$520,000 • four bedroom(s) • living size area 1400 sqft

Another price reduction of $20k in addition to the previously $75k 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 current cap rate of 9% and a projected 10%+ cap rate. located just blocks from the pristine sands of st. pete beach, boca ciega bay, and the popular corey avenue 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.

Multi Family 4 bedrooms - ST PETERSBURG BEACH REP for Sale

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