Tarpon Harbour

Posted: 3/22/2018
106 Units
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About Tarpon Harbour

Tarpon Harbor is the newest Class-A rental community in the Florida Keys. The property offers an exceptionally rare opportunity to acquire only one of nine rental communities over 100-units in the entire Florida Keys. A shortage of rental supply, limited land and limitations on new residential development make the Florida Keys one of the most supply constrained markets in the U.S. Tarpon Harbor offers an immediate critical mass of units in a market where the demand for rentals significantly outpaces the supply. Located on the water, adjacent to Florida Keys Marathon Airport, the property features 106 spacious townhome units that average 1,293 square feet, including sixty-two 2 bed/2.5 bath units at 1,092 square feet and forty-four 3 bed/2.5 bath units at 1,577 square feet. The property provides 450 feet of open water views on the Atlantic side of the Island and includes fourteen 32-foot boat slips. The property is 99.1% occupied with twelve month leases.