Ignite FB Tracking Pixel4420 37th Street S 1-10, St Petersburg, FL 33711 - Donna Mancauskas
Donna Mancauskas
Donna Mancauskas, Exit Global RealtyPhone: (321) 228-6907
Email: [email protected]
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listing
1 of 21
CondoFor Sale
$2,000,000
4420 37th Street S 1-10
St Petersburg, FL 33711
Listed by: Dalton Wade Inc, (727) 239-5521
MLS: Stellar MLS
12Beds
12Baths
7,840Sq Ft
Est. Mortgage
$10,424/mo

*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.

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Listing provided by Dalton Wade Inc
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