7304 Coquina Way, St Pete Beach, FL 33706
- Beds
- 5
- Baths
- 4
- Sqft
- 2,156
View property features, location on map, relevant school information and overview from seller's agent.
- 3
- 0
Overview
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. The property also features a brand-new roof, adding long-term value and peace of mind. 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 nation’s most celebrated beach destinations, renowned for its soft, powdery sand and serene, crystal-clear waters, this 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 units, two currently rented short-term and one occupied by a long-term tenant for over 10 years, and one 2-bedroom, 1-bathroom unit currently used as the owner’s private residence. Average rental income is approximately $1,800 per 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 Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. The seller is highly motivated and open to working collaboratively with qualified buyers to achieve a smooth and successful transaction.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 5
- Number of bathrooms
- 4
- Square feet
- 2,156
- Lot size (acres)
- 0.12
- Year built
- 1950
Utilities
- Heating
- Central, Electric, Ductless
- Cooling
- Central air, Wall/window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2023)
- $10,957
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: S5112294 Last checked: …
