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Prime Investment Opportunity: Multi-Unit Property in the Heart of St. Pete Beach. Located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters, this exceptional multi-unit property offers a rare opportunity for investors seeking both immediate returns and long-term value. This well-maintained property features four distinct units, all housed within a single, solid-block building, providing substantial savings on insurance costs. Each apartment is equipped with its own electric meter, allowing tenants autonomy and reducing management complexity. The outdoor space includes a fully furnished patio, secured by a reinforced privacy fence, ensuring a serene environment for residents. A separate laundry facility, fitted with coin-operated machines, provides an additional revenue stream. The sprinkler system is in excellent working condition, further reflecting the high standard of maintenance, with the current owners having lived on-site for many years. The property comprises three 1-bedroom, 1-bathroom units, two of which are rented short-term, and a third occupied by a long-term tenant of over 10 years. The fourth unit, offering 2 bedrooms and 1 bathroom, serves as the owners' private residence. This listing represents a unique chance to acquire a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida's most sought-after coastal markets.
| DAYS ON MARKET | 7 | LAST UPDATED | 9/16/2024 |
|---|---|---|---|
| TRACT | ST PETERSBURG BEACH REP | YEAR BUILT | 1950 |
| COMMUNITY | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| CONSTRUCTION | Block |
| EXTERIOR | Rain Gutters, Storage |
| HEAT | Central, Electric |
| INTERIOR | Eat-in Kitchen, Open Floorplan |
| LOT | 5227 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | ST PETERSBURG BEACH REP |
| TAXES | 10957 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Vicente Virgilio, ALTIS REALTY, 407-401-7447
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/19/24 10:41 PM PDT.
This IDX solution is (c) Diverse Solutions 2024.