7304 Coquina Way, Saint Pete Beach, FL 33706
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by:vicente virgilio
Office:altis realty
MLS#:S5112294
Source:MFRMLS
Price summary
- Price:$949,900
- Price per sq. ft.:$440.58
About this home
Seller is offering $25,000, which may be provided as a check at closing or applied toward the buyer’s closing costs, at the buyer’s discretion. Exceptional investment opportunity in St. Pete Beach. Renovations to the two first-floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all-new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nation’s most celebrated beach destinations—renowned for its soft, powdery sand and serene, crystal-clear waters—this exceptional, fully furnished, multi-unit property presents a rare investment opportunity with both immediate income and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes three 1-bedroom, 1-bathroom units—two currently rented short-term and one occupied by a long-term tenant for over 10 years—and one 2-bedroom, 1-bathroom unit currently used as the owner’s private residence. Average rental income is approximately $1,800 month for a 1-bedroom and $2,400 for a 2-bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. The seller is motivated and open to working with serious buyers to ensure a smooth and successful transaction.
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Home facts
- Year built:1950
- Listing ID #:S5112294
- Added:381 day(s) ago
- Updated:September 30, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Living area:2,156 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless, Electric
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:2,156 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$949,900
- Price per sq. ft.:$440.58
- Tax amount:$10,957 (2023)
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