqFt
16 S Carlen Street, Mobile, AL, 36606 $329,900 3 2 1,535 1,535 SqFt
661 Ruth Street, Mobile, AL, 36606 $35,000 2 1 1,028 1,028 SqFt
1900 Old Government Str.., Mobile, AL, 36606 $635,000 4 3.5 2,804 2,804 SqFt

Copyright © 2026 by the Multiple Listing Service of the Gulf Coast MLS - Mobile Area Association of REALTORS®, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Gulf Coast MLS - Mobile Area Association of REALTORS®, Inc. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/28/2026 @ 12:55

MLS: 7746569 LISTED BY: Breanna Veth, Wellhouse Real Estate LLC - Mobile 251-230-5008 SOURCE: GCMLS2

Homes around $1,199,900

Selling? Save $71,495 when you sell a home like this

Tour with a ByOwner Agent