BEDS6
BATHS
SQUARE FEET3,078
MLS#TB8473457
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBAY FRONT
Property Description
Under contract-accepting backup offers. Situated in Old Northeast - this 5 unit apartment complex is an exceptional location and an opportunity not to be missed! The oversized lot 79' x 160' is just steps to North Shore waterfront park and just 6 blocks north of downtown St Pete with walkability to all that downtown has to offer. Comprised of ONE - 2 bedroom, 2 bath unit (1,000 sq ft MOL) with central AC; and FOUR - 1 bedroom, 1 bath units (500 sq ft MOL) with newer mini splits - the 2 bedroom unit would make an excellent owner's unit and offers access to the rear patio. Classic mid century charm and exceptional condition - each unit features the original kitchen with stainless steel appliances and bathrooms have perfect condition mid-century tile. Several of the units have beautiful polished terrazzo flooring. Built in 1953, solid block construction with stucco exterior, the two story building has 3,078 rentable square feet, Off street parking available for each unit and 4 covered carport parking spaces. One car garage for storage or tenant use with onsite laundry. No Flood Zone. Each unit metered separately for electric. Roof 2016. Potential redevelopment site due to the desirability of its unique location in one of the most coveted areas in the City. Zoned RM-15, zoning does not permit vacation rentals. Owner has active rental licenses with City of St Pete. Please do not disturb tenants - appointment only.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Garage: 1 car attached
Heating: Central, Electric
Lot Size: 0.25 Acres
Roof Type: Shingle
Taxes: $23,141
Year Built: 1953
Amenities
Window Treatments
Courtyard
Sidewalk
Feature Descriptions
Annual Net Income: 49836.00
Days on Site: 68
Directions: From Beach Dr NE go to site - park on the street.
Exterior: Block, Stucco, Frame
Flood Zone Code: X500
Flooring: Laminate, Terrazzo, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, Sidewalk, Paved
Lot Dimensions: 0.25
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Parking: Covered, Garage Door Opener, Off Street
Parking Notes: Covered, Garage Door Opener, Off Street
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, No Lockbox, See Remarks
Special Sale Provisions: None
Units: 5
Utilities: Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: SMITH & ASSOCIATES REAL ESTATE
Agency Contact: 727-342-3800
Shown By
Agent Name: Len Renaud
Agent Phone: Cell: (315) 391-0726
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 10,343.93 per month $7,978.31 Principal & Interest $1,928.42 Property Tax $437.21 Homeowner's InsuranceChange Payment Information
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1121 Beach Drive Ne | MLS# TB8473457
This multi-family property located at 1121 Beach Drive Ne, Saint Petersburg, FL 33701 is currently listed for sale with an asking price of $1,499,000. Search Saint Petersburg real estate on lenrenaud.adamscameron.com today.