$2,110,000
$2,250,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
10 Baths
7,548 SqFt
SOLD DATE : 06/09/2023
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
Sold Date 06/09/23
Bedrooms 12
HOA Y/N No
Originating Board Stellar MLS
Year Built 1971
Annual Tax Amount $16,353
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 100x107
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
Interior Features Built-in Features, Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Waterfront false
Roof Type Membrane
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition None
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Bought with DALTON WADE INC
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