4420 37TH STREET S #1-10
St Petersburg, FL 33711
$2,000,000
7840 sqft | 12 beds | 12 baths | 0.42 acres | #U8246435
For Sale
Description
*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.
Interior Details
Interior Features
- Interior:Window Treatments
Beds & Baths
- Bedrooms:12
- Bathrooms:12
- Full Baths:12
Property Details
Property
- Stories:2
- Lot description:Flood Insurance Required, FloodZone, Landscaped, Near Public Transit
- Exterior materials:Balcony, Hurricane Shutters, Lighting, Private Mailbox
Measurements
- Acres:0.42
- Square Feet:7840
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1969
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Utility features:Cable Connected, Electricity Connected, Public
Community and Neighborhood Details
Community
- Subdivision:CARIBBEAN APTS CONDO
Location
- County:Pinellas
Financial Details
Pricing Details
- Original List Price:$2, 000, 000
- Days on Market (Cumulative):138
- Taxes annual:$10, 458
Other
Source
- MLS #:U8246435
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Patricio R. Mosquera
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Ashley Frazier
Listing Office: DALTON WADE INC
Patricio R. MosqueraReal Estate Group
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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