Wade M. Berlin

$100K PRICE DROP Investor Opportunity in St. Pete Beach! This exceptional income producing duplex offers a rare combination of coastal lifestyle, location, and investment potential with a projected 10%+ CAP rate. Located just blocks from the pristine sands of St. Pete Beach, Boca Ciega Bay, and the popular Corey Avenue Farmers Market, this property is ideal for short or long term rental income (buyer to verify local STR regulations). Each unit features two bedrooms and one bathroom with private outdoor spaces, back unit has a large yard & private back fence surrounded by low maintenance xeriscaping. The property is being sold AS IS and sustained minor interior damage from recent hurricanes, providing a chance for value add upgrades. This solid block duplex is very durability with ease of ownership, some structural features include a roof installed in late 2023 (less than 2 years old), hurricane rated double pane windows (2014), and soundproofing between unitsensuring long term durability, comfort, and lower future maintenance costs making it attractive for both tenants and owner occupants. Ideally located within walking distance to restaurants, spas, gyms, shops, and entertainment. With projected rental income of $2400$2700 per unit/month, offering strong cash flow potential, Investors can maximize returns by renting both units or occupying one and leasing the other. Dont miss this rare opportunity to own a low maintenance, income generating duplex in one of Floridas most desirable coastal markets.