10822 NAVAJO DR Active

Saint Petersburg,FL 33708

$ 3950000

- Bed

0 Bath

12275 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,275 sqft

Price per Sqft $321

Subdivision Edgewater Estates

MLS Listing ID R4908050

HOA Y/N No

Originating Board Stellar MLS

Year Built 1948

Annual Tax Amount $39,139

Lot Size 2.050 Acres

Acres 2.05

Property Description

The Alcove at Madeira beach  represents a rare investment opportunity in one of the most desired real estate markets in the country.
The property consists of  18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units via current zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth.

Unit mix consists of  five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit.   *Unit walkthrough videos & tours available upon request *

Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.

Location

State FL

County Pinellas

Community Edgewater Estates

Zoning RM-10

Interior

Cooling Central Air

Flooring Laminate

Exterior

Waterfront true

Waterfront Description Pond

View Y/N Yes

Building

Entry Level One

Foundation Block

Lot Size Range 2 to less than 5

Structure Type Block

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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