Price Reduced 12.01%

$1,099,900 ($497.24 per sqft)

Pending

Est. Mortgage $5,928/mo *

Quick Pre-Approval

Price History

$1,250,000
7/31/2023

$1,099,900
8/19/2023


637 75th AVENUE, St Pete Beach, FL, 33706

637 75th AVENUE, St Pete Beach, FL, 33706

4 beds

1956

2,212 sqft

Discover the unparalleled allure of this ST PETE BEACH multi-family investment property, enviably positioned just a whisper away from the sun-drenched beach and pulsating heart of the coveted "West Corey Ave District." Nestled in an exceedingly desirable area where seasonal rentals are in high demand, the property lies just west of the historic Corey Ave - indeed, it's the epicenter of all things tourism, culture, art, Sunday Morning Market and city celebrations. Current rental limitations is a minimum of 30 days. Your guests will bask in a veritable trove culinary delight restaurants, eclectic shops, vibrant bars and exhilarating live entertainment, with all these treasures merely a leisurely stroll away from this extraordinary beach enclave. This investment opportunity comes to life with two distinct buildings that together house 4 alluring, extensively remodeled apartments, each with their unique charm. Comprising three 1-bedroom, 1-bath units boasting full-size kitchens and cozy living rooms, and a whimsical 1-bedroom, 1-bath unit with a kitchenette. Constructed in the golden year of 1956, this property received a comprehensive makeover between 2016 and 2021. The renovated interiors now showcase newer flooring, updated kitchens and bathrooms gleaming with modernity, alongside sparkling, stainless-steel appliances. Each apartment echoes stylish décor and furnishings. Tankless gas water heater, separate water meters and separate electric meters. Welcome your guests to the inviting ambiance of these thoughtfully curated apartments, each with its separate entrance. An inviting common courtyard beckons community, while private backyard retreats create serene havens for two of the apartments. Add convenience to comfort with a shared laundry amenity for your guests, and even a full laundry facility in one of the units. Situated in the beating heart of Trip Advisor's "America's Top-Ranked Beaches," this exceptional VACATION/INVESTMENT/RENTAL property is the quintessence of beach dwelling. Seize this savvy investment prospect and become the proud owner of a coveted slice of coastal paradise that provides a continuous stream of income! No rental history, owners have used the property for family and friends vacations. Flood insurance policy is assumable, with some restrictions. Video is attached to this listing.


Status:

Pending

Type:

Multi-family

Furnished Remarks:

Furnished

Laundry Remarks:

Inside, Outside

Units:

4

Subdivision:

ST PETERSBURG BEACH REP

Garage:

Driveway, On Street

Heating:

Electric

Cooling:

Mini-Split Unit(s)

Acreage:

0.12

Est. Taxes:

$10,682

Construction

Block

Utilities

Cable Connected, Electricity Connected, Propane, Sewer Connected, Street Lights, Water Connected

View Description:

Garden

Days on Market:

57

Appliances:

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer

Min Lease Term:

1 Month

MLS #:

U8208823


Community Info

School Info

Walk Score

Yelp


Listing courtesy of RE/MAX PREFERRED Phone: 727-367-3636