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7304 COQUINA WAY, ST PETE BEACH, FL 33706
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$998,000
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Home Details for 7304 COQUINA WAY
Price
$998,000
Type
Multi Family
Year Build
1950
Sq. Ft.
2156
Lot Size
0.12
County
Pinellas
Tax
$10,957
MLS®️ Listing#
S5112294
On exitrealty.com
338 days
Property Description
Exceptional investment opportunity in St. Pete Beach. Renovations to the two first-floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all-new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nation’s most celebrated beach destinations—renowned for its soft, powdery sand and serene, crystal-clear waters—this exceptional, fully furnished, multi-unit property presents a rare investment opportunity with both immediate income and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes three 1-bedroom, 1-bathroom units—two currently rented short-term and one occupied by a long-term tenant for over 10 years—and one 2-bedroom, 1-bathroom unit currently used as the owner’s private residence. Average rental income is approximately $1,800 month for a 1-bedroom and $2,400 for a 2-bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. New photos will be uploaded soon!
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- Heating Information
- Central
- Electric
- Ductless
- Cooling Information
- Central Air
- Wall/Window Unit(s)
- House Interior
- Eat-in Kitchen
- Open Floorplan
- Water Features
- Public
- Utilities
- Public
Listing Courtesy: ALTIS REALTY - 407-401-7447
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-07 18:07:29
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$998,000
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