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4420 37th Street S 1-10, ST PETERSBURG, FL 33711
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Priced at Only: $2,000,000
For more Information Call:
(352) 279-4408
Address: 4420 37th Street S 1-10, ST PETERSBURG, FL 33711
Property Location and Similar Properties
- MLS#: U8246435 ( Residential )
- Street Address: 4420 37th Street S 1-10
- Viewed: 24
- Price: $2,000,000
- Price sqft: $255
- Waterfront: No
- Year Built: 1969
- Bldg sqft: 7840
- Bedrooms: 12
- Total Baths: 12
- Full Baths: 12
- Days On Market: 150
- Additional Information
- Geolocation: 27.7279 / -82.6814
- County: PINELLAS
- City: ST PETERSBURG
- Zipcode: 33711
- Subdivision: Caribbean Apts Condo
- Building: Caribbean Apts Condo
- Provided by: DALTON WADE INC
- Contact: Ashley Frazier
- 888-668-8283
- DMCA Notice
-
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. 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Hurricane Shutters, Lighting, Private Mailbox
- Flooring: Ceramic Tile
- Living Area: 7840.00
- Other Structures: Other
- Roof: Other
Land Information
- Lot Features: Flood Insurance Required, FloodZone, Landscaped, Near Public Transit
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Public
Finance and Tax Information
- Home Owners Association Fee Includes: None
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2022
Other Features
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Association Name: Condo Docs and Fees Not Currently Enforced.
- Country: US
- Interior Features: Window Treatments
- Legal Description: CARIBBEAN APTS CONDO UNIT 1; CARIBBEAN APTS CONDO UNIT 2; CARIBBEAN APTS CONDO UNIT 3; CARIBBEAN APTS CONDO UNIT 4; CARIBBEAN APTS CONDO UNIT 5; CARIBBEAN APTS CONDO UNIT 6; CARIBBEAN APTS CONDO UNIT 7; CARIBBEAN APTS CONDO UNIT 8; CARIBBEAN APTS CONDO UNIT 9; CARIBBEAN APTS CONDO UNIT 10
- Levels: One
- Area Major: 33711 - St Pete/Gulfport
- Occupant Type: Tenant
- Parcel Number: 03-32-16-13459-000-0010
- Unit Number: 1-10
- Views: 24
- Zoning Code: NSM-1
- Tropic Shores Realty
- A Winning Team
- 352.684.7371
- tropicshoresrealty@gmail.com