1121 BEACH DRIVE NE at

1121 BEACH DRIVE NE

For sale Days on market 32

$1,499,000

$487/sq ft

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Overview

Bedroom

Year Built

1953

Garage

Sqft

3078

Property Type

Multi Family (5+)

Property Description

Under contract-accepting backup offers. Situated in Old Northeast - this 5 unit apartment complex is an exceptional location and an opportunity not to be missed! The oversized lot 79' x 160' is just steps to North Shore waterfront park and just 6 blocks north of downtown St Pete with walkability to all that downtown has to offer. Comprised of ONE - 2 bedroom, 2 bath unit (1,000 sq ft MOL) with central AC; and FOUR - 1 bedroom, 1 bath units (500 sq ft MOL) with newer mini splits - the 2 bedroom unit would make an excellent owner's unit and offers access to the rear patio. Classic mid century charm and exceptional condition - each unit features the original kitchen with stainless steel appliances and bathrooms have perfect condition mid-century tile. Several of the units have beautiful polished terrazzo flooring. Built in 1953, solid block construction with stucco exterior, the two story building has 3,078 rentable square feet, Off street parking available for each unit and 4 covered carport parking spaces. One car garage for storage or tenant use with onsite laundry. No Flood Zone. Each unit metered separately for electric. Roof 2016. Potential redevelopment site due to the desirability of its unique location in one of the most coveted areas in the City. Zoned RM-15, zoning does not permit vacation rentals. Owner has active rental licenses with City of St Pete. Please do not disturb tenants - appointment only.

Property Details

MLS#

TB8473457

Garage

Address

1121 BEACH

City

St Petersburg

State/county

Zip/Postal Code

33701

Area

Bay Front Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$23,141

Maint Fee

$--

Tax Year

2024

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