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.