UPDATED:
11/23/2024 01:06 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,156 sqft
Price per Sqft $694
Subdivision St Petersburg Beach Rep
MLS Listing ID S5112294
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $10,957
Lot Size 5,227 Sqft
Acres 0.12
Property Description
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.
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
Heating Central, Electric, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters, Sidewalk, Storage
Utilities Available Public
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Learn More About LPT Realty
Holly Wolfer
Broker Associate | License ID: BL3328122
Broker Associate License ID: BL3328122