7304 COQUINA WAY ST PETE BEACH FL 33706 MLS #S5112294

5 Bedrooms | 4 Bathrooms – Exceptional Investment Opportunity in St. Pete Beach
This property is nearing completion on the remodeling of the two first-floor apartments, including new bathrooms, cabinets, two new electrical panels, completely new wiring, and all-new outlets. All work has been done and guaranteed by licensed contractors. The owner is willing to assist with closing costs for the buyer.

Located in one of the nation’s most celebrated beach destinations, renowned for its soft, powdery sand and serene, crystal-clear waters, this exceptional multi-unit property presents a rare investment opportunity with both immediate returns 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 of which are rented short-term, while the third has been occupied by a long-term tenant for over 10 years.
• One 2-bedroom, 1-bathroom unit, currently serving as the owner’s private residence.
• Potential for a fifth apartment in the garage, already equipped with two drains 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!