7304 COQUINA WAY ST PETE BEACH FL 33706 MLS #S5112294

7304 COQUINA WAY
ST PETE BEACH, FL, 33706
$1,550,000
Beds
0 Baths
2,156 SqFt
0.12 Acres
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Prime Investment Opportunity: Multi-Unit Property in the Heart of St. Pete Beach.
Located in one of the nation’s most celebrated beach destinations, known for its powdery sands and serene, clear waters, this exceptional multi-unit property offers a rare opportunity for investors seeking both immediate returns and long-term value.
This well-maintained property features four distinct units, all housed within a single, solid-block building, providing substantial savings on insurance costs. Each apartment is equipped with its own electric meter, allowing tenants autonomy and reducing management complexity.
The outdoor space includes a fully furnished patio, secured by a reinforced privacy fence, ensuring a serene environment for residents. A separate laundry facility, fitted with coin-operated machines, provides an additional revenue stream. The sprinkler system is in excellent working condition, further reflecting the high standard of maintenance, with the current owners having lived on-site for many years.
The property comprises three 1-bedroom, 1-bathroom units, two of which are rented short-term, and a third occupied by a long-term tenant of over 10 years. The fourth unit, offering 2 bedrooms and 1 bathroom, serves as the owners’ private residence.
This listing represents a unique chance to acquire a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets.

Property Details

Price:
$1,550,000
MLS #:
S5112294
Status:
Active
Beds:
0
Baths:
0
Address:
7304 COQUINA WAY
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ST PETERSBURG BEACH REP
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
ST PETE BEACH
Listed Date:
Sep 13, 2024
State:
FL
Finished Sq Ft:
2,156
ZIP:
33706
Lot Size:
5,375 sqft / 0.12 acres (approx)
Year Built:
1950
Units:
4
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Interior

Cooling
Central Air, Wall/ Window Unit(s)
Heating
Central, Electric, Wall Units / Window Unit
Laundry Features
Laundry Room

Exterior

Construction Materials
Block
Exterior Features
Rain Gutters, Sidewalk, Storage
Roof
Shingle

Financial

Tax Year
2023
Taxes
$10,957

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7304 COQUINA WAY
ST PETE BEACH, FL