$100K PRICE DROP – Investor Opportunity in St. Pete Beach! This exceptional income-producing duplex offers a rare combination of coastal lifestyle, location, and investment potential with a projected 10%+ CAP rate. Located just blocks from the pristine sands of St. Pete Beach, Boca Ciega Bay, and the popular Corey Avenue… Read More Farmers Market, this property is ideal for short- or long-term rental income (buyer to verify local STR regulations). Each unit features two bedrooms and one bathroom with private outdoor spaces, back unit has a large yard & private back fence surrounded by low-maintenance xeriscaping. The property is being sold AS IS and sustained minor interior damage from recent hurricanes, providing a chance for value-add upgrades. This solid-block duplex is very durability with ease of ownership, some structural features include a roof installed in late 2023 (less than 2 years old), hurricane-rated double-pane windows (2014), and soundproofing between units—ensuring long-term durability, comfort, and lower future maintenance costs - making it attractive for both tenants and owner-occupants. Ideally located within walking distance to restaurants, spas, gyms, shops, and entertainment. With projected rental income of $2400–$2700 per unit/month, offering strong cash flow potential, Investors can maximize returns by renting both units or occupying one and leasing the other. Don’t miss this rare opportunity to own a low-maintenance, income-generating duplex in one of Florida’s most desirable coastal markets. Read Less
Courtesy of EXP REALTY 727-592-2286
Listing Snapshot
Days Online
0
Last Updated
Property Type
Half Duplex
Beds
4
Full Baths
2
Square Ft.
1,400
Lot Size
0.12 Acres
Year Built
1954
MLS Number
TB8387346
30 Days Snapshot Of 33706
$742k
-6%
(avg) sold price
43
-8%
homes sold
78
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 130.06, Room Count: 3, Building Area Total: 1730, Building Area Units: Square Feet, Construction Materials: "Concrete", Direction Faces: Northwest, Levels: "One", Living Area: 1400, Year Built: 1954
Lot
Lot Size Square Meters: 499, Total Acreage: 0 to less than 1/4, 0.12 acres, 5375 square feet
Property Access
Road Surface: "Asphalt"
Appliances & Equipment
Appliances: "Range", "Refrigerator"
Cooling
Cooling: "Central Air"
Exterior Features
Exterior Features: "Other"
Floors
Flooring: "Ceramic Tile"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Electric"
Interior Features
Interior Features: "Other"
Laundry
Laundry Features: "Other"
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Cable Available", "Sewer Available", "Water Available", Water Source: "Public"
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