Active

$1,125,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2156 sq ft
Overview
  • ID: MFRS5112294
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2156 sq ft
Property Details
Remarks
5 Bedrooms | 4 Bathrooms – Exceptional Investment Opportunity in St. Pete Beach This property is nearing completion on the remodeling of the two first-floor apartments, including new bathrooms, cabinets, two new electrical panels, completely new wiring, and all-new outlets. All work has been done and guaranteed by licensed contractors. The owner is willing to assist with closing costs for the buyer. Located in one of the nation’s most celebrated beach destinations, renowned for its soft, powdery sand and serene, crystal-clear waters, this exceptional multi-unit property presents a rare investment opportunity with both immediate returns and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes: • Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third has been occupied by a long-term tenant for over 10 years. • One 2-bedroom, 1-bathroom unit, currently serving as the owner's private residence. • Potential for a fifth apartment in the garage, already equipped with two drains for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting!
Financial Considerations
Price:
$1,125,000
HOA Fee:
N/A
Tax Amount:
$10957
Price per SqFt:
$521.8
Tax Legal Description:
ST PETERSBURG BEACH REPLAT BLK 57, LOT 15
Exterior Features
Lot Size:
5375
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1950
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Rain Gutters, Sidewalk, Storage
Additional Features 2:
Pinellas County and Treasure Island lease restrictions apply. Buyer must verify all if any restrictions.
Map
  • Address
    7304 COQUINA WAY
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