2,156 SqFt
2,156 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,156 sqft
Price per Sqft $521
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 Sub-Type Quadruplex
Property Description
This property is nearing completion on the remodeling of the two first-floor apartments, including new bathrooms, cabinets, two new electrical panels, completely new wiring, and all-new outlets. All work has been done and guaranteed by licensed contractors. The owner is willing to assist with closing costs for the buyer.
Located in one of the nation's most celebrated beach destinations, renowned for its soft, powdery sand and serene, crystal-clear waters, this exceptional multi-unit property presents a rare investment opportunity with both immediate returns and long-term value.
This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years.
The property includes:
• Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third has been occupied by a long-term tenant for over 10 years.
• One 2-bedroom, 1-bathroom unit, currently serving as the owner's private residence.
• Potential for a fifth apartment in the garage, already equipped with two drains for a bathroom and kitchen, offering an additional revenue stream.
This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida's most sought-after coastal markets. Don't miss this chance to acquire a high-quality, income-generating property in a prime beachside setting!
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
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
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5112294
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Broker Associate | BA-3259946