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.
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
Schools
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
Map
Community
- Address7304 COQUINA WAY ST PETE BEACH FL
- SubdivisionST PETERSBURG BEACH REP
- CityST PETE BEACH
- CountyPinellas
- Zip Code33706
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Courtesy of ALTIS REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
7304 COQUINA WAY
ST PETE BEACH, FL
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