$2,000,000
4420 37th St S # 1-10, Saint Petersburg, FL 33711
- 12Beds
- 12Baths
- 7840SqFt
- 12Beds
- 12Baths
- 7840SqFt
- Property TypeCondo
- Year Built1969
- Price per Sqft$255
- On highrises149 Days
Property Details
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 Features
Bedrooms
- Bedrooms: 12
- Primary Bedroom Dimensions: 12 x 12
- Primary Bedroom Level: First
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Ashley Frazier
- state license#3442859
- Brokered by:
- DALTON WADE INC
- (888) 668-8283