10822 NAVAJO DR Active

Saint Petersburg,FL 33708

$ 3950000

- Bed

0 Bath

12275 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,275 sqft

Price per Sqft $321

Subdivision Edgewater Estates

MLS Listing ID R4908050

Year Built 1948

Annual Tax Amount $39,139

Lot Size 2.050 Acres

New Construction false

Property Description

The Alcove at Madeira beach� represents a rare investment opportunity in one of the most desired real estate markets in the country.
The property consists of� 18 units across 9 individual duplex buildings spread over 2 acres with a pond, lush landscaping, and ability by right to add two more units via current zoning. The asset has been meticulously upgraded with stainless steel appliances, new roofs, bathrooms, and more. Offering a turn key, fully renovated, block property, with multiple clear strategies for continued value appreciation and rental growth.

Unit mix consists of� five (5) two bedroom, one bath units, twelve (12) two bedroom, two bath units, and one (1) three bedroom, two bath unit. � *Unit walkthrough videos & tours available upon request *

Offering memorandum, financials, rent rolls, and due diligence files are available upon request. Please email for best response.

Location

State FL

County Pinellas

Community Edgewater Estates

Zoning RM-10

Interior

Cooling Central Air

Flooring Laminate

Exterior

Waterfront true

Waterfront Description Pond

View Y/N Yes

Building

Foundation Block

Structure Type Block

New Construction false

Others

Special Listing Condition None

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