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Palm Beach Post
For Sale For Rent
Advertise
bedrooms Pending
bedrooms
bedrooms
12
bathrooms
bathrooms
12
square feet
square feet
7,840
acreage
Acreage
0.42
open houses
Open Houses
-
year built
year built
1969
full baths
Full Baths
12
half baths
Half Baths
0
Under contract-accepting backup offers. *NO FLOODING OR DAMAGE FROM HELENE OR MILTON** **NEW ROOF** 10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District in St Petersburg, Florida. Uniquely subdivided with individually parceled units for easy CONDO CONVERSION. This well-maintained concrete block multifamily has huge upside potential with current rents below market. 6 of the 10 units have been updated within the past 2 years. 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 over the Pinellas Trail. 6 units are on month-to-month leases. Add value by stabilizing rents or selling individually. Freshly painted exterior. The newly RENOVATED detached laundry provides an additional income stream opportunity. 10 tandem off-street parking spots for tenants and additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage, but verbiage in the lease allows this expense to be passed through to tenants. 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* Contact Ashley Frazier for Offering Memorandum and Financials.
Location
Subdivision CARIBBEAN APTS CONDO
County Pinellas
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: U8246435
Listing agent: Ashley Frazier #3442859
Listing broker: Dalton Wade, Inc. (727) 888-4175
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, December 12 2024 at 8:17 p.m. EST
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