St Pete Beach, FL 33706

$450,000
2,296
SqFt
Sold Price
$450,000
List Price
$460,000
Status
Sold
Closing Date
Jul 21, 2017
MLS#
U7818627
Property Style
Multi-Family
Year Built
1948
Living Area
2,296
Lot Size
11,069
Acres
0.25
Total Acreage
1/4 Acre to 21779 Sq. Ft.
Legal Subdivision Name
Gulfwinds Sub
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

LOCATION, LOCATION, LOCATION! This wonderful 5 units multifamily is located in the heart of desirable St Pete Beach! Great location for an income producing property, with LOTS of POSSIBILITIES! Only a couple blocks from the beach. Walking distance to downtown, shops, restaurants and Gulf Blvd area. This is a well maintained property, with a great rental history, very easy to rent year around to long term tenants or to do a seasonal/ vacation rentals. All units are 1 bed / 1 bath, currently rented for the same tenants for more than 3 years with month to month leases. Current rent rate for similar units in the area is $950 - $1,050!! ** The property on the back end of the lot (fully rented Triplex) owned by the same seller and can be bought together. Property together with 6875 Blind Pass Rd (MLS: U781848) gives owner approximately 19,576 SqFt/ 0.44 acers lot size. Properties are back to back.

Additional Information

Taxes
$5021
Annual Gross Income
57000
Location
City Limits, Near Public Transit, Paved
Community Features
No Deed Restriction
Property Description
One Story
Utilities
Electricity Connected
Heating
Electric, Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Fence, Other
Roof
Shingle
Pool
No Pool
Garage Carport
None
Garage Features
None
Flood Zone Code
AE
Parcel ID
36-31-15-34776-002-0040
Legal Description
GULFWINDS SUB BLK 2, LOT 4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Future Home Realty Inc. Selling Office: RUSSELL PROPERTY GROUP LLC.

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