St Pete Beach, FL 33706,412 73RD AVE
St Pete Beach, FL 33706,412 73RD AVE
St Pete Beach, FL 33706,412 73RD AVE
St Pete Beach, FL 33706,412 73RD AVE
St Pete Beach, FL 33706,412 73RD AVE
St Pete Beach, FL 33706,412 73RD AVE
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$ 549,000
Est. payment | /mo

4 Beds

2 Baths

1,400 SqFt


$ 549,000
Est. payment | /mo

4 Beds

2 Baths

1,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $392

Subdivision St Petersburg Beach Rep

MLS Listing ID TB8337578

Bedrooms 4

Construction Status Completed

HOA Y/N No

Originating Board Stellar MLS

Year Built 1954

Annual Tax Amount $7,400

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Property Description

UNBELIEVABLE CAP RATE at 11% IN THIS MARKET . ZONED CC-2, Commercial Corridor Gulf Blvd with another MASSIVE PRICE IMPROVEMENT – Don't Miss This Deal!.

Same Amazing Opportunity! Now $100K Lower than original price – Don't Miss Out on this Incredible Value! Superb LOCATION... Discover this exceptional duplex 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 tastefully updated bathroom with a shower, a contemporary kitchen, and recently installed cabinets. The property is surrounded by an appealing white vinyl fence, ensuring privacy, and providing distinct outdoor areas for each unit amidst thoughtfully landscaped grounds adorned with low-maintenance xeriscaping and majestic Coconut Trees. 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% 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

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/TB8337578

Stellar MLS
Listed by EXP REALTY
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412 73RD AVE