The Alcove at Madeira beach represents a rare investment opportunity in one of the most desired real estate markets in the country.
The property consists of 18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units per zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth.
Unit mix consists of five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit.  *Unit walkthrough videos & tours available upon request *
Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.
The property consists of 18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units per zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth.
Unit mix consists of five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit.  *Unit walkthrough videos & tours available upon request *
Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.
Property Details
Price:
$3,950,000
MLS #:
R4908050
Status:
Active
Beds:
0
Baths:
0
Address:
10822 NAVAJO DRIVE
Type:
Commercial
Subtype:
Multi Family
Subdivision:
EDGEWATER ESTATES
City:
SAINT PETERSBURG
Listed Date:
Jun 26, 2024
State:
FL
Finished Sq Ft:
12,275
ZIP:
33708
Lot Size:
89,150 sqft / 2.05 acres (approx)
Year Built:
1948
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Cooling
Central Air
Flooring
Laminate
Exterior
Construction Materials
Block
Financial
Buyer Agent Compensation
1.5%%
Tax Year
2023
Taxes
$39,139
Map
Community
- Address10822 NAVAJO DRIVE SAINT PETERSBURG FL
- CitySAINT PETERSBURG
- CountyPinellas
- Zip Code33708
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Courtesy of SEACREST ADVISORS LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 10822 NAVAJO DRIVE
SAINT PETERSBURG, FL
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