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$2,000,000

Beds
12
Baths
12.0
sq ft
7,840

4420 37th St S Unit 1, Saint Petersburg, FL 33711

4420 37th St S Unit 1

ST PETERSBURG, FL 33711

  • 137 days on market
**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*

Details

Property type

Condominium

Lot size

0.42 acres

Price per sq ft

$256

Year built

1969

Annual property taxes

$10,458

Price History

08/16/2024
StellarMLS

StellarMLS #U8246435

Listed
$2,000,000
08/02/2024
StellarMLS

StellarMLS #U8246435

Pending
$2,000,000
06/21/2024
StellarMLS

StellarMLS #U8246435

Listed
$2,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

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Status: Active

Tomo last checked: 11/05/2024 at 2:30 PM

Listing updated: 08/26/2024 at 6:39 PM

Listed by: Ashley Frazier, DALTON WADE INC Phone #: (888) 668-8283

MLS: StellarMLS #U8246435

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