11901 4TH STREET N UNIT 11311

Discover an exceptional living experience with this beautifully renovated studio, perfectly positioned within the 12.8-acre Baypointe Preserve. Despite its serene setting, the property enjoys a prime location on 4th Street North, in the vibrant Gateway area, offering the best of both worlds. The studio features a 2023 A/C unit, a recently updated kitchen and bathroom, boasting granite countertops and luxury vinyl plank flooring, adding a touch of elegance to your daily living. Storage is plentiful, thanks to a spacious walk-in closet. Situated on the third floor, the unit opens up to a screened-in balcony, presenting unparalleled views of the lush Preserve, allowing you to enjoy nature's tranquility right from your home. Ease of access is a given, with the I-275 just a stone's throw away, connecting you to local beaches, Tampa International, downtown St. Petersburg, and numerous shopping destinations in minutes. Baypointe Preserve stands out with its resort-style gated community, offering a host of amenities including a tropical pool with spa, sun decks, a fitness center, outdoor grills, dog parks, covered bike racks, and a car wash area. Plus, with water, sewer, and trash services included, the $262 monthly HOA fee is remarkably affordable. This condo is not only an ideal home but also presents a lucrative investment opportunity. Currently rented with a CAP rate of 8%, it generates steady income, and the lease is in place until September 14, 2024, ensuring immediate returns on your investment. For investors, this property represents a unique cash-only opportunity. Meanwhile, those looking to make it their home can be referred to a Licensed Mortgage Originator, who has experience financing properties within Baypointe Preserve, with options starting at 20% down. All property inspections and viewings are by appointment only. Do not disturb occupants.