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Key Details
Sold Price $2,110,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,548 sqft
Price per Sqft $279
Subdivision St Petersburg Beach Rep
MLS Listing ID U8197672
Bedrooms 12
Year Built 1971
Annual Tax Amount $16,353
Lot Size 10,890 Sqft
New Construction false
Property Description
Welcome to the highly desirable St Pete Beach location! This income-producing property is an excellent opportunity for those looking for a value-add investment property. Current rents are well below market value.
This 10 unit apartment building is a two-story structure, built-in 1971 of solid block construction. It features 8 one bedroom/one bathroom units and 2 two bedroom/one bathroom units. The property has central air throughout, assigned off-street parking, plus a laundry room on each floor with coin-operated machines.
The location of this property is exceptional. It boasts incredible walkability, as it's only one block from Corey Ave. Sunday Market, Post Office, Restaurants, Bars, and Shops. Additionally, it's just four blocks to the beautiful Upham beach voted the #1 Beach in the U.S. in 2021 by Trip Advisor.
Owner financing considered with $650k down payment.
Invest in St. Pete Beach's thriving community now!
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Waterfront false
Roof Type Membrane
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with DALTON WADE INC
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