Expand Gallery
/
$2,000,000
12
beds
12
baths
7,840
sqft
Real Estate Professional
C.

Description

**NEW ROOF TO BE COMPLETED BY SEPTEMBER 1, 2024** 10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District. Uniquely subdivided with individually parceled units for easy CONDO CONVERSION, just update the Condo Docs. This well-maintained concrete block multifamily has huge upside potential with current rents below market. Comprised of (8)1 bedroom/1 bath and (2) 2 bedroom/2 bath units nicely appointed and well maintained. Each unit has a private covered patio space facing westward, perfect for taking in the coastal breeze while watching the sunset. Month-to-month leases allow the buyer to add value by stabilizing rents or selling individually. Freshly painted exterior. The detached laundry with 4 coin-operated machines provides an additional income stream. Newly resurfaced car parking with 10 tandem spots for tenants and 3 additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage. First-class walkability. The Pinellas Trail runs directly in front of the building. Situated adjacent to multi-million dollar waterfront neighborhoods. Within blocks of area favorites: Starbucks, Tiki Docks, Maximo Marina, and Publix. The Skyway Marina District has been experiencing rapid expansion and change with more development on the way, including a new Sprouts Farmers Market. Easy access to I-275, US19, Eckerd College, DT St Pete, and area beaches.*DO NOT DISTURB TENANTS*DO NOT WALK PROPERTY*


Listed by Ashley Frazier, .

Property Highlights

  • Heating / Cooling: Central
  • Property Type: Condo/Co-op, Condominium
  • MLS #: U8246435

General Information

Area 33711 - St Pete/Gulfport
Number of Lots 10
Property Subtype Residential
Property Type Condominium
Subdivision Caribbean Apts Condo
Taxes $10,458
Utilities Cable Available, Cable Connected, Electricity Connected

Room Information

Flooring Ceramic Tile
Full Baths 12
Laundry Common Area
Total Baths 12
Total Beds 12

Property Features

Additional Parcels Yes
Appliances Dishwasher, Microwave, Range, Refrigerator
Construction Materials Block
Cooling Central Air
Direction Faces West
Exterior Features Balcony, Lighting
Heating Central
Interior Square Footage 7,840
Lot Size Acres 0.42
Lot Size Dimension 145 x 125
Lot Size Square Feet 18,125
Other Structures Other
Roof Other
Rooms 3
Sewer Public Sewer
Stories One
Water Source Public
$2,000,000
12
beds
12
baths
7,840
sqft
Real Estate Professional
C.
Location
4420 37th Street S #1-10, St Petersburg, FL 33711 Driving Directions
Similar Listings
St. Petersburg Area
Nearby Schools
Listed by Ashley Frazier, Dalton Wade Inc.

Contact Me

Fill out the below information for me to help you find what you need.