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5 Bedrooms, 4 Bathrooms - Additionally, there is potential to create a fifth unit, further enhancing rental income opportunities. Prime Investment Opportunity in the Heart of St. Pete Beach! This exceptional multi-unit property is located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters. Perfectly suited for investors, it offers both immediate rental income and significant long-term potential. The property features four well-maintained units within a single, solid-block building, ensuring durability and substantial insurance savings. Each unit is equipped with its own electric meter, simplifying management and offering tenant independence. Outdoor amenities include a private patio for relaxation and a separate laundry facility. The sprinkler system is in excellent working condition, reflecting the high standard of care provided by the current owners, who have resided on-site for many years. The layout includes: Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third is occupied by a long-term tenant of over 10 years. A 2-bedroom, 1-bathroom unit currently serving as the owners' private residence. This is a unique chance to acquire a turnkey investment in the premier St. Pete Beach area, providing excellent returns in one of Florida's most sought-after coastal markets.
| DAYS ON MARKET | 71 | LAST UPDATED | 11/4/2024 |
|---|---|---|---|
| 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 11/22/24 3:46 PM PST.
This IDX solution is (c) Diverse Solutions 2024.