Active

$520,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1400 sq ft
Overview
  • ID: MFRTB8409672
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1400 sq ft
Property Details
Remarks
OWNER FINANCE AVAILABLE - UNBELIEVABLE CAP RATE at Cash or owner financing - 10% IN THIS MARKET . ZONED CC-2, Commercial Corridor Gulf Blvd with PRICE IMPROVEMENT for a quick sale – Don't Miss Out on this Incredible Value! Superb LOCATION with a few minutes walk to the beach or the Corey Ave farmers market...This is a Snow-bird, Vacationer's or the owner who wants to live in the greatest beach area with the Florida dream. Discover this exceptional concrete block duplex, no drywall, 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 oversized back yard to encourage a low-maintenance xeriscaping. 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%-11% 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:
$520,000
HOA Fee:
N/A
Tax Amount:
$7400
Price per SqFt:
$371.43
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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