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Opportunity in St. Pete Beach

$850,000~€761,251
  • 6 Rooms
  • 4 Bathrooms
  • ~248 m² Total surface
  • ~189 m² Living area
  • Construction year 1956

Description

The waterfront setting is already here. The opportunity is what you create around it. At 7815 Boca Ciega Drive in St. Pete Beach, this four-unit property pairs an Intracoastal location and private dock with the chance to shape its next chapter. For an investor with vision and a disciplined renovation plan, the appeal is clear: transform a hurricane-impacted property into a waterfront asset designed around how people want to live on the water, with room to relax and direct access to boating, kayaking, beach life and more. The property requires renovation, and that work is central to the investment opportunity. The existing footprint offers the potential for two 2-bedroom, 1-bath residences and two 1-bedroom, 1-bath residences. Thoughtful improvements could bring a cohesive identity to the property, with updated interiors and outdoor spaces that make the waterfront its defining feature. Explore restoring the four-unit layout, creating larger residences through a duplex or triplex configuration, or combining personal occupancy with rental income, subject to zoning, permitting, and applicable rental requirements. Each approach offers a different way to align the property with your investment goals. Imagine the finished experience: mornings beside the water, afternoons on the boat, and an inviting residence to return to. That lifestyle gives the renovation a purpose and prospective residents a compelling reason to choose this property. For the buyer prepared to evaluate the costs and execute the vision, this property offers the chance to create value through thoughtful transformation.
Features
Air-conditioning
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Engel & Völkers Belleair

Your advisor: Kristin Hallamek

Property ID: AM-5500905

Property details
  • Object type

    Apartment house

  • Rooms

    6

  • Bathrooms

    4

  • Total surface

    ~248 m²

  • Living area

    ~189 m²

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Engel & Völkers Belleair

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