Waterfront
Address
10822 Navajo DRIVE, SAINT PETERSBURG, FL
Price
$ 3,950,000
Property Attributes
- MLS#R4908050
- TypeCommercial
- CountyPINELLAS
- CitySAINT PETERSBURG
- AreaSt Pete-Madeira Bch-N Redington Bch-Shores
- NeighborhoodEdgewater Estates
- Zip33708
- StyleMulti Family
- Year Built1948
- Taxes$ 39139
- Price$ 3,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12275
- Lot Size2.05 Acres
Data Source:
Stellar MLS
Property Description
The Alcove at Madeira beach represents a rare investment opportunity in one of the most desired real estate markets in the country. The property consists of 18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units per zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth. Unit mix consists of five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit. *Unit walkthrough videos & tours available upon request * Offering memorandum, financials, rent rolls, and due diligence files are available in the Data room via Loopnet at the link below. https://www.loopnet.com/Listing/10814-Navajo-Dr-Saint-Petersburg-FL/30163254/
| Price History | |
|---|---|
| 6/26/2024 | Listed $3,950,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Close of Escrow |
| Zoning | RM-10 |
| Construction Materials | Block |
| Year Built | 1948 |
| Levels | One |
| Property SubType | Multi Family |
| Tax Year | 2023 |
| Percent Ownership | Corporation |
| Waterfront Features | Pond |
| County | Pinellas |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | EDGEWATER ESTATES |
| Status | Active |
| Directions | 1 mile from Madeira Beach |
| ModificationTimestamp | 2024-06-27T05:00:08.780Z |
| City | SAINT PETERSBURG |
| Buyer Agent Compensation | 1.5% |
| View Y/N | No |
| NumberOfUnitsTotal | 18 |
| MLS Area | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
| Lot Size Units | Acres |
| Lot Size Square Feet | 89150 |
| Waterfront Y/N | Yes |
| Tax Annual Amount | 39139 |
| Property Condition | Completed |
| Additional Parcels Y/N | No |
| Virtual Tour | https://youtu.be/RTcZc7QnXQM |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 1 |
| Virtual Tour | https://www.loopnet.com/Listing/10814-Navajo-Dr-Saint-Petersburg-FL/30163254/ |
| Legal Description | EDGEWATER ESTATES UNIT 5 LOTS 1,2 & 3 LESS RD R/W FROM LOT 1 PER OR 1015/141 & OR 4674/560 & LOTS 4 & 5 & SW'LY 1/2 OF LOT 3 OF EDGEWATER ESTATES UNIT 3 LESS RD R/W PER OR 4674 PG 560 & LOTS 4 & 5 & |
| Water View | Pond |
| Water Access Y/N | No |
| Water View Y/N | Yes |
| Flood Zone Code | AE |
Interior Features
| Flooring | Laminate |
|---|---|
| Air Conditioning Y/N | Yes |
| LivingAreaSource | Public Records |
Exterior Features
| Lot Size Area | 2.0466 |
|---|---|
| Foundation Details | Block |
| Number of Buildings | 9 |
| Building Area Total | 14262 |
| Lot Size Acres | 2.05 |
| Road Surface Type | Asphalt |
| Number of Separate Water Meters | 1 |
| Number of Separate Electric Meters | 18 |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33708
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on July 1, 2024 7:34 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
