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$2,925,000
St Petersburg Beach North Unit 7 SubDv. 33706 Zip Code
Location, Location, Location on St Pete Beach, the Palm Garden Apartment Complex is a rare opportunity to acquire an immaculate condominium style investment property. The meticulously well-maintained fourteen unit with two buildings has long maintained full occupancy with average stay of the 14 lessee is 6.5 years this giving the owner a reliable revenue stream. Constructed in 1972 of solid block with poured concrete floors, built on a sturdy slab with a durable stucco exterior finish. The roof was installed in 2014 and its a 20mil TPO in excellent condition white roof. The Mansard roof built around the balconies were totally rebuilt in 2020 with new 50-year shingles and all ceilings being done with weather resistant wood. The building was painted in 2020 with top-of-the-line Behr Dynasty paint. The unit mix consists of twelve one-bedroom one-bath (680mol Sq Ft plus balcony) and two two-bedroom two-bath apartments. (1000mol Sq Ft) All but three apartments have been renovated and feature contemporary luxury kitchens and bathrooms appointed with high-quality fixtures and cabinets, stainless steel appliances, granite countertops, and European-inspired tile. Bedrooms are all carpeted. A number of major capital improvement projects have been completed in recent years including, but not limited to, new mansards roofs, landscape upgrade with Citra Blue sod(decease free sod), replacement of all hot water tanks within two years , all fuse and breaker boxes, epoxy resin surfaced hallways, steps and walkways, and replacement of all condensers on roof. Apartment layouts are designed with expansive living rooms, dining areas, full-size bathrooms, and a private balcony or patio. Community features include twenty off-street private parking spaces, professionally landscaped grounds shaded by tropical trees, and all new onsite laundry facilities. Every apartment is individually equipped with modern central heating and air conditioning systems providing year-round comfort. Metered separately, electricity is paid by tenants. City water and trash collection, as well as basic cable with internet service, is provided by the owner. Hot water is supplied by efficient individual in-unit tanks. There is a public bus stop, right in front of the Apartment Complex with buses passing by all day long. St Pete Beach regularly ranks among the world’s list of best beaches!!! Apartment Complex tenants enjoy a year-round vacation style with nearby beaches. Short bike ride to public beach access at the popular Upham Beach Park and Sunset Beach Treasure Island both known for their popular white sand and breakfast area pavilion. There are plenty of restaurants within walking distance along with schools, churches, shops, bars, and not to forget the Historic Corey Avenue Shopping District. This shopper’s paradise thrives as the heart of St Pete Beach with its historic unique specialty shops, art, craft, and jewelry galleries, clothing stores, and imaginative gift shops. This Apartment Complex has been owned by one family for over 20 years and is perfect for an investor wanting a mint condition property with no near-term problems. Owner operates the property himself with no problems leaving town on vacations constantly. Investors interested in purchasing a prize-winning property, that has been extremely taken care of, THIS IS IT!!!!!! Perfect for a 1031 Exchange or a real estate investment. Please contact the Broker/Owner for financial details and additional information!

8630 Blind Pass Road, St Pete Beach

$6,000,000
St Petersburg Beach 1st Add SubDv. 33706 Zip Code
Positioned along Gulf Boulevard at 59th Avenue, this multi-parcel assemblage represents one of the few remaining large-scale redevelopment opportunities on St. Pete Beach. Spanning approximately 1.09 acres, the property includes a strategic collection of parcels currently improved with restaurant and service-oriented uses, including the Subway site, Boulevard Burgers, a florist, and a salon. The assemblage occupies a highly visible location along the primary north-south corridor of the Gulf beaches, benefiting from strong daily traffic and direct proximity to major hospitality anchors. Directly across from multiple full service hotels including the TradeWinds, Beachcomber and the Sirata Beach Resort with hundreds of hotel rooms and multiple dining venues, including Rum Runners. Nearby, TradeWinds Island Resorts spans a large multi-property footprint and continues to invest in renovations and long-term repositioning. This concentration of hotel density creates a consistent demand driver for retail, restaurant, and experiential uses, supporting both existing operations and future redevelopment potential. The current ownership has assembled these parcels over time, creating a contiguous footprint that is increasingly difficult to replicate. The site offers scale, frontage, and depth that position it well for a range of future concepts, including mixed-use development, hotel or condo-hotel configurations, or retail-driven projects with residential components. Existing improvements provide optionality for interim income while redevelopment plans are evaluated. Ownership is offering the assemblage as a combined opportunity but may consider the sale of individual parcels, providing flexibility for different buyer strategies. A portion of the property located behind the Subway site is currently utilized as commercial space and is believed to fall within the overall commercial zoning framework; however, buyers should independently verify zoning, use, and development parameters for all parcels. With its location, scale, and surrounding demand drivers, this offering presents a compelling opportunity for investors and developers seeking to establish a presence along one of Florida’s most active beachfront corridors. All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information. This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase. Please do not approach or disturb the tenants.

5901 Gulf Boulevard, St Pete Beach

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