4420 37th Street #110

Saint Petersburg, FL 33711

  • 12 Bed(s)
  • 12 Bath(s)
  • 7,840 Sqft
  • 0.42
    Acre(Lot)
$2,000,000

Description

Under contract-accepting backup offers. *no flooding or damage from helene or milton**

**new roof**

10-unit income-producing property located in the heart of the newly invigorated skyway marina district in st petersburg, florida. uniquely subdivided with individually parceled units for easy condo conversion.

this well-maintained concrete block multifamily has huge upside potential with current rents below market. 6 of the 10 units have been updated within the past 2 years. comprised of (8)1 bedroom/1 bath and (2) 2 bedroom/2 bath units nicely appointed and well maintained. each unit has a private covered patio space facing westward, perfect for taking in the coastal breeze while watching the sunset over the pinellas trail.

6 units are on month-to-month leases. add value by stabilizing rents or selling individually. freshly painted exterior. the newly renovated detached laundry provides an additional income stream opportunity. 10 tandem off-street parking spots for tenants and additional spaces for guests. units are individually metered with each tenant paying for their electricity. owner currently pays water/sewer/garbage, but verbiage in the lease allows this expense to be passed through to tenants.

first-class walkability. the pinellas trail runs directly in front of the building. situated adjacent to multi-million dollar waterfront neighborhoods. within blocks of area favorites: starbucks, tiki docks, maximo marina, and publix. the skyway marina district has been experiencing rapid expansion and change with more development on the way, including a new sprouts farmers market. easy access to i-275, us19, eckerd college, dt st pete, and area beaches.

*do not disturb tenants*do not walk property* contact ashley frazier for offering memorandum and financials.

  • Property Type

    Residential

  • Subdivision

    Caribbean Condo

  • County

    Pinellas

  • Style

    Residential

  • AD ID

    46152269

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Property Details

  • Bedroom Information

    • Total Bedroom: 12

    Bathroom Information

    • Total Baths: 12
    • Full Baths: 12

    Interior Features

    • Window Treatments
    • Roof: Other
    • Appliances: Dishwasher, Microwave, Range, Refrigerator
    • Laundry Features: Common Area

    Roofing Information

    • Other

    Flooring Information

    • Flooring: Ceramic Tile
    • Construction Materials: Block

    Heating & Cooling

    • Heating: Central
    • Cooling: Central Air
    • WaterSource: Public

  • Building Information

    • Year Built: 1969

    Exterior Features

    • Balcony, Hurricane Shutters, Lighting, Private Mailbox
    • Construction Materials: Block
    • Foundation Details: Slab

  • Lot Information

    • Lot Dimensions: 145 x 125
    • Lot Description: Flood Insurance Required, FloodZone, Landscaped, Near Public Transit
    • Lot Square Feet: 18125
    • Lot Acres: 0.42

    Property Information

    • Property Type: Residential
    • Sub Type: Condominium

  • Listing Price Information

    • Original List Price: $2000000

  • Tax Information

    • Annual Tax: $10458
    • Tax Year: 2022
    • Parcel Number: 03-32-16-13459-000-0010

  • Homeowners Association Information

    • Included Fees: None

  • Utility Information

    • Cable Connected, Electricity Connected, Public

    Location Information

    • Subdivision: CARIBBEAN APTS CONDO
    • City: ST PETERSBURG
    • Direction: From US Highway 19 S: head WEST on 46th Ave S then head NORTH on 37th St S. Property will be on the EAST side of 37th St S.
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BuyOwner last updated this listing Fri Dec 20 2024

  • MLS: MFRU8246435
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 12 bedrooms which is recently sold, it has 7,840 sqft, 0 sized lot, and 0 parking. and are nearby neighborhoods.