$1,200,000

5-Plex Located on St. Pete Beach ! St Pete Beach, FL Rated #1 Beach in the U.S. by Trip Advisor 2021. St. Pete was one of 20 destinations to make the Forbes 2023 annual list of the best places to travel in America. This exceptionally well maintained Property is comprised of two structures situated on an expansive 7,100 square feet lot with frontage on 78th Avenue, and convenience of separate access via a publicly maintained alley on the south border of the Property. Originally built in 1948, and constructed of solid block masonry, the Property has undergone extensive recent capital expenditure upgrades. The Property has 2 structures, One 2 bedroom / 1 bath house and One building housing Four 1 bedroom / 1 bath units. Property has been well care for and has gone through many Upgrades and Updates over the last few years. Located minutes from local Beaches, Resturants and Downtown St Pete City Center. New Roof, Electrical Updates, Plumbling and Landscaping are some of the updates completed in the last 4-5 years. The 2 Bedroom / 1 Bath House has been Remodeled. The 4 One Bedroom / 1 Bath units have had some upgrades with Exterior, Electrical, Painting, but the Units have been occupied so interiors of these units have not been remodeled yet. Separate Electric Meters All Units / 2-Bedroom Pays Water & Sewer. Property is Zoned Commercial Corridor Blind Pass Road District (CC-1) Which allows for many uses including , Commerical, Multi Family, Mix-Use. See St. Pete Zoning Dept. For more information. **Bonus of having St. Pete Beach Community Center offers a variety of sports programs and leagues, community-wide special events, classes and programs for all ages. The Community Center has an indoor gymnasium, work-out room, Junior Olympic heated swimming pool, public park and playground. For more information Visit https://www.spbrec.com/489/Parks-Rec. This Property is Exceptional High-Quality Property for 1031 Exchange. Property is currently leased and listing Agent will need to be present at all showings. Feel free to drive by** But Please do not walk property or Bother or Tenants without making appoinment with Listing Agent.