$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 #U8246435
Listed
$2,000,000
08/02/2024
StellarMLS #U8246435
Pending
$2,000,000
06/21/2024
StellarMLS #U8246435
Listed
$2,000,000
Schools & Community
Elementary school:Â
Unknown
Middle school:Â
Unknown
High school:Â
Unknown
Community features:Â None
Community features:Â
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 #:Â (888) 668-8283
MLS: StellarMLS #U8246435
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