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4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
4420 37TH ST S #1-10
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$1,790,000

4420 37TH ST S #1-10

12 Beds 12 Baths 7,840 Sq.Ft.

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Description

*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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Location

4420 37TH ST S #1-10, ST PETERSBURG, FL 33711

Status

Sold

Property Amenities

View additional property information below.
Interior
Laundry room Common Area
Appliances Dishwasher, Microwave, Range, Refrigerator
Flooring Ceramic Tile
Total Bedrooms: 12
Full Bathrooms: 12
Other Interior Features Window Treatments
Area & Lot
Lot Area 0.42 Acres
Living area 7,840 Sq.Ft.
MLS® ID U8246435
Year Built 1969
Type Condo
Status Sold
Exterior
Stories 2
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Other Exterior Features Balcony, Hurricane Shutters, Lighting, Private Mailbox
Lot Features Flood Insurance Required, Flood Zone, Landscaped, Near Public Transit
Roof Other
Utilities Cable Connected, Electricity Connected, Public
Finance
Sales Price $1,790,000
Real Estate Tax $10,458 yearly
Dan Kempka

Dan Kempka

TITLE

Real Estate Agent

PHONE

(813) 992-0091

EMAIL

[email protected]

CONTACT AGENT

St. Petersburg

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Property Amenities

Interior
Laundry room Common Area
Appliances Dishwasher, Microwave, Range, Refrigerator
Flooring Ceramic Tile
Total Bedrooms: 12
Full Bathrooms: 12
Other Interior Features Window Treatments
Area & Lot
Lot Area 0.42 Acres
Living area 7,840 Sq.Ft.
MLS® ID U8246435
Year Built 1969
Type Condo
Status Sold
Exterior
Stories 2
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Other Exterior Features Balcony, Hurricane Shutters, Lighting, Private Mailbox
Lot Features Flood Insurance Required, Flood Zone, Landscaped, Near Public Transit
Roof Other
Utilities Cable Connected, Electricity Connected, Public
Finance
Sales Price $1,790,000
Real Estate Tax $10,458 yearly

Past Transactions

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4420 37TH ST S #1-10
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Contact Details

Dan Kempka

(813) 992-0091

[email protected]

 

 

Tampa Real Estate