This Multifamily Property is no longer advertised on LoopNet.com.

340-349 78th Ave
Saint Pete Beach, FL 33706
Banyan Court · Multifamily Property For Sale · 9 Units

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,343 SF
No. Stories 1
Year Built 1948

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Ceiling Fans
  • Tile Floors
  • Built-In Bookshelves
  • Garden
  • Lawn
  • Patio

Site Amenities

  • Courtyard

About 340-349 78TH AVE , SAINT PETE BEACH, FL 33706

340 property includes a Single Family Home. The sale price reflects approx $110k per unit but one of those units is a SFH with it's own drive/parking and entrance. Take that into consideration. This property (50x142) has alley access, parking up front and 2 separate buildings with 2,647 sq.ft. of rent-able space. First building is a concrete block 4 plex with 4-one bedroom, one bathroom units. All units have tile throughout, updated kitchens (fridge, oven), and front porch. Roof updated (2004). The Second building is a concrete block single family home with 2 bedrooms, 1 bathroom, porch area, alley parking spot, updated roof(2001), and central A/C. Updates on building include windows, plumbing, storm shutters, paint, kitchens, and much more. Copper pipe plumbing upgrades. Mature tropical landscaping. Dusk to Dawn exterior lighting. Pride of ownership shows with local "hands-on" ownership. Units are easily rented. Separate electric meters. Owner pays water/sewer/trash. Outstanding Value for an Income Property in Excellent Construction in a fantastic St. Pete Beach Location! Great opportunity to own income property on the ground floor of the St. Pete Beach Redevelopment Plans!! Property across the street, 349 78th Ave. & 340 78th Ave are being sold together. Financials may be viewed by filling in the non-disclosure attached and emailing to apwcopter@gmail.com SECOND PROPERTY This property (50x125) has a 4 unit concrete block building with 3- one bedrooms, one bathroom units and 1- two bedroom, 1 bathroom unit. Roof replaced in 2004. Updates include electric, paint, kitchens, plumbing, windows, and much more. Units have easy-care tile throughout. Units have front patio area. Mature Tropical Landscaping. Units Rent Easily. Some units are rented to veterans and are VA-HUD Approved. Property across the street is being sold as a package.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 $812.50 500 - 550
2+1 2 $1,000 850 - 1,150

Property Taxes

Property Taxes

Parcel Number
36-31-15-77994-225-0150
Land Assessment
$416,936
Improvements Assessment
$133,064
Total Assessment
$550,000
  • Listing ID: 11772103

  • Date on Market: 3/1/2018

  • Last Updated:

  • Address: 340-349 78th Ave, Saint Pete Beach, FL 33706

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