Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
2,156
Seller is offering $25,000, which may be provided as a check at closing or applied toward the buyer’s closing costs, at the buyer’s discretion. Exceptional investment opportunity in St. Pete Beach. Renovations to the two first-floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all-new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nation’s most celebrated beach destinations—renowned for its soft, powdery sand and serene, crystal-clear waters—this exceptional, fully furnished, multi-unit property presents a rare investment opportunity with both immediate income and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes three 1-bedroom, 1-bathroom units—two currently rented short-term and one occupied by a long-term tenant for over 10 years—and one 2-bedroom, 1-bathroom unit currently used as the owner’s private residence. Average rental income is approximately $1,800 month for a 1-bedroom and $2,400 for a 2-bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. The seller is motivated and open to working with serious buyers to ensure a smooth and successful transaction.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Open Floorplan
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric, Ductless
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Rain Gutters, Storage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.12
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$949,900
-
Tax Amount
10957.0
-
Sq. Footage
2, 156
-
Price/SqFt
$440
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
15
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Vicente Virgilio , ALTIS REALTY
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