Active

7304 COQUINA WAY

ST PETE BEACH FL, 33706

$1,550,000


$718.92 per sqft

Active

2,156 sqft

Multi-family

Built in 1950

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.

S5112294

MLS ID

September 13, 2024

Listed

October 2, 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

5


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 10/2/2024, 4:01 AM UTC

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