Active

7304 COQUINA WAY

ST PETE BEACH FL, 33706

$1,498,000


$694.81 per sqft

Active

2,156 sqft

Multi-family

Built in 1950

5 Bedrooms, 4 Bathrooms - Additionally, there is potential to create a fifth unit, further enhancing rental income opportunities.
Prime Investment Opportunity in the Heart of St. Pete Beach!
This exceptional multi-unit property is located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters. Perfectly suited for investors, it offers both immediate rental income and significant long-term potential.
The property features four well-maintained units within a single, solid-block building, ensuring durability and substantial insurance savings. Each unit is equipped with its own electric meter, simplifying management and offering tenant independence.
Outdoor amenities include a private patio for relaxation and a separate laundry facility. The sprinkler system is in excellent working condition, reflecting the high standard of care provided by the current owners, who have resided on-site for many years.
The layout includes:
Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third is occupied by a long-term tenant of over 10 years.
A 2-bedroom, 1-bathroom unit currently serving as the owners' private residence.
This is a unique chance to acquire a turnkey investment in the premier St. Pete Beach area, providing excellent returns in one of Florida's most sought-after coastal markets.

S5112294

MLS ID

September 13, 2024

Listed

November 22, 2024

Updated

Map

7304 COQUINA WAY
ST PETE BEACH FL, 33706

Interior Features

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Open Floorplan


Laundry Description

Laundry Room


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Electric, Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.12 Acres


Exterior Features

Rain Gutters, Sidewalk, Storage


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl


Taxes

$10,957


Tax Frequency

Annually


Days on Market

50


Association Fee Frequency

Monthly


Garage

No


View

No


County

Pinellas


Municipality

31


Water Source

Public


Pool

No

Listed by ALTIS REALTY
Listing Contact: 407-401-7447 

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Data last updated 11/22/2024, 10:36 PM UTC

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