$2,000,000 Price Analysis    ♡   Saint Petersburg, FL 33711 12 bed 12 bath 7,840 SqFt ($255/SqFt) 0.42 acre lot. Built 1969 Listed 2024-06-21, Taxes $1,124 | Ⓧ USDA Ineligible due to price & location near Saint Petersburg |
10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District.
Uniquely subdivided with individually parceled units for easy CONDO CONVERSION, update the Condo Docs. This well-maintained concrete block multifamily has huge upside potential with current rents below market. 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. Month-to-month leases allow the buyer to add value by stabilizing rents or selling individually. Freshly painted exterior.
The detached laundry with 4 coin-operated machines provides an additional income stream. Newly resurfaced car parking with 10 tandem spots for tenants and 3 additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage. First-class walkability. The Pinellas Trail runs directly in front of the building. Situated adjacent to multi-million dollar waterfront neighborhoods. Within blocks of rea 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
Presented by Ashley Frazier at
DALTON WADE INC.
Property MLS #U8246435 from StellarMLS
Primary Bedroom Dimensions: 12 x 12
Primary Bedroom Level: First
Living Room Dimensions: 17 x 12
Living Room Level: First
Full Bathrooms: 12
Flooring: Ceramic Tile
Microwave
Range
Refrigerator
Laundry Features: Common Area
Heating Features: Central
Kitchen Level: First
Hurricane Shutters
Lighting
Private Mailbox
Road Surface Type: Asphalt
Lot Description: Flood Insurance Required, FloodZone, Landscaped, Near Public Transit
Lot Size Acres: 0.42
Lot Size Dimensions: 145 x 125
Number of Lots: 10
Lot Size Square Feet: 18125
Calculated Total Monthly Association Fees: 0
Association Name: Condo Docs and Fees Not Currently Enforced.
Source Listing Status: Active
County: Pinellas
Directions: From US Highway 19 S: head WEST on 46th Ave S then head NORTH on 37th St S. Property will be on the EAST side of 37th St S.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Area: 33711 - St Pete/Gulfport
Property Subtype: condo
Source Neighborhood: CARIBBEAN APTS CONDO
Parcel Number: 03-32-16-13459-000-0010
Postal Code Plus 4: 4561
Subdivision: CARIBBEAN APTS CONDO
Township: 32
Zoning: NSM-1
Property Subtype: Condominium
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $53,753 | $1,124 |
| 2021 | $unknown + $unknown $48,866 | $1,056 |
| 2020 | $unknown + $unknown $44,424 | $984 |
| 2019 | $unknown + $unknown $40,385 | $925 |
| 2018 | $unknown + $unknown $36,714 | $845 |
| 2017 | $40,612 + $unknown $40,612 | $785 |
| 2016 | $unknown + $unknown $32,289 | $691 |
| 2015 | $unknown + $unknown $29,220 | $641 |
| 2014 | $unknown + $unknown $25,076 | $573 |
| 2013 | $unknown + $unknown $24,009 | $554 |
| 2012 | $unknown + $unknown $25,271 | $583 |
| 2011 | $unknown + $unknown $33,590 | $738 |
| 2010 | $unknown + $unknown $43,624 | $947 |
| 2009 | $unknown + $unknown $53,882 | $1,173 |
| 2008 | $unknown + $unknown $65,700 | $1,415 |
| 2007 | $unknown + $unknown $73,000 | $1,545 |
$2,000,000
StellarMLS
Listing removed 2024-06-21
$2,000,000
StellarMLS
Price Changed 2024-04-04
$2,000,000
StellarMLS
Listed 2023-12-05
$2,200,000
StellarMLS
Sold 2005-11-04
$600,000
Public Record
Sold 2003-09-30
$480,000
Public Record
Sold 2002-08-02
$480,000
Public Record
Sold 1999-12-01
$350,000
Public Record
Sold 1994-03-22
$327,500
Public Record
Sold 1989-04-05
$337,500
Public Record
Year Built: 1969
Building Area Source: Public Records
Building Area Total: 7840
Building Name: CARIBBEAN APARTMENTS
Construction Materials: Block
Direction Faces: West
Foundation Details: Slab
Levels: One
Property Age: 55
Levels or Stories: 2
Building Total Stories: 2
Cable Connected
Electricity Connected
Public
Water Source: Public
Map directions Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.