5750 Florida Blvd

Baton Rouge, LA 70806

$5,800,000
Price
113
Beds
38,000 Sq. Ft.
$153 / Sq. Ft.
38,000
Sq. Ft.
$153
per Sq. Ft.
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Description

River Pines Apartments is a 64-unit multifamily property located on Florida Blvd in Baton Rouge. The complex features a mix of (15) one-bedroom units and (49) two-bedroom units, offering a balanced unit mix with strong tenant demand strong historical occupancy and reliable cash flow. All major systems are maintained and market rents support further upside through light renovations. With an in place NOI of $423,071 and an 7.29% cap rate at the asking price, River Pines provides stable yield and low...River Pines Apartments is a 64-unit multifamily property located on Florida Blvd in Baton Rouge. The complex features a mix of (15) one-bedroom units and (49) two-bedroom units, offering a balanced unit mix with strong tenant demand strong historical occupancy and reliable cash flow. All major systems are maintained and market rents support further upside through light renovations. With an in place NOI of $423,071 and an 7.29% cap rate at the asking price, River Pines provides stable yield and low management intensity in a high-demand Baton Rouge submarket close to major employers, retail and transit routes. The seller has intentionally kept rental rates low to ensure high occupancy and reduce turnover. When the rents are increased to actual market value, NOI can be boosted to $520,426 or a 8.97% cap rate.
  1. Listed by Mason McCullough • Bridgewater Realty Advisors, LLC
    P: (504)-298-8631 C: (504)-298-8631 mason@bridgewater.realty
  2. Listed by Bridgewater Realty Advisors, LLC
    P: (504)-901-0463 mason@bridgewater.realty

Property Details for 5750 Florida Boulevard

Architectural Style
Traditional Style
LISTING UPDATED: 01/30/2026 01:10 PM

Property Details for 5750 Florida Boulevard

StatusActive
MLS #2529356
Days on Market170
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMULTI FAMILY FOR SALE / Townhouse
Year Built1978
Lot Size2.76 AC / 120,064 SF
CountyEast Baton Rouge Parish
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Location

Listing Courtesy of Bridgewater Realty Advisors, LLC
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Building Information for 5750 Florida Boulevard

Stories2Residences64Year Built1978Building Size-Lot Size2.76 AC / 120,064 SF

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$31,549 per month

30 year fixed, 6.46% Interest

Principal and Interest

$29,206

Property Taxes

$2,343

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5750 Florida Boulevard

Summary
Location and General Information
  • Directions: Bounding Streets: S Ardenwood, Cloud
  • Latitude: 30.45
  • Longitude: -91.13
  • MLS Area Minor: EAST BATON ROUGE
  • Year Built: 1,978
  • In City Limits: Yes
  • Local Area: EBR MLS Area 61
Parking
  • Parking Features: Parking Lot
Taxes and HOA
  • Association Amenities: Subd Acreage
  • Association Name: GBRAR
  • Tax Legal Description: WARD: 1-3, SUBDIVISION: CLOUD, HARRY TRACT, LOT: T-1-A. TRACT T-1-A, RESUB. OF TRACT "T" OF THE SUB. OF TRACT C LOT A-3-B, & HARRY CLOUD PROP. IN SEC.82, T7S,R1E(RIVER PINES APT.) 64 UNITS NOTE: ACT READS TRACT T-1-A
  • Tax Lot: T-1-A
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Property
Lot Information
  • Building Area Total: 38000.0
  • Living Area Source: Public Records
  • Lot Size Acres: 2.7563
  • Lot Size Dimensions: 2.75 ac
Property and Assessments
  • Home Warranty: No
  • Parcel Number: 00007145
  • Property Type: MULTI FAMILY FOR SALE
  • Overall Condition: Very Good
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • GS Utilities Gas: Other Gas
  • EL Utilities Elec: Entergy
  • Individual Meters: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Brick
  • Foundation Details: Slab: Traditional
  • Roof: Flat
  • Stories: 2
Interior Features
  • Bathrooms Full: 64
  • Bathrooms Partial: 0
  • Bedrooms Total: 113
  • Cooling: Central Air
  • Entry Level: 12
  • Heating: Central
  • Interior Features: Handicap Interior Prov
  • Bathrooms Total Integer: 64
  • Laundry Features Desc: Shared Room
Multi Family
Multi Family Information
  • Number Of Units Total: 64
Rental
Rent Information
  • Tenant Pays: Electricity
  • Total Actual Rent: 52400

Property History for 5750 Florida Boulevard

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Listed (Active)

ROAM MLS #2529356

$5,800,000—
May 24, 2024

Permanently Off Market

ROAM MLS #BY2023004417

$4,800,000—
Mar 21, 2023

Listed (Active)

ROAM MLS #BY2023004417

$4,800,000—
DateEvent & SourcePrice
11/04/2025

Listed (Active)

ROAM MLS #2529356

$5,800,000
05/24/2024

Permanently Off Market

ROAM MLS #BY2023004417

$4,800,000
03/21/2023

Listed (Active)

ROAM MLS #BY2023004417

$4,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5750 Florida Boulevard

Taxable ValueLand$9,240Additions$216,832Total$226,072
Tax Record2025$28,114 ($2,343 / month)
Home Facts
StyleMulti-Family Res (5+ Units)CountyEAST BATON ROUGEAPN7145

Schools near 5750 Florida Boulevard

This home is within East Baton Rouge Parish School District.
Rating
School
Type
Grades
Distance
Lasalle Elementary School
Public - PK to 5
Westdale Middle School
Public - 6 to 8
Tara High School
Public - 9 to 12
Helix Aviation Academy
Charter - K to 9
Rating
School
Distance
Lasalle Elementary School
PublicPK to 5

Westdale Middle School
Public6 to 8

Tara High School
Public9 to 12

Helix Aviation Academy
CharterK to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5750 Florida Boulevard, Baton Rouge, LA 70806

5750 Florida Boulevard is a multi-family home for sale in Baton Rouge, LA 70806. This property was listed for sale on November 4, 2025 by Bridgewater Realty Advisors, LLC, it's currently listed at $5,800,000. It has been on the market for a total of 170 days and was last sold on February 26, 2021. This listing's school district is East Baton Rouge Parish School District. Nearby schools include Lasalle Elementary School, Westdale Middle School and Tara High School. 5750 Florida Boulevard is a 113-bed, 64-bath, 38,000 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bridgewater Realty Advisors, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.