4 Beds
4 Baths
2,871 SqFt
4 Beds
4 Baths
2,871 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,871 sqft
Price per Sqft $430
Subdivision Sunset Beach
MLS Listing ID TB8565057
Bedrooms 4
HOA Y/N No
Year Built 1947
Annual Tax Amount $13,587
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
The property features four one-bedroom, one-bath residences, with two currently rented to annual tenants. Features include separately metered electric, upstairs and downstairs patios, ample parking, additional storage, and new coin-operated laundry equipment. According to the owner, laundry income offsets most common-area electric and building water costs.
Two vacant units give new owners immediate flexibility to pursue furnished monthly and seasonal rentals, with a one-month minimum and up to five rental periods per year. Each unit operated as a furnished monthly rental offers projected annual gross income potential of $26,000–$36,000, creating an opportunity to increase income while the two occupied units provide an established income stream. Projections are estimates, depend on rental rates and occupancy, and are not guaranteed. A pro forma is available for review.
The two ground-floor units experienced flooding during Hurricane Helene and were remediated with permits. Buyers and their agents should verify rental restrictions, zoning, income, expenses, and all other material facts. PLEASE DO NOT DISTURB TENANTS.
Location
State FL
County Pinellas
Community Sunset Beach
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Zoning M
Rooms
Other Rooms Interior In-Law Suite w/No Private Entry, Storage Rooms
Interior
Interior Features Built-in Features, Ceiling Fans(s), Walk-In Closet(s)
Heating Electric, Heat Pump
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl, Wood
Fireplaces Type Decorative
Furnishings Unfurnished
Fireplace true
Appliance Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry Outside
Exterior
Exterior Feature Awning(s), Lighting, Rain Gutters, Storage
Parking Features Guest, Open
Community Features Park, Playground
Utilities Available BB/HS Internet Available, Electricity Connected
View Y/N No
Water Access Yes
Water Access Desc Beach
Roof Type Shingle
Porch Patio, Rear Porch
Garage false
Private Pool No
Building
Lot Description City Limits, Landscaped, Near Public Transit, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Assumable, Cash, Conventional, FHA, VA Loan
Listing Terms Assumable, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Schools and Properties Nearby
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