$1,550,000 for Sale
7304 coquina way, st pete beach, FL 33706
| Beds 0 | Baths 0 | 2,156 Sqft | 0.12 Acres |
|
1 of 100 |
Property Description
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.
General Information
Sale Price: $1,550,000
Price/SqFt: $719
Status: Active
MLS#: S5112294
City: st pete beach
Post Office: st pete beach
County: Pinellas
Subdivision: st petersburg beach rep
Acres: 0.12
Bedrooms:0
Bathrooms:0
House Size: 2,156 sq.ft.
Acreage: 0.12 est.
Year Built: 1950
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block
Exterior Misc: Rain Gutters, Sidewalk, Storage
Basement: No
Foundation : Slab
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $10,957
Legal Description: ST PETERSBURG BEACH REPLAT BLK 57, LOT 15
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: Vicente Virgilio of ALTIS REALTY, Phone: 407-401-7447
