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$1,450,000
Reduced $50,000
$1,450,000
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Sea Glass Florida Properties

Description

Under contract-accepting backup offers. Unique Homesteaded, Multi-Family Opportunity with VALUE-ADD potential IN DOWNTOWN ST PETE | Are you ready to put your stamp on a piece of St. Pete history? Look no further than 1100 Beach Dr NE, a rare diamond in the rough with the best location, just waiting for your vision. This versatile property in the coveted Old Northeast neighborhood is a blank slate for your dreams as an owner / investor. Currently configured as a 4-unit dwelling, this spacious property features four individual apartments, each with one bedroom and one bathroom. Unit 1 boasts approximately 1,074 sq ft, unit 2 spans 834 sq ft, while units 3 and 4 each offering around 714 sq ft of living space. Originally a single-family home and converted to apartments many years ago this property retains it's grand-fathered status for multi-family use in this premier, single family zoned neighborhood. This spacious property offers endless possibilities, Imagine maximizing its potential as a lucrative investment property, either as an owner operator for the savvy investor, there's the option to enhance the current multi-unit setup for increased cash flow or just live in one unit while renting out the others. Situated on a generous 67x107 corner lot, the property includes 3 parking spots and an oversized detached 2 car garage with separate laundry room and two outdoor patio areas. Priced well below the average price per square foot for the area, this property is a rare find in one of St. Petersburg's most coveted locations. You're just 6 blocks from Downtown Luxury High-rise Condos, restaurants and shopping, a mere 5 blocks to The Vinoy Resort Hotel and only 2 blocks from North Shore Park, its gardens, dog park, ball fields, Olympic Pool and even a beach, all with views of Snell Island, Coffee Pot Bayou, St. Pete's Downtown Skyline & award winning Pier with it's Norths Shore Trail for pedestrian use all along the waterfront of Tampa Bay. Don't let this opportunity slip away. Whether you're looking to flip for sale, renovate & hold long-term, complete Value-add renovations for improving to market rent, continue to homestead and house-hack your living costs, or even convert back Single Family home masterpiece you can create your dream investment property at 1100 Beach Dr NE - Here is your chance to own a piece of St. Pete's best address with unlimited potential. Make your mark on the Old Northeast – the possibilities are as vast as your imagination!


Listed by Leisa Mohler-Erickson, .

Property Highlights

  • Property Type: Multi Family, Quadruplex
  • MLS #: U8254799

General Information

Area 33701 - St Pete
Elementary School North Shore Elementary-PN
High School St. Petersburg High-PN
Middle School John Hopkins Middle-PN
Number of Units Total 4
Property Subtype Residential Income
Property Type Quadruplex
Subdivision Bat Front Sub Blke
Taxes $11,097

Room Information

Furnished Unfurnished
Garage Yes
Garage Spaces 2

Property Features

Has View Yes
Interior Square Footage 3,336
Lot Size Acres 0.16
Lot Size Dimension 67x107
Lot Size Square Feet 7,209
$1,450,000
Reduced $50,000
$1,450,000
price
For Details, Contact
Sea Glass Florida Properties
St. Petersburg, FL
St. Petersburg Area
Price Range
$62K-$13M
St. Petersburg, Florida Welcome to St. Petersburg, Florida, also known as "The Sunshine City" for its year-round sunshine and beautiful coastal location. Situated on the shores of Tampa Bay, St. Petersburg offers residents a vibrant urban lifestyle...
Location
1100 Beach Drive Ne, St Petersburg, FL 33701 Driving Directions
Similar Listings
St. Petersburg Area
Nearby Schools
Listed by Leisa Mohler-erickson, Engel & Volkers St. Pete.
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