412 73RD AVE St Pete Beach FL 33706

Overview of 412 73rd Ave

Owner finance available - unbelievable cap rate at cash (the cap rate at a $495,000 purchase price, with $5,000/month rent and $7,500/year in taxes, is 10.61%) this property is zoned cc-2, commercial corridor gulf blvd. Price has been reduced for a quick sale – don't miss out on this incredible value! Superb location with a few minutes walk to the beach or the corey ave farmers market...this is a snow-bird, vacationer's or the owner who wants to live in the greatest beach area with the florida dream. Discover this exceptional concrete block duplex, no drywall, nestled in sought-after st. Pete beach – a prime investment opportunity with a sophisticated appeal and low maintenance requirement. Positioned within walking distance of pristine beaches, Boca ciega bay, and the bustling corey avenue farmers market, as well as an array of amenities including fitness centers, spas, restaurants, and shops, this property offers unparalleled convenience. Each unit features two bedrooms and one bathroom, with the rear unit boasting a oversized back yard to encourage a low-maintenance xeriscaping. Key features: - proximity to corey ave, st. Pete beach, and numerous shops and restaurants. - New roof installed in 2020. - Double-pane hurricane-rated windows. Soundproofing between units ensures enhanced privacy. Both units are currently leased on a month-to-month at $1850 & $1700; past rent prior to hurricane was $2300 & $2200. This duplex presents a lucrative investment opportunity with future rental income generating $2400 to $2700 per month. Whether you're considering occupying one unit and renting the other or leveraging both units for rental income, this property epitomizes the perfect blend of coastal lifestyle and financial prosperity. Don't miss out on this prime investment opportunity! Seller financing terms - $150k down payment, 7% interest rate 6 years balloon. Call discuss terms.

This lovely property was built in 1954 and features 4 bedrooms, and 2 full bathrooms. This property for sale is 1,730 square feet, with 1,400 sq ft being air conditioned living space. The property has a does not have a private swimming pool.

Directions to this property are as follows: Gulf Blvd To 73rd, Make Right Or Left Depending On Direction Heading. Turquoise Duplexes.

Please contact your ZFC agent for more information about MLS# MFRTB8409669 or any other properties for sale in St Petersburg or elsewhere in the Pinellas County area.