For sale

$5,250,000

Est. $35,647/mo —

—

•

38,000

sq ft

5750 Florida Blvd, Baton Rouge, LA 70806

About this home

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 $335k and an 6.39% cap rate at the asking price, River Pines provides stable yield and low management intensity in a high-demand Baton Rouge submarket 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 $536,587 or a 10.22% cap rate.

CondoProperty Type

1978Year Built

2.76 acresLot Size

$138Price/Sq.Ft.

Listed by Mason McCullough • Bridgewater Realty Advisors, LLC

Listed by Cameron Griffin • Bridgewater Realty Advisors, LLC

Listing updated: Sep 28, 2026 at 04:29pm

Redfin checked: a minute ago

•Source:GSREIN #2558044

Payment calculator

$35,647 per month

Principal and interest$29,367

Property taxes

$2,343

HOA dues

Home insurance

$3,938

Utilities

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Next available date: Tuesday, October 13

Open houses

No upcoming open houses.

Nearby open houses (10)

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OPEN TUE, 11AM TO 5PM
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3 beds2 baths1,500 sq ft
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OPEN TUE, 11AM TO 5PM
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3 beds2 baths1,500 sq ft
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4 beds3 baths2,461 sq ft
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OPEN SUN, 2PM TO 4PM
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2 beds2 baths1,563 sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Lasalle Elementary School

Public PreK-5 • Assigned • 2.0mi

5/10

Westdale Middle School

Public 6-8 • Assigned • 0.7mi

4/10

Tara High School

Public 9-12 • Assigned • 2.7mi

2/10

Provided by GreatSchools

About Old

Goodwood

Old Goodwood, located between Airline Highway and Jefferson Highway, is a historic and residential Baton Rouge neighborhood with a canopy of live oaks and mid-century ranch streetscapes. The neighborhood’s character concentrates around the Goodwood Boulevard and Jefferson Highway corridor, where local eateries, small studios, and everyday services keep the pace steady. The Goodwood Library anchors the area with a civic, bookish calm. The Goodwood Grill and the Baton Rouge Gallery add familiar, local touchstones for dining and art. Brick homes, deep setbacks, and shaded sidewalks shape a quiet, walkable feel. Nearby parks and the Goodwood Boulevard greenway lend room for a morning loop or an after-work reset.

Provided by Walk Score and Local Logic

Market insights

5750 Florida Blvd · $5,250,000

DAYS ON MARKET

The average home goes pending in 42 days.

SALE-TO-LIST

Most homes are selling 7% below list price.

LIST PRICE

Median list price in this area is $167,490. (97% lower than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Property is in very good condition

Bathrooms
64 full bathrooms

Heating & cooling
Central heating
Central air conditioning

Sale and tax history for 5750 Florida Blvd

Sale History
Tax History

Date

Event

Price

GSREIN #2558044

Sep 21, 2026

Price Changed

$5,250,000

$138/sq ft

May 13, 2026

Listed

$5,800,000

$153/sq ft

AcadianaMLS #NO2558044

Sep 21, 2026

Price Changed

$5,250,000

$138/sq ft

May 13, 2026

Listed

$5,800,000

$153/sq ft

+32

AcadianaMLS #NO2529356

Nov 4, 2025

Listed

$5,800,000

$153/sq ft

GBRMLS #2023004417

Mar 21, 2023

Listed

$4,800,000

$126/sq ft

AcadianaMLS #BY2023004417

Mar 21, 2023

Listed

$4,800,000

$126/sq ft

GBRMLS #163346

Aug 24, 2021

Listed

$3,900,000

$103/sq ft

AcadianaMLS #BY163346

Aug 24, 2021

Listed

$3,900,000

$103/sq ft

Public Records

Mar 3, 2021

Sold

$1,700,000

$45/sq ft

GBRMLS #2020009273

Feb 26, 2021

Sold

Dec 26, 2020

Pending

—

Sep 28, 2020

Relisted

—

Jul 15, 2020

Pending

—

Jun 10, 2020

Listed

$2,200,000

$58/sq ft

AcadianaMLS #BR2020009273

Jun 10, 2020

Listed

$2,200,000

$58/sq ft

GBRMLS #2019007804

Oct 7, 2019

Price Changed

$2,200,000

$58/sq ft

May 20, 2019

Price Changed

$2,482,391

$65/sq ft

May 6, 2019

Listed

$2,758,218

$73/sq ft

AcadianaMLS #BR2019007804

May 6, 2019

Listed

$2,200,000

$58/sq ft

Public Records

Apr 17, 2007

Sold

$1,783,875

$47/sq ft

AcadianaMLS #BR2006125564

May 17, 2006

Listed

$1,850,000

$49/sq ft

GBRMLS #2005107054

Sep 15, 2005

Listed

$1,850,000

$49/sq ft

AcadianaMLS #BR2005107054

Sep 15, 2005

Listed

$1,850,000

$49/sq ft

AcadianaMLS #BR200236756

Nov 18, 2002

Listed

$1,400,000

$37/sq ft

AcadianaMLS #BR200074495

Feb 24, 1998

Listed

$849,900

$22/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$28,114 (+4.6%)

$9,240 + $216,832

$226,072

2024

$26,878 (+10.0%)

$9,240 + $216,832

$226,072

2023

$24,445 (−0.2%)

$8,250 + $193,600

$201,850

2022

$24,501 (+4.0%)

$8,250 + $193,600

$201,850

2021

$23,548 (+0.7%)

$8,250 + $193,600

$201,850

2020

$23,395 (+5.3%)

$8,250 + $193,600

$201,850

2019

$22,224 (+1.3%)

$7,500 + $176,000

$183,500

2018

$21,949

$7,500 + $176,000

$183,500

2017

$21,949 (+2.5%)

$7,500 + $176,000

$183,500

2016

$21,405 (+3.2%)

$7,500 + $176,000

$183,500

2014

$20,741

$7,500 + $170,850

$178,350

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

2.76 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

East Baton Rouge Parish

APN

000-0714-5

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

DESIGN OVERLAY FLORIDA BOULEVARD

Light Commercial District

The purpose of C1 is to permit retail commercial uses serving the surrounding community.

Zone overlays

Design Overlay - Florida Boulevard District

Permitted uses

Include but are not limited to:

Convenience store
Day care facility
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Research & development

May 25, 2022 • Final

River pines apts

Work on multifamily rental apartments.

Electrical

Mar 9, 2021 • Final

River pines apt.

Install a house electrical meter for a laundry room in an apartment complex.

Electrical

Electric meter

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 20 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Baton Rouge, LA • 70806

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

11/ 100

Low sunlight

Sunscore

There appears to be significant shading by surrounding buildings, terrain, and vegetation.

1.7 hrs

0.3 hr

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5750 Florida Blvd

There isn’t enough information to generate an accurate estimate at this time. Learn More

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Details provided by GSREIN and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 5750 Florida Blvd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5750 Florida Blvd

Early Access listings

Nearby similar homes

New listings for sale in 70806

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