7305 Bay St – St Pete Beach

Source: Loopnet.com

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PROPERTY HIGHLIGHTS

  • Prime Waterfront Location in one of the TOP RENT GROWTH Markets Nationwide
  • Walkable to Dining, Shopping, Entertainment, and Public Beach
  • Significant Immediate Upside of over $60,000 in Year 1
  • Situated Next to a Proposed Waterfront Development Site with Potential Public Amenities
  • Desirable Concrete Block Construction with Central HVACs and All New Condenser Units
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Property Facts:

Price $3,500,000
Building Class C
Price Per Unit $291,667
Lot Size 0.26 AC
Building Size 9,220 SF
Cap Rate 5.50%
Average Occupancy 92%
No. Units 12
No. Stories 2
Property Type Multifamily
Year Built 1963
Property Subtype Apartment
Opportunity Zone No
Apartment Style Low Rise

Listing Source: Loopnet.com

REQUEST ASSISTANCE

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    Tevi Lawson Realtor

    Tevi Lawson
    Coastal Real Estate Advisor
    Heckler Realty Group
    M: 727.200.5627
    tevi@gulfsandbay.com

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