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Map
$875,572*
●
Multifamily -
Off Market
349 78TH AVENUE
ST PETE BEACH, FL 33706
Studio
0 Bath
2256 Sqft
$648,000 - $792,000
Reference Base Price*
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
The 349 78th Avenue Apartments enjoys the ideal location of being
in the heart of St Pete Beach, blocks from Upham Beach and Historic
Corey Shopping District's funky specialty shops, galleries, popular
bars and restaurants. The Property is also just minutes to the
mainland via the Pasadena Causeway. Activities abound in St Pete
Beach, a town sprinkled with nostalgic Old Florida motels and inns,
as well as the five-star Don CeSar, and Trade Winds Island Resorts.
Comprised of a single structure consisting of three one-bedroom
units, and a spacious two-bedroom unit featuring Central HVAC, the
Property has just undergone thorough, and extensive renovations
with new tenants having taken occupancy November 1st subject to
twelve-month leases (one-bedrooms $1,000, and $1,250 two-bedroom).
Tenants pay electricity per separate meters, and landlord pays
water/sewer/trash. Intending to bring the Property essentially 100%
hurricane compliant, the just-completed renovations include
installation of an entirely new hip roof (the construction of which
included new roof joists), upgraded electric and plumbing systems,
new Central HVAC (two-bedroom unit), exterior paint, with new
fencing and landscape to include reclaimed water irrigation.
Pro-Forma real estate taxes are estimated based on the offer price.
The Property has historically been, and is now, 100% occupied. It
is projected to operate on an owner-managed basis with total
expenses equal to approximately 46% of EGI, with expectation of
minimal near-term capital expenditure requirements.
The manager has listed the unit size as 2256 square feet.
The manager has listed the unit size as 2256 square feet.
Unit Size
2,256Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$319
Property Type
Multifamily
Property Taxes
$4,577
HOA Dues
-
Year Built
1946
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 1, 2021 | No longer available | - | |
No longer available | |||
Jan 18, 2021 | Relisted | $720,000 | |
Relisted | |||
Jan 6, 2021 | No longer available | - | |
No longer available | |||
Jul 16, 2020 | Listed | $720,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
2
Baths
980 ft²
$592/ft²
$580,000
Jan 7, 2023
-
$459/mo
In Contract
House
3
Beds
2.5
Baths
1,510 ft²
$464/ft²
$700,000
Nov 22, 2022
-
$444/mo
Condo
2
Beds
2
Baths
1,300 ft²
$596/ft²
$775,000
Jul 21, 2022
-
$1,457/mo
In Contract
Condo
2
Beds
2
Baths
1,300 ft²
$550/ft²
$715,000
Jan 31, 2023
-
$1,823/mo
Condo
2
Beds
2
Baths
1,300 ft²
$519/ft²
$675,000
Jan 8, 2023
-
$319/mo
In Contract
Condo
2
Beds
2
Baths
1,300 ft²
$599/ft²
$779,000
Dec 9, 2022
-
$1,869/mo
Active
Condo
2
Beds
2
Baths
1,180 ft²
$703/ft²
$829,000
Nov 18, 2022
-
$224/mo
Condo
2
Beds
2
Baths
1,145 ft²
$576/ft²
$660,000
Jul 31, 2022
-
$495/mo
In Contract
Condo
2
Beds
2
Baths
1,145 ft²
$576/ft²
$660,000
Jan 31, 2023
-
$626/mo
Active
Condo
2
Beds
2
Baths
1,140 ft²
$697/ft²
$795,000
Jan 13, 2023
-
$2,321/mo
Active
Condo
2
Beds
2
Baths
940 ft²
$691/ft²
$650,000
Nov 18, 2022
-
$1,835/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/16/2020
|
|
Studio
|
-
|
2256 ft²
|
$720,000
Studio
-
2256 ft²
|
-
-
|
-
|
-
|
Building Info
About St. Pete Beach
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