Pineapple Palms Apartments

7210 Gulf Blvd,
St Pete Beach, FL 33706

 

$3,500,000
Offering Price
6,011
Building SF
$350,000
Price Per Unit
24,516
Land SF
10
Number of Units
1935
Year Built
$3,500,000
Offering Price
6,011
Building SF
$350,000
Price Per Unit
24,516
Land SF
10
Number of Units
1935
Year Built

Property Details

  • • Two buildings make up a total of 10 units on a large parcel of land with an extra 16,052 sq ft of developable land. • First building: 2-story multifamily, 9 units totaling 5,092 sq ft. • Second building: 1-story single unit, 919 sq ft. • Potential to develop mixed-use property with commercial ground floor and residential upper floors. • Units consist of 9 one bed/one bath and 1 two bed/two bath.

Tenant details

  • • First building: 2-story multifamily, 9 units totaling 5,092 sq ft. 7 of the 9 units are occupied by tenants with annual leases. 1 unit is occupied by owner. 1 unit is being converted to short term 30 day minimum Air Bnb rental. • Second building: 1-story single unit, 919 sq ft. This unit is occupied and rented short term as a 30 day minimum vacation rental.

Location Summary

  • • Located in St. Pete Beach within Pinellas County, close to St. Petersburg. • Primarily residential and commercial block. • Proximity to public transportation stops, situated on Gulf Boulevard. • Site Area covers 24,514.67 square feet of land, including 16,052 of developable land. • Walking distance to Beaches and Waterfront Dining.
FOR MORE DETAILS CONTACT
Austin Pennington
A.P Real Estate Company
(813) 629-0997
ap@aprealestatecompany.com
BK3269841