4420 37TH STREET S UNIT 1-10 ST PETERSBURG FL 33711 MLS #U8246435 | Gary Kusher | Florida Real Estate

4420 37TH STREET S UNIT 1-10
ST PETERSBURG, FL, 33711
$2,000,000
12 Beds
12 Baths
7,840 SqFt
0.42 Acres
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**NEW ROOF TO BE COMPLETED BY SEPTEMBER 1, 2024** 10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District. Uniquely subdivided with individually parceled units for easy CONDO CONVERSION, just update the Condo Docs. This well-maintained concrete block multifamily has huge upside potential with current rents below market. 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. Month-to-month leases allow the buyer to add value by stabilizing rents or selling individually. Freshly painted exterior. The detached laundry with 4 coin-operated machines provides an additional income stream. Newly resurfaced car parking with 10 tandem spots for tenants and 3 additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage. 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*

Property Details

Price:
$2,000,000
MLS #:
U8246435
Status:
Active
Beds:
12
Baths:
12
Address:
4420 37TH STREET S UNIT 1-10
Type:
Condo
Subtype:
Condominium
Subdivision:
CARIBBEAN APTS CONDO
Neighborhood:
33711 – St Pete/Gulfport
City:
ST PETERSBURG
Listed Date:
Jun 21, 2024
State:
FL
Finished Sq Ft:
7,840
Total Sq Ft:
7,840
ZIP:
33711
Lot Size:
18,125 sqft / 0.42 acres (approx)
Year Built:
1969
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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

Appliances
Dishwasher, Microwave, Range, Refrigerator
Bathrooms
12 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Laundry Features
Common Area

Exterior

Community Features
None
Construction Materials
Block
Exterior Features
Balcony, Hurricane Shutters, Lighting, Private Mailbox
Other Structures
Other
Roof
Other

Financial

HOA Includes
None
HOA Name
Condo Docs and Fees Not Currently Enforced.
Tax Year
2022
Taxes
$10,458

Map

Community

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