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$1,199,000

This 9 unit, cash flowing, income producing complex is located in an UPSCALE ST PETE BEACH AREA NEIGHBORHOOD. It has 7-1B/1B units and 2 efficiencies. See and smell the ocean at the end of the street. Renters visit the trendy restaurants close by. This property is for sale with a group of 5 other income producing Beach area properties. Please also see: 618 73rd Ave -10 units, 550 Corey Ave – 14 units, and 600 Corey Ave -7 units and 1130 Pinellas Bayway, Tierra Verde-4 units and 2 retail spaces. Buy them all together (package) or separately with possible owner financing. Seller to qualify and approve buyer. Very low vacancy rates. Financials are provided by owner. Owner/manager will help train new owner or stay on to manage. Marina is also close by for boat lovers. Please visit the St. Pete Beach web link on this listing to see the Corey Avenue District Plan for a more vibrant downtown community. Also see Pass-a-Grille Reconstruction project and other current city projects. Seller has tapped into a niche to rent to service industry professionals long term to keep vacancy rates low.
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