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Bobby Baldor

[email protected] +1(407) 342-6980

$ 2,000,000

Est. payment -/mo

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4420 37TH ST S #1-10 St Petersburg, FL 33711

12 Beds

12 Baths

7,840 SqFt

UPDATED:

08/27/2024 02:38 AM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 7,840 sqft

Price per Sqft $255

Subdivision Caribbean Apts Condo

MLS Listing ID U8246435

Bedrooms 12

Full Baths 12

HOA Y/N No

Originating Board Stellar MLS

Year Built 1969

Annual Tax Amount $10,458

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 145 x 125

Property Description

**NEW ROOF TO BE COMPLETED BY SEPTEMBER 1, 2024** 10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District. Uniquely subdivided with individually parceled units for easy CONDO CONVERSION, just update the Condo Docs. This well-maintained concrete block multifamily has huge upside potential with current rents below market. 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. Month-to-month leases allow the buyer to add value by stabilizing rents or selling individually. Freshly painted exterior. The detached laundry with 4 coin-operated machines provides an additional income stream. Newly resurfaced car parking with 10 tandem spots for tenants and 3 additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage. 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*

Location

State FL

County Pinellas

Community Caribbean Apts Condo

Zoning NSM-1

Direction S

Interior

Interior Features Window Treatments

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace false

Appliance Dishwasher, Microwave, Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Balcony, Hurricane Shutters, Lighting, Private Mailbox

Community Features None

Utilities Available Cable Connected, Electricity Connected, Public

Waterfront false

Roof Type Other

Garage false

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, Landscaped, Near Public Transit

Story 2

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

HOA Fee Include None

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Listed by DALTON WADE INC

Bobby Baldor

Broker Associate | License ID: BK3217257

+1(407) 342-6980

Bobby Baldor

4420 37TH ST S #1-10 St Petersburg, FL 33711

Key Details

Location

Interior

Exterior

Building

Others

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4420 37TH ST S #1-10