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637 75TH AVENUE

Multi-family Active With Contract
$1,099,900

BTC: 18.96346615

ETH: 352.41232145

-$150K (2023/08/19)
57 days
4 bds
2,212 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Discover the unparalleled allure of this ST PETE BEACH multi-family investment property, enviably positioned just a whisper away from the sun-drenched beach and pulsating heart of the coveted "West Corey Ave District." Nestled in an exceedingly desirable area where seasonal rentals are in high demand, the property lies just west of the historic Corey Ave - indeed, it's the epicenter of all things tourism, culture, art, Sunday Morning Market and city celebrations. Current rental limitations is a minimum of 30 days. Your guests will bask in a veritable trove culinary delight restaurants, eclectic shops, vibrant bars and exhilarating live entertainment, with all these treasures merely a leisurely stroll away from this extraordinary beach enclave. This investment opportunity comes to life with two distinct buildings that together house 4 alluring, extensively remodeled apartments, each with their unique charm. Comprising three 1-bedroom, 1-bath units boasting full-size kitchens and cozy living rooms, and a whimsical 1-bedroom, 1-bath unit with a kitchenette. Constructed in the golden year of 1956, this property received a comprehensive makeover between 2016 and 2021. The renovated interiors now showcase newer flooring, updated kitchens and bathrooms gleaming with modernity, alongside sparkling, stainless-steel appliances. Each apartment echoes stylish décor and furnishings. Tankless gas water heater, separate water meters and separate electric meters. Welcome your guests to the inviting ambiance of these thoughtfully curated apartments, each with its separate entrance. An inviting common courtyard beckons community, while private backyard retreats create serene havens for two of the apartments. Add convenience to comfort with a shared laundry amenity for your guests, and even a full laundry facility in one of the units. Situated in the beating heart of Trip Advisor's "America's Top-Ranked Beaches," this exceptional VACATION/INVESTMENT/RENTAL property is the quintessence of beach dwelling. Seize this savvy investment prospect and become the proud owner of a coveted slice of coastal paradise that provides a continuous stream of income! No rental history, owners have used the property for family and friends vacations. Flood insurance policy is assumable, with some restrictions. Video is attached to this listing.

Location

Facts and features

Type:
Residential Income
Parking:
Driveway / On Street
Year Built:
1956
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$497
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Tankless Water Heater

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Driveway

    • On Street

    Property

    • Levels: One

    • Exterior Features: Fenced / Garden / Lighting / Outdoor Grill / Outdoor Shower / Sidewalk

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 363115779940710100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Propane

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,682

  • Source details

    • MLS ID: U8208823

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Outside

    • Window Features: Double Pane Windows

    • Living Area: 2212

    • 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: RE/MAX PREFERRED