$1,340,000 for Sale

310 78th avenue, st pete beach, FL 33706

Beds 0 Baths 0 3,000 Sqft 0.33 Acres 1 of 22
0
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Property Description
Turn-Key 6-Unit Investment Property on Saint Pete Beach: Perfect for 1031-Exchange Buyers with Flexible Financing This newly updated 6-unit property on Saint Pete Beach offers an outstanding investment opportunity with owner financing available at a minimum of 20% down—ideal for 1031-Exchange buyers seeking a tax-advantaged purchase. Situated in a highly desirable area, this property is not just about location; it’s about smart, strategic investing in a booming market. Key Investment Highlights: Prime Location: Only a 5-minute drive from the nearest hospital, this property is perfectly positioned to attract traveling nurses and mid-term renters. Its proximity to several other healthcare facilities further enhances its rental appeal. Comprehensive Upgrades: Recent improvements include new appliances, updated electrical panels, efficient HVAC systems, and a brand-new roof, ensuring minimal maintenance costs and maximum tenant satisfaction. Freshly painted with new landscaping, the property boasts excellent curb appeal—an important factor in attracting high-quality tenants. And ample space to put in a new pool to maximize rents. High Demand Area: Located next to the Saint Pete Beach Recreation Center and neighboring popular hotspots like Mastry’s Brewing Co. and Riptides, tenants have access to a vibrant community. Just one block from Corey Avenue, with its shops, restaurants, and the Sunday Market, and a quick 10-minute drive to Pass-a-Grille Beach, this property is ideally situated to offer the best of beachside living. Strong Rental Income Potential: The combination of its location, condition, and amenities makes this property an excellent candidate for both short-term and mid-term rentals. Its proximity to the healthcare sector adds a stable, year-round tenant base, reducing vacancy risk. Flexible Financing: With owner financing available, investors can secure this property with a minimum of 20% down, making it accessible for those looking to leverage their capital. This flexibility is particularly appealing to 1031-Exchange buyers looking to reinvest with tax advantages. Future Value Appreciation: Given the ongoing popularity of Saint Pete Beach as both a tourist destination and a sought-after residential area, this property is well-positioned for future value appreciation, offering both immediate rental income and long-term capital growth. This property checks all the boxes for savvy investors: strategic location, comprehensive updates, strong rental potential, and flexible financing. It’s a rare opportunity to secure a turn-key investment in one of Florida’s most desirable beach communities. Don’t let this opportunity pass you by! | Unit 1 | 1/1 | 375 | $1,600.00 | | Unit 2 | 1/1 | 375 | $1,600.00 | | Unit 3 | 1/1 | 375 | $1,395.00 | | Unit 4 | 1/1 | 375 | $1,600.00 | | Unit 5 | 1/1 | 555 | $1,895.00 | | Unit 6 | 2/2 | 800 | $2,800.00 |
General Information
Sale Price: $1,340,000
Price/SqFt: $447
Status: Active
MLS#: U8255200
City: st pete beach
Post Office: st pete beach
County: Pinellas
Subdivision: st jo-mar condo
Acres: 0.33
Bedrooms:0
Bathrooms:0
House Size: 3,000 sq.ft.
Acreage: 0.33 est.
Year Built: 1947
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road:  Asphalt
Garage:  No
Construction:  Block
Exterior Misc:  Balcony
Basement:  No
Foundation :  Slab
Cooling:  Central Air
Heating:  Central
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $1,802
Legal Description:  ST JO-MAR CONDO UNIT 1


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Jason White of LPT REALTY, LLC, Phone: 877-366-2213
(941) 916-1649 Call Janine Howell for more information about this property.

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This Home located at
310 78th avenue, st pete beach FL 33706
is currently for sale priced at $1,340,000 and was listed on August, 27, 2024 and has been on the market for 31 days.

310 78th avenue has 0 bedrooms, 0 bathrooms, and approximately 3,000 square feet. with 0.33 acres and was built in 1947. 310 78th avenue is in the 33706 ZIP Code area of st pete beach.

If you have any questions about this property or any others, please don't hesitate to contact me.