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About
About Florence Flats
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Florence Flats, a 50-unit property built in 1950, located in the charming city of Florence in South Carolina’s Pee Dee region. The property is situated less than a mile from the city’s award-winning downtown, which has been honored with the Great American Main Street Award for its outstanding preservation-focused commercial district revitalization. Residents also enjoy convenient access to premier retail centers, public amenities, and Florence’s upcoming developments, offering abundant job opportunities. The area surrounding Florence Flats benefits from strong demographics, rising home values, and an impressive 15% rent growth, making it a unique opportunity in a market with limited new supply—only 208 units are planned or under construction. Furthermore, the property has undergone significant capital improvements, with fully renovated units achieving substantial rent premiums over both classic and partially renovated units.
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