7304 COQUINA WAY, St Pete Beach, FL 33706 - MLS#S5112294

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,156 sqft

Price per Sqft $462

Subdivision St Petersburg Beach Rep

MLS Listing ID S5112294

Year Built 1950

Annual Tax Amount $10,957

Lot Size 5,227 Sqft

Property Sub-Type Quadruplex

New Construction false

Property 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. New photos will be uploaded soon!

Location

State FL

County Pinellas

Community St Petersburg Beach Rep

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Interior

Heating Central,Electric,Ductless

Cooling Central Air,Wall/Window Unit(s)

Laundry Laundry Room

Exterior

Exterior Feature Rain Gutters,Sidewalk,Storage

Utilities Available Public

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5112294