4420 37Th S St # 1-10, St Petersburg, FL 33711
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Home Description
Under contract-accepting backup offers. *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.
- MLS #: U8246435
- Address: 4420 37Th S St # 1-10
- Unit Num: 1-10
- Levels: One
- City: St Petersburg
- Zip: 33711
- County: Pinellas
- Community Features: None
- Interior Features: Window Treatments
- Appliances: Dishwasher,Microwave,Range,Refrigerator
- Floor Covering: Ceramic Tile
- Exterior Features: Balcony,Hurricane Shutters,Lighting,Private Mailbox
- Exterior Contruction: Block
- Foundation: Slab
- Front Exposure: West
- Roof: Other
- Building Sqft: 7840
Approximate Room Sizes / Descriptions
| Living Room | 17x12 | First | Ceramic Tile |
| Kitchen | 10x10 | First | Ceramic Tile |
| Primary Bedroom | 12x12 | First | Ceramic Tile |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central
- Utilities: Cable Connected,Electricity Connected,Public
- Lot Sqft: 18125.00
- Lot Dim: 145 x 125
- Lot Acres: 0.4200
- Total Acre: 1/4 to less than 1/2
- Lot Num: 0010
- Style: Condominium
- Location: Flood Insurance Required,FloodZone,Landscaped,Near Public Transit
- Monthly Maintenance: $0
- Maintenance Includes: None
- Building Num Floors: 2
- Building Name Number: CARIBBEAN APARTMENTS
- Condo Floor Number: 1
- : 888-668-8283
Potential Great Value
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Financial
- Approx Payment:$9,729*
- Taxes:$10,458
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 252-3959 and speak with one of our real estate consultants.
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Listing Courtesy of DALTON WADE INC.
4420 37Th S St # 1-10, St Petersburg FL is a condo of 7840 sqft and
is currently priced at $2,000,000
.
This condo has 12 bedrooms.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in St Petersburg, FL.
Bayview, Dolphin Cay and Osprey Pointe At Dolphin are nearby neighborhoods.
MLS U8246435 has been posted on this site since 6/21/2024 (today).