6 to 7 unit apartment/motel, 1 bedroom/1 bath units zoned commercial...in the heart of St. Pete Beach "Redevelopment" area, 1 tenth of a mile to the Gulf of Mexico. Waterfront parks, restaurants/bars and stores. #1 $750 #2+3 $700 #4+5 $800 #6 $575 = $ 51,100 Tenants pay own electric Water is about $200 a quarter All management (Owner) Being all are one year leases,no need for on-site manager Units can be rented daily at $60-$100 if want....this would be QUITE an increase in revenue....with full occupancy at $60 a night = $131,400 a year....in this case house would pay all utilities. Rents reflect length of occupancy.
Listing courtesy of Century 21 Beggins. Selling Office: CENTURY 21 BEGGINS.
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