
One to four units is considered residential property in Florida. Five or more units is considered commercial property. This residential income producing property consists of four units with a total of 8 bedrooms and 4 bathrooms.
Seperate electric meters allows the landlord to separate the cost of electric consumption. Notice that this four unit building has five meters. One meter and circuit breaker for each individual apartment and a fifth meter that runs the lighting for the common areas. It is customary for tenents to open their own electricity accounts after they receive a rental contract from the landlord.
This landlord makes it easy for tenants to collect their mail with numbered mailboxes located in a secure common area.
Hardwood flooring and wall mounted A/C units are in each bedroom.