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503 & 509 69th Avenue
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PRICED AT ONLY: $800,000

Address: 503 & 509 69th Avenue, ST PETE BEACH, FL 33706

Description

Income Producing Properties Offered as Part of a 3 Lot St. Pete Beach Portfolio. Pricing on this is pricing on the 2 income properties; but only being sold with together. These two income producing lots are being sold together as part of a larger three property portfolio, which also includes an additional vacant lotcreating a rare and strategic redevelopment opportunity in the heart of St. Pete Beach. (Note: a 10 unit 2 lot opportunity can also create a larger portfolio call for details). Spanning CC 2 Commercial Corridor and UBV Urban Beach Village zoning, the portfolio offers exceptional flexibility for redevelopment, including short term rentable townhomes, boutique lodging, or mixed use concepts. The existing duplexes have consistently generated income, allowing buyers to benefit from cash flow while planning future development. This package represents one of the lowest price per square foot income producing opportunities currently available in St. Pete Beach (excluding the vacant lot), making it a compelling option for investors focused on equity growth and long term upside. Portfolio Highlights: **3 total lots (over 15,000 sq. ft. of land) **5 existing rental units plus 1 vacant lot **Proven rental history with established tenants **Zoning that supports vacation rentals and redevelopment **Prime location near beaches, dining, and entertainment **Owner willing to offer up to 50% seller financing Whether your goal is to hold for cash flow, reposition and redevelop, or secure a rare multi lot footprint in one of Floridas strongest beach rental markets, this portfolio delivers unmatched flexibility and value. Opportunities of this scale and zoning diversity in St. Pete Beach are increasingly rare. Inquire today for details and to explore the full potential of this three property offering or a five property (15 rentals & vacant lot) offering.
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  • MLS#: TB8337608 ( Residential Income )
  • Street Address: 503 & 509 69th Avenue
  • Viewed: 118
  • Price: $800,000
  • Price sqft: $382
  • Waterfront: No
  • Year Built: 1941
  • Bldg sqft: 2094
  • Bedrooms: 4
  • Total Baths: 5
  • Days On Market: 367
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Carpet
  • Living Area: 2094.00
  • Roof: Shingle
Land Information
  • Lot Features: Corner Lot, City Limits, Near Public Transit
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: None
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Ductless
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: ST PETERSBURG BEACH 1ST ADD BLK 2, LOT 11, 12 & 13
  • Levels: One
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 36-31-15-78336-002-0110
  • Views: 118
  • Zoning Code: CC2
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