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Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
2,032
CALLING ALL INVESTORS OR LOCALS WHO AREN'T SCARED TO MAKE $$!! YOU HAVE TO LOOK & WILL SEE THE POTENTIAL!!! Waterfront 4 unit value/add opportunity on the Intra-coastal with dock and flexible redevelopment potential. This is not a turnkey property and that’s exactly where the opportunity lies here! Located on one of the most popular intra-coastal locations in the heart of St. Pete Beach, Boca Ciega Drive offers a rare chance to acquire a waterfront multi-unit asset in a market where inventory continues to tighten and finished properties are priced at a PREMIUM! The existing footprint includes four units configured as two 2 bedroom, 1 bath units (potential) and two 1 bedroom, 1 bath units, providing multiple paths for repositioning depending on your investment strategy. The property sustained hurricane impact and requires renovation, but retains strong structural fundamentals, existing density, and a location that supports long term value and rental demand. Investors will appreciate the flexibility: Restore the 4 unit configuration for maximum income potential, Reconfigure into a duplex or triplex with larger, premium units or create a hybrid use with personal occupancy and rental income. With direct water access and a private dock, future tenants or guests can enjoy boating, kayaking, and sunset views, features that consistently command premium rents in this market. Create equity through execution rather than pay for it upfront!
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, None
-
Pet friendly
Cats OK, Dogs OK, Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Dock
-
Parking
Driveway, Open
-
Patio and Porch Features
Covered, Front Porch, Patio
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Landscaped, Near Golf Course, Near Public Transit, Paved, Waterfront
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6233.0
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,100,000
-
Tax Amount
$6,287.19
-
Sq. Footage
2, 032
-
Price/SqFt
$541
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Kristin Hallamek , ENGEL & VOLKERS BELLEAIR
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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