Active

$549,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1400 sq ft
Overview
  • ID: MFRTB8337578
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1400 sq ft
Property Details
Remarks
OWNER FINANCE AVAILABLE - UNBELIEVABLE CAP RATE at 11% IN THIS MARKET . ZONED CC-2, Commercial Corridor Gulf Blvd with another MASSIVE PRICE IMPROVEMENT – Don’t Miss This Deal!. Same Amazing Opportunity! Now $100K Lower than original price – Don't Miss Out on this Incredible Value! Superb LOCATION... Discover this exceptional duplex nestled in sought-after St. Pete Beach – a prime investment opportunity with a sophisticated appeal and low maintenance requirement. Positioned within walking distance of pristine beaches, Boca Ciega Bay, and the bustling Corey Avenue Farmers Market, as well as an array of amenities including fitness centers, spas, restaurants, and shops, this property offers unparalleled convenience. Each unit features two bedrooms and one bathroom, with the rear unit boasting a tastefully updated bathroom with a shower, a contemporary kitchen, and recently installed cabinets. The property is surrounded by an appealing white vinyl fence, ensuring privacy, and providing distinct outdoor areas for each unit amidst thoughtfully landscaped grounds adorned with low-maintenance xeriscaping and majestic Coconut Trees. Key Features: • Proximity to Corey Ave, St. Pete Beach, and numerous shops and restaurants. • New roof installed in 2020. • Double-pane hurricane-rated windows. • Soundproofing between units ensures enhanced privacy. • Both units are currently leased on a month-to-month at $1900. This duplex presents a lucrative investment opportunity with future rental income generating $2300 to $2600 per month (near 9% CAP RATE) Whether you're considering occupying one unit and renting the other or leveraging both units for rental income, this property epitomizes the perfect blend of coastal lifestyle and financial prosperity. Don't miss out on this prime investment opportunity!
Financial Considerations
Price:
$549,000
HOA Fee:
N/A
Tax Amount:
$7400
Price per SqFt:
$392.14
Tax Legal Description:
ST PETERSBURG BEACH REPLAT BLK 47, LOT 8
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:
4
Bathrooms:
2
Heating:
Electric
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1954
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
This is zoned Commercial...buyers and agent to verify with city.
Map
  • Address
    412 73RD AVE
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