412 73RD AVE, ST PETE BEACH, FL, 33706
$540,000
Residential
Bedrooms
4
Bathrooms
2
Living Area
1,400 Sqft
Lot Size
5,375 Sqft
OWNER FINANCE AVAILABLE - UNBELIEVABLE CAP RATE at 11% IN THIS MARKET . ZONED CC-2, Commercial Corridor Gulf Blvd with another MASSIVE PRICE IMPROVEMENT – Don’t Miss This Deal!. Same Amazing Opportunity! Now $100K Lower than original price – Don't Miss Out on this Incredible Value! Superb LOCATION... Discover this exceptional concrete block duplex nestled in sought-after St. Pete Beach – a prime investment opportunity with a sophisticated appeal and low maintenance requirement. Positioned within walking distance of pristine beaches, Boca Ciega Bay, and the bustling Corey Avenue Farmers Market, as well as an array of amenities including fitness centers, spas, restaurants, and shops, this property offers unparalleled convenience. Each unit features two bedrooms and one bathroom, with the rear unit boasting a tastefully updated bathroom with a shower, a contemporary kitchen, and recently installed cabinets. The property is surrounded by an appealing white vinyl fence, ensuring privacy, and providing distinct outdoor areas for each unit amidst thoughtfully landscaped grounds adorned with low-maintenance xeriscaping and majestic Coconut Trees. Key Features: • Proximity to Corey Ave, St. Pete Beach, and numerous shops and restaurants. • New roof installed in 2020. • Double-pane hurricane-rated windows. • Soundproofing between units ensures enhanced privacy. • Both units are currently leased on a month-to-month at $1900. This duplex presents a lucrative investment opportunity with future rental income generating $2300 to $2600 per month (near 9% CAP RATE) Whether you're considering occupying one unit and renting the other or leveraging both units for rental income, this property epitomizes the perfect blend of coastal lifestyle and financial prosperity. Don't miss out on this prime investment opportunity!
Property Details
Property Features Property Features
MLS ID: MFRTB8378668 Year Built: 1954
Appliances: Dishwasher, Range, Refrigerator Construction Materials: Block
Cooling: Central Air Country: US
Direction Faces: West Exterior Features: Other
Flooring: Carpet, Ceramic Tile Foundation Details: Slab
Heating: Electric Laundry Features: Common Area, Inside
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, Private Financing Available, VA Loan Occupant Type: Tenant
Pets Allowed: Yes Property Condition: Completed
Property Sub Type: Half Duplex Property Type: Residential
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water Source: Public
Rooms Rooms
Living Room: 14x18 ft Kitchen: 14x7 ft
Bathroom 2: 14x11 ft Primary Bedroom: 14x11 ft
Bathroom 1: 7x7 ft
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