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Seller is offering $25,000, which may be provided as a check at closing or applied toward the buyer's closing costs, at the buyer's discretion. Exceptional investment opportunity in St. Pete Beach. Renovations to the two first-floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all-new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nation's most celebrated beach destinations"”renowned for its soft, powdery sand and serene, crystal-clear waters"”this exceptional, fully furnished, multi-unit property presents a rare investment opportunity with both immediate income and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes three 1-bedroom, 1-bathroom units"”two currently rented short-term and one occupied by a long-term tenant for over 10 years"”and one 2-bedroom, 1-bathroom unit currently used as the owner's private residence. Average rental income is approximately $1,800 month for a 1-bedroom and $2,400 for a 2-bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida's most sought-after coastal markets. Don't miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. The seller is motivated and open to working with serious buyers to ensure a smooth and successful transaction.
| DAYS ON MARKET | 449 | LAST UPDATED | 8/16/2025 |
|---|---|---|---|
| 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 |
| PRICE HISTORY | |
| Prior to Jun 9, '25 | $1,125,000 |
|---|---|
| Jun 9, '25 - Aug 4, '25 | $998,000 |
| Aug 4, '25 - Today | $949,900 |
| 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, Ductless, 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 12/5/25 5:22 PM PST.
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