Homes for sale - 7304 COQUINA WAY, St Pete Beach, FL 33706

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

$1,498,000

Est. payment - /mo

2,156 SqFt

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UPDATED:

11/23/2024 01:06 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,156 sqft

Price per Sqft $694

Subdivision St Petersburg Beach Rep

MLS Listing ID S5112294

HOA Y/N No

Originating Board Stellar MLS

Year Built 1950

Annual Tax Amount $10,957

Lot Size 5,227 Sqft

Acres 0.12

Property Description

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.

Location

State FL

County Pinellas

Community St Petersburg Beach Rep

Interior

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

Heating Central, Electric, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Rain Gutters, Sidewalk, Storage

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by ALTIS REALTY

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com

7304 COQUINA WAY St Pete Beach, FL 33706