7304 COQUINA WAY, St Pete Beach, FL 33706

  • $884,900.00
  • $939,900.00
  • Address: 7304 COQUINA WAY
  • State/county: FL
  • Zip/Postal Code: 33706
  • Area: ST PETERSBURG BEACH REP

Description

Exceptional investment opportunity in St. Pete Beach. Renovations to the two first-floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all-new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nation’s most celebrated beach destinations—renowned for its soft, powdery sand and serene, crystal-clear waters—this exceptional, fully furnished, multi-unit property presents a rare investment opportunity with both immediate income and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes three 1-bedroom, 1-bathroom units—two currently rented short-term and one occupied by a long-term tenant for over 10 years—and one 2-bedroom, 1-bathroom unit currently used as the owner’s private residence. Average rental income is approximately $1,800 month for a 1-bedroom and $2,400 for a 2-bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. The seller is motivated and open to working with serious buyers to ensure a smooth and successful transaction.The seller is highly motivated and open to working collaboratively with qualified buyers to achieve a smooth and successful transaction.

Details

  • Property ID S5112294
  • Price $884,900.00
  • Land Area 0.12 sqft
  • Bedrooms 5
  • Bathrooms 4
  • Garage Size x x
  • Year Built 1950
  • Type Quadruplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional
  • Roof Shingle
  • Utilities Public
  • Sewer Public Sewer
  • Cooling Central Air,Wall/Window Unit(s)
  • Heating Central,Electric,Ductless
  • County Pinellas
  • Property Type Residential Income

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All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.

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