$2,250,000
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!
Listed by Keith Burt, .
Property Highlights
- Acres: 0.25
- County: Pinellas
- Year Built: 1971
- Cooling Type: Central Air
- Heating Type: Central
- Property Type: Commercial, Multi Family
- MLS #: U8197672
Property Features
| Construction Materials | Block |
| Cooling | Central Air |
| Exterior Features | Other |
| Heating | Central |
| Interior Features | Built-in Features |
| Interior Square Footage | 7,548 |
| Lot Size Acres | 0.25 |
| Lot Size Dimension | 100x107 |
| Lot Size Square Feet | 10,751 |
| Roof | Membrane |
| Sewer | Public Sewer |
| Stories | Two |
| Water Source | Public |