🚀 Deeply Discounted Waterfront Condo in St. Pete Beach! 🚀

Pinellas County, St. Pete Beach, FL, 33707
Sold
Listed at: September 7th, 2024
Price
$435,000
Sq. Footage
1200
Type
Condo
Parking
Assigned
Year build
1992
Lot size
acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Unlock an exceptional investment opportunity with this deeply discounted waterfront condo in one of Florida's most desirable locations! Perfect for savvy investors looking to maximize ROI with minimal upfront costs!

 

🏢 Property Highlights:

  • 🛏️ 2 Beds, 2 Baths | 📏 1,200 sqft – Built in 1992
  • 🚪 Vacant and clean, ready for a lipstick remodel (minimal cosmetic updates)
  • 💸 HOA Fees: $680/month | 📆 3-month minimum rental term allowed
  • 🌅 Direct water views of the Gulf Intracoastal Waterway
  • 🏢 Purchase under an LLC allowed for flexible investment strategies

💰 Why This Condo is a Must-Have for Your Portfolio:

  1. Prime Location:

    • 🏝️ Situated in a coveted St. Pete Beach neighborhood near downtown St. Pete.
    • 🏖️ Surrounded by stunning beaches and popular attractions—high tenant demand for both short- and long-term rentals!
  2. Outstanding Amenities for Premium Rents:

    • 🌊 Resort-style amenities: 6 swimming pools, saunas, jacuzzi, 1.5-mile walking trail, and 24/7 guard-gated security.
    • 🏋️ Active lifestyle facilities: 2 fitness centers, 5 tennis courts, 2 pickleball courts, shuffleboard.
    • 🚗 Additional features: Car wash stations, electric vehicle charging stations, clubhouse with library, woodworking shop, billiards room, game room, and a fully equipped kitchen.
  3. Boater's Dream:

    • Onsite Marina with 3 docks and 86 boat slips (available for sale or rent) + kayak storage racks—appeal to high-end tenants who love water activities!
  4. Multiple Exit Strategies:

    • 🔨 Flip potential: Cosmetic updates can quickly increase value.
    • 💵 Cash flow: Strong rental income potential with high demand for waterfront rentals.
    • 📈 Appreciation play: Excellent location for long-term appreciation in value.

📊 Investor-Friendly Details:

  • 🏠 HOA Roof Replacement: Completed last year (2023)
  • ❄️ New HVAC & Water Heater: Installed 6 months ago – minimizes immediate CapEx!
  • 📆 Flexible Rental Terms: 3-month rental minimum opens up options for both short-term and mid-term rentals.
  • 🏢 LLC Purchase Allowed: Streamlined process for investor acquisitions.

🔥 Act Fast – Don’t Miss This Deal! 🔥

This waterfront condo is priced well below market value and positioned for a quick sale. With minor updates, you can unlock significant equity gain and cash flow potential. Perfect for investors seeking a high-ROI property in a prime waterfront location!


📞 Contact Us Today!

📱 Call/Text: 469-949-3363
📍 Viewing by appointment only – Act Now!


🚨 Important Disclaimers:

  • Due Diligence Required: All buyers must conduct their own due diligence. Information provided is based on public records and other sources, offered in good faith but not guaranteed to be accurate.
  • Estimates: ARV, repair costs, and other figures are estimates; buyers should perform their own analysis.
  • Non-Refundable EMD: Earnest Money Deposit is required and is non-refundable.
  • No Direct Seller Contact: Contacting the seller directly is prohibited and may result in removal from our buyer's list and potential legal action.

🌊 Capitalize on this opportunity to invest in a sought-after waterfront community with unparalleled amenities and incredible upside potential! 🏄‍♂️

Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jervon Thompson

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Disposition manager