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7304 Coquina Way
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PRICED AT ONLY: $949,900

Address: 7304 Coquina Way, ST PETE BEACH, FL 33706

Description

Seller is offering $25,000, which may be provided as a check at closing or applied toward the buyers closing costs, at the buyers discretion. Exceptional investment opportunity in St. Pete Beach. Renovations to the two first floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nations most celebrated beach destinationsrenowned for its soft, powdery sand and serene, crystal clear watersthis exceptional, fully furnished, multi unit property presents a rare investment opportunity with both immediate income and long term value. This well maintained fourplex features four distinct units within a single, solid block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on site for many years. The property includes three 1 bedroom, 1 bathroom unitstwo currently rented short term and one occupied by a long term tenant for over 10 yearsand one 2 bedroom, 1 bathroom unit currently used as the owners private residence. Average rental income is approximately $1,800 month for a 1 bedroom and $2,400 for a 2 bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Floridas most sought after coastal markets. Dont miss this chance to acquire a high quality, income generating property in a prime beachside setting. The seller is motivated and open to working with serious buyers to ensure a smooth and successful transaction.
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  • MLS#: S5112294 ( Residential Income )
  • Street Address: 7304 Coquina Way
  • Viewed: 163
  • Price: $949,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 4
  • Days On Market: 487
Request More Information
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Rain Gutters, Sidewalk, Storage
  • Living Area: 2156.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Ductless
  • Sewer: Public Sewer
  • Utilities: 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: 2023
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
  • Legal Description: ST PETERSBURG BEACH REPLAT BLK 57, LOT 15
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Parcel Number: 36-31-15-77994-057-0150
  • Views: 163
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