412 73RD AVE new Save Request In-Person Tour Request Virtual Tour
St Pete Beach,FL 33706
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $371
Subdivision St Petersburg Beach Rep
MLS Listing ID TB8409672
Bedrooms 4
Construction Status Completed
HOA Y/N No
Year Built 1954
Annual Tax Amount $7,400
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Source Stellar MLS
Property Description
OWNER FINANCE AVAILABLE - UNBELIEVABLE CAP RATE at Cash or owner financing - 10% IN THIS MARKET . ZONED CC-2, Commercial Corridor Gulf Blvd with PRICE IMPROVEMENT for a quick sale – Don't Miss Out on this Incredible Value! Superb LOCATION with a few minutes walk to the beach or the Corey Ave farmers market...This is a Snow-bird, Vacationer's or the owner who wants to live in the greatest beach area with the Florida dream. Discover this exceptional concrete block duplex, no drywall, nestled in sought-after St. Pete Beach – a prime investment opportunity with a sophisticated appeal and low maintenance requirement. Positioned within walking distance of pristine beaches, Boca Ciega Bay, and the bustling Corey Avenue Farmers Market, as well as an array of amenities including fitness centers, spas, restaurants, and shops, this property offers unparalleled convenience. Each unit features two bedrooms and one bathroom, with the rear unit boasting a oversized back yard to encourage a low-maintenance xeriscaping. Key Features: - Proximity to Corey Ave, St. Pete Beach, and numerous shops and restaurants. - New roof installed in 2020. - Double-pane hurricane-rated windows. • Soundproofing between units ensures enhanced privacy. • Both units are currently leased on a month-to-month at $1900. This duplex presents a lucrative investment opportunity with future rental income generating $2300 to $2600 per month (near 9%-11% CAP RATE) Whether you're considering occupying one unit and renting the other or leveraging both units for rental income, this property epitomizes the perfect blend of coastal lifestyle and financial prosperity. Don't miss out on this prime investment opportunity!
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Interior
Interior Features Other,Thermostat
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Range,Refrigerator
Laundry Common Area,Inside
Exterior
Exterior Feature Other
Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available
Water Access Yes
Water Access Desc Beach
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Private Financing Available,VA Loan
Listing Terms Cash,Conventional,Private Financing Available,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8409672