10822 NAVAJO DRIVE SAINT PETERSBURG FL 33708 MLS #R4908050

10822 NAVAJO DRIVE
SAINT PETERSBURG, FL, 33708
$3,950,000
Beds
0 Baths
14,262 SqFt
2.05 Acres
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The Alcove at Madeira beach  represents a rare investment opportunity in one of the most desired real estate markets in the country.
The property consists of  18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units via current zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth.

Unit mix consists of  five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit.   *Unit walkthrough videos & tours available upon request *

Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.

Property Details

Price:
$3,950,000
MLS #:
R4908050
Status:
Active
Beds:
0
Baths:
0
Address:
10822 NAVAJO DRIVE
Type:
Commercial
Subtype:
Multi Family
Subdivision:
EDGEWATER ESTATES
Neighborhood:
33708 – St Pete/Madeira Bch/N Redington Bch/Shores
City:
SAINT PETERSBURG
Listed Date:
Jun 26, 2024
State:
FL
Finished Sq Ft:
14,262
Total Sq Ft:
14,262
ZIP:
33708
Lot Size:
89,150 sqft / 2.05 acres (approx)
Year Built:
1948
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Gary Kusher

Gary Kusher

Realtor®

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Schools

Interior

Cooling
Central Air
Flooring
Laminate

Exterior

Construction Materials
Block

Financial

Tax Year
2023
Taxes
$39,139

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10822 NAVAJO DRIVE
SAINT PETERSBURG, FL