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Julia Vakulenko - Broker -

U8246435
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4420 37TH ST S #1-10, ST PETERSBURG, 33711



Property highlights

  • MLS#: U8246435
  • 18,125.00 lot size Sq.Ft.
  • Year built: 1969
  • Floor: 1
  • Listed: 06/21/2024
  • Taxes: $10,458.00
  • Maintenance fee includes: None
  • Building Name: CARIBBEAN APARTMENTS

Property Overview

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, just 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 area 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*

Driving 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.

Property Features

Rooms Dimension Description
Living Room 17x12 First level , Ceramic Tile
Primary Bedroom 12x12 First level , Ceramic Tile
Kitchen 10x10 First level , Ceramic Tile

Interior Features

  • Window Treatments

Appliances

  • Dishwasher
  • Microwave
  • Range
  • Refrigerator

Heating

  • Central

Laundry features

  • Common Area

Air Conditioning

  • Central Air

Floor Covering

  • Ceramic Tile

Utilities

  • Cable Connected
  • Electricity Connected
  • Public

Exterior features

  • Balcony
  • Hurricane Shutters
  • Lighting
  • Private Mailbox

Community Features

  • None

Construction Materials

  • Block

Other Structures

  • Other

Road Surface Type

  • Asphalt

Roof

  • Other

Foundation

  • Slab

Lot Features

  • Flood Insurance Required
  • FloodZone
  • Landscaped
  • Near Public Transit

Listing information courtesy of DALTON WADE INC

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Listing data comes from My Florida Regional MLS.