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7304 COQUINA WAY

Multi-family For Sale
$1,498,000

BTC: 15.05588164

ETH: 430.41524440

-$52K (2024/11/04)
103 days
0 room(s)
2,156 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

5 Bedrooms, 4 Bathrooms – Additionally, there is potential to create a fifth unit, further enhancing rental income opportunities. Prime Investment Opportunity in the Heart of St. Pete Beach! This exceptional multi-unit property is located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters. Perfectly suited for investors, it offers both immediate rental income and significant long-term potential. The property features four well-maintained units within a single, solid-block building, ensuring durability and substantial insurance savings. Each unit is equipped with its own electric meter, simplifying management and offering tenant independence. Outdoor amenities include a private patio for relaxation and a separate laundry facility. The sprinkler system is in excellent working condition, reflecting the high standard of care provided by the current owners, who have resided on-site for many years. The layout includes: Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third is occupied by a long-term tenant of over 10 years. A 2-bedroom, 1-bathroom unit currently serving as the owners’ private residence. This is a unique chance to acquire a turnkey investment in the premier St. Pete Beach area, providing excellent returns in one of Florida’s most sought-after coastal markets.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.12 Acres
Heating:
Central / Electric / Wall Units / Window Unit
Price/sqft:
$695
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Central

    • Electric

    • Wall Units / Window Unit

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Open Floorplan

  • Property

    • Exterior Features: Rain Gutters / Sidewalk / Storage

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 363115779940570150

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $10,957

  • Source details

    • MLS ID: S5112294

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Living Area: 2156

    • Water Source: Public

    • Subdivision Name: ST PETERSBURG BEACH REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ALTIS REALTY