Sarasota's Premier Homes

340 78TH AVENUE

ST PETE BEACH, FL 33706

MLS#: A4691214

$1,299,000

Status: Active
Listing number: A4691214
Listing provided by: KW SUNCOAST
Listing agent phone: None
Last update: 3 days ago
New on site 3 days ago
Browse Properties
ST PETERSBURG BEACH REP - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

2,647

5-Unit Multifamily Near St. Pete Beach – Fully Renovated 2025 Income-producing 5-unit multifamily property located just minutes from St. Pete Beach. Ideal for investors seeking income in a high-demand coastal market. Fully renovated and completed in May 2025, this property offers updated interiors and improved overall condition, providing a turnkey opportunity. Property features five separate units with flexible layouts suitable for long-term or short-term vacation use (buyer to verify local regulations). Strong tourism and rental demand in the surrounding area provide potential for consistent occupancy. Conveniently located near beaches, dining, shopping, and major access routes to downtown St. Petersburg and surrounding Gulf Coast destinations. Community amenities include a pool and fitness center, enhancing tenant and guest appeal. Additional highlights include on-site parking and potential for continued value appreciation. Suitable for a range of investment strategies. Buyer to verify all measurements, zoning, and rental restrictions.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Central, Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Interior Lot, Landscaped, Paved

  • Lot Size(acres)

    0.16

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,299,000

  • Tax Amount

    $8,889.45

  • Sq. Footage

    2, 647

  • Price/SqFt

    $490

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    15

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Jon Sullivan , KW SUNCOAST

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Agent Michael Graf

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Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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5-Unit Multifamily Near St. Pete Beach – Fully Renovated 2025 Income-producing 5-unit multifamily property located just minutes from St. Pete Beach. Ideal for investors seeking income in a high-demand coastal market. Fully renovated and completed in May 2025, this property offers updated interiors and improved overall condition, providing a turnkey opportunity. Property features five separate units with flexible layouts suitable for long-term or short-term vacation use (buyer to verify local regulations). Strong tourism and rental demand in the surrounding area provide potential for consistent occupancy. Conveniently located near beaches, dining, shopping, and major access routes to downtown St. Petersburg and surrounding Gulf Coast destinations. Community amenities include a pool and fitness center, enhancing tenant and guest appeal. Additional highlights include on-site parking and potential for continued value appreciation. Suitable for a range of investment strategies. Buyer to verify all measurements, zoning, and rental restrictions.

340 78TH AVENUE

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*Do Not Disturb Tenants* Positioned in the heart of Corey Avenue, this boutique retail property offers a rare opportunity to acquire a stabilized, walkable street-retail asset in one of St. Pete Beach’s most recognizable commercial districts. Corey Avenue serves as a central gathering point for both residents and visitors, with a strong mix of restaurants, shops, and neighborhood-serving businesses. The property benefits from consistent pedestrian activity driven by its walkable layout, proximity to the beach, and recurring community events. The Corey Avenue Sunday Market is a key driver of weekly foot traffic, bringing a steady flow of visitors directly into the corridor and supporting surrounding retail performance. The nearby Beach Theatre further enhances the area’s identity as a destination-oriented district. The building is leased to Vaughn Law and Elizabeth’s Boutique, providing a complementary tenant mix that adds stability to the income stream. Vaughn Law benefits from prominent signage and visibility along the corridor, while the plaza on Elizabeth’s Boutique lends to the experiential character of Corey Avenue. The site includes rear parking, offering practical functionality for tenants and visitors. The layout allows for efficient use of the space and supports tenant operations in a market where parking is limited and highly valued. Tenants are well-established and comfortable in the space, contributing to the overall stability of the property. Over time, the asset presents the opportunity for rental growth as the corridor continues to strengthen and surrounding investment increases. Corey Avenue is located within the City’s Town Center zoning district, which is intended to support walkable retail, dining, and mixed-use development. Ongoing planning efforts and nearby redevelopment activity, including proposed projects within the Corey Avenue district, continue to reinforce the long-term viability and growth of the area. This offering presents a balanced investment profile with stable income today and the potential for future appreciation in a highly constrained beach retail market. All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information. This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase. Call Jake Wollman for details on the portfolio offering and to schedule a private showing.
#TB8495430

ST PETE BEACH

350 COREY AVENUE

None Beds

None Baths

3,958 Sq.Ft.

$1,550,000

MLS#: TB8495430

- property

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