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$1,250,000
6 Beds ⋅ 5 Baths ⋅ St Petersburg Beach Rep SubDv. ⋅ 33706 Zip Code
5-Unit Multifamily Near St. Pete Beach – Fully Renovated 2025 Income-producing 5-unit multifamily property located just minutes from St. Pete Beach. Ideal for investors seeking income in a high-demand coastal market. Fully renovated and completed in May 2025, this property offers updated interiors and improved overall condition, providing a turnkey opportunity. Property features five separate units with flexible layouts suitable for long-term or short-term vacation use (buyer to verify local regulations). The strong tourist and rental demand in the surrounding area offers potential for consistent occupancy. Convenient location near beaches, restaurants, shops, and main access routes to downtown St. Petersburg and nearby Gulf Coast destinations. Community amenities include a pool and a gym, increasing appeal for tenants and visitors. Other highlights include on-site parking and potential for continued value appreciation. Suitable for a variety of investment strategies. The buyer should verify all measurements, zoning, and rental restrictions.

340 78th Avenue, St Pete Beach
$1,100,000
6 Beds ⋅ 4 Baths ⋅ Bayside 4th Add To St Pete Beach SubDv. ⋅ 33706 Zip Code
CALLING ALL INVESTORS OR LOCALS WHO AREN'T SCARED TO MAKE $$!! YOU HAVE TO LOOK & WILL SEE THE POTENTIAL!!! Waterfront 4 unit value/add opportunity on the Intra-coastal with dock and flexible redevelopment potential. This is not a turnkey property and that’s exactly where the opportunity lies here! Located on one of the most popular intra-coastal locations in the heart of St. Pete Beach, Boca Ciega Drive offers a rare chance to acquire a waterfront multi-unit asset in a market where inventory continues to tighten and finished properties are priced at a PREMIUM! The existing footprint includes four units configured as two 2 bedroom, 1 bath units (potential) and two 1 bedroom, 1 bath units, providing multiple paths for repositioning depending on your investment strategy. The property sustained hurricane impact and requires renovation, but retains strong structural fundamentals, existing density, and a location that supports long term value and rental demand. Investors will appreciate the flexibility: Restore the 4 unit configuration for maximum income potential, Reconfigure into a duplex or triplex with larger, premium units or create a hybrid use with personal occupancy and rental income. With direct water access and a private dock, future tenants or guests can enjoy boating, kayaking, and sunset views, features that consistently command premium rents in this market. Create equity through execution rather than pay for it upfront!

7815 Boca Ciega Drive, St Pete Beach