Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1954
Sq.Footage
1,400
$100K PRICE DROP – Investor Opportunity in St. Pete Beach! This exceptional income-producing duplex offers a rare combination of coastal lifestyle, location, and investment potential with a projected 10%+ CAP rate. Located just blocks from the pristine sands of St. Pete Beach, Boca Ciega Bay, and the popular Corey Avenue Farmers Market, this property is ideal for short- or long-term rental income (buyer to verify local STR regulations). Each unit features two bedrooms and one bathroom with private outdoor spaces, back unit has a large yard & private back fence surrounded by low-maintenance xeriscaping. The property is being sold AS IS and sustained minor interior damage from recent hurricanes, providing a chance for value-add upgrades. This solid-block duplex is very durability with ease of ownership, some structural features include a roof installed in late 2023 (less than 2 years old), hurricane-rated double-pane windows (2014), and soundproofing between units—ensuring long-term durability, comfort, and lower future maintenance costs - making it attractive for both tenants and owner-occupants. Ideally located within walking distance to restaurants, spas, gyms, shops, and entertainment. With projected rental income of $2400–$2700 per unit/month, offering strong cash flow potential, Investors can maximize returns by renting both units or occupying one and leasing the other. Don’t miss this rare opportunity to own a low-maintenance, income-generating duplex in one of Florida’s most desirable coastal markets.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
4
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
Exterior
-
Garage
No
-
Construction Materials
Concrete
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.12
-
Property Type
Residential
Price
-
Sales Price
$520,000
-
Tax Amount
7123.0
-
Sq. Footage
1, 400
-
Price/SqFt
$371
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Valerie McClary , EXP REALTY
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