$1,490,000

About This Property

This Saint Petersburg Florida apartment complex is a Cash Cow. It's located in the brand new up-and-coming Marina District of Pinellas County. Maximo Marina is on the same street less than a half mile away. This solid block apartment building contains eight apartments. A brand new roof and the majority of the AC systems are newer. There are four, two bed one bath units and four one bed, one bath apartments. There is plenty of parking for the tenants and their guests. Rents are way under value for what the area calls for. The location is absolutely incredible and there is a huge potential for redevelopment here.? About the location again, you can walk to many great restaurants, shopping, grocery stores, public transportation, and boat storage. It's convenient to Downtown Saint Petersburg, our airports and the Beautiful White Sandy Beaches of Pinellas County. Downtown Saint Petersburg has so many great attractions and things to do. A new state-of-the-art-pier that hosts concerts, festivals and art fairs. Take a Segway tour to see the artwork all throughout downtown. We have The Salvador Dali waterfront museum, The Rays, The Rowdies, The St Pete Grand Prix and the Albert Whitted Airport. Great for flying lessons and helicopter tours. Our area also offers some of the best boating and fishing in Florida. This apartment building did not flood during the hurricanes of 2024. The pictures are very accurate of the units. No photoshopping or virtual staging, 100% actual pictures. Most of the tenants have been here for years.