Active

$795,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1258 sq ft
Overview
  • ID: MFRU8248689
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1258 sq ft
Property Details
Remarks
This quintessential 1930’s updated beach house has retained all of its original charm and is situated just 5 short blocks from the pristine white sand beach and warm waters of the Gulf Of Mexico on St. Pete Beach, which has been voted #1 best beach in the USA, also just several short blocks from lovely and vibrant Corey Avenue. Which has great restaurants, weekly street market, numerous beach bars, many of which feature nightly live entertainment, all of which are within walking distance from this amazing home. This very well maintained property updates consist of double pane windows with custom louvered shutters, kitchen and primary bath remodels were done in 2020, patio and driveway pavers were cleaned and sealed in 2023, interior painting and ceiling fans done 7/23, new electrical wiring and panel as well as new HVAC unit in 2020. This spacious lot alone has an approx. value in the $400,000 range. The virtually maintenance free yard is completely enclosed with a vinyl privacy fence. Due to extensive renovations the county has designated this home as having an effective age of only 23 years (that’s 2001 not 1936). The 1258 sq./ft. main residence features 2 nice size bedrooms and 1 updated bathroom, the fully equipped 308 sq./ft. air conditioned In-law/guest suite features its own kitchenette, updated bath, vaulted ceiling, covered patio, and private entrance. You will enter the main home through the nice sized front screened porch with historic Cuban tile flooring, which leads into the spacious living room featuring amazingly maintained original wood floors and charming fireplace. To the left is the large, bright dining room and to the right are 2 bedrooms, all of which also feature the gleaming original wood floors as well. In the center of the home is the well equipped kitchen featuring quartz counters, soft close shaker cabinets and stainless steel appliances, which then leads to the laundry room with entrance/exits on both sides leading to the private paradise and guest suite. One side leads to the private courtyard with new hot tub installed in 7/23 and outdoor shower. The other exit opens to the paver patio perfect for lounging and the BBQ area. This area also features your own awesome Tiki Hut and beautifully landscaped private paradise. Most of the furnishings are also negotiable, enabling a possible turn key transaction. There is enough parking for 6+ vehicles in the front circular drive, RV & Boat enthusiasts, there is additional parking for those toys as well as the popular beach transportation of your own golf cart too. Such generous parking is very rare on the Gulf Beaches. When not in residence or thinking of an investment for the future, you can enjoy substantial vacation rental income to offset costs of ownership with 30 day minimum rentals. With dual rental units on 1 property, the estimated income Jan-April would be in excess of $20,000. Pay your taxes, utilities, and then some in the first 4 months of the year, after which you could simply enjoy living the beach life the rest of the year. This property is completely ready for your enjoyment.
Financial Considerations
Price:
$795,000
HOA Fee:
N/A
Tax Amount:
$7871.69
Price per SqFt:
$631.96
Tax Legal Description:
ST PETERSBURG BEACH REPLAT BLK 73, LOT 3 LESS NE 5FT
Exterior Features
Lot Size:
5105
Lot Features:
Flood Insurance Required, FloodZone, City Limits, Landscaped, Level, Near Public Transit, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Boat, Driveway, Ground Level, Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1936
Construction Type:
Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, Garden, Lighting, Outdoor Shower
Additional Features 2:
Buyer responsible for verifying lease restrictions with local municipality.
Map
  • Address
    7625 COQUINA WAY
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