6 Beds
4 Baths
2,032 SqFt
6 Beds
4 Baths
2,032 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,032 sqft
Price per Sqft $541
Subdivision Bayside 4Th Add To St Pete Beach
MLS Listing ID TB8445637
Bedrooms 6
HOA Y/N No
Year Built 1956
Annual Tax Amount $6,287
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x124
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
4 unit value/add opportunity on the Intra-coastal with dock and flexible redevelopment potential. This is not a turnkey property and that's exactly where the opportunity lies here! Located on one of the most popular intra-coastal locations in the heart of St. Pete Beach, Boca Ciega Drive offers a rare chance to acquire a waterfront multi-unit asset in a market where inventory continues to tighten and finished properties are priced at a PREMIUM! The existing footprint includes four units configured as two 2 bedroom, 1 bath units (potential) and two 1 bedroom, 1 bath units, providing multiple paths for repositioning depending on your investment strategy. The property sustained hurricane impact and requires renovation, but retains strong structural fundamentals, existing density, and a location that supports long term value and rental demand. Investors will appreciate the flexibility: Restore the 4 unit configuration for maximum income potential, Reconfigure into a duplex or triplex with larger, premium units or create a hybrid use with personal occupancy and rental income. With direct water access and a private dock, future tenants or guests can enjoy boating, kayaking, and sunset views, features that consistently command premium rents in this market. Create equity through execution rather than pay for it upfront!
Location
State FL
County Pinellas
Community Bayside 4Th Add To St Pete Beach
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Thermostat, Window Treatments
Heating Central, None
Cooling Central Air, Wall/Window Unit(s)
Flooring Terrazzo
Furnishings Unfurnished
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Fence, Sidewalk
Parking Features Driveway, Open
Utilities Available Public
Waterfront Description Intracoastal Waterway
View Y/N Yes
Water Access Yes
Water Access Desc Intracoastal Waterway
View Water
Roof Type Other
Porch Covered, Front Porch, Patio
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, City Limits, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://hdmphotography.hd.pics/7815-Boca-Ciega-Dr/idx
Schools and Properties Nearby
MY BLOGS
Learn More About LPT Realty