Properties

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.

Features
: Central Air
: Laminate
: Pond
Address Map
US
FL
Pinellas
Saint Petersburg
33708
NAVAJO
10822
DRIVE
W83° 12' 37.2''
N27° 48' 47.2''
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
RM-10
From Madeira beach, take the Tom Stuart Causeway east, turn left onto the Welch Causeway, then a right onto Navajo drive.
Additional Information
https://youtu.be/RTc Zc7Qn XQM
https://www.loopnet.com/Listing/10814-Navajo-Dr-Saint-Petersburg-FL/30163254/
2024-06-26
18
: One
: Block
: Block
14262
Financial
39139
Listing Information
035842710
035842709
Canceled
2024-11-04T18:27:12Z
Stellar
: None
2024-11-04T18:00:50Z
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10822 DRIVE Saint Petersburg

10822 Navajo Dr, Saint Petersburg, Florida 33708

12,275
$3,950,000
Listing ID #R4908050
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : R4908050
Price : $3,950,000
Square Footage : 12,275
Year Built : 1948
Lot Area : 2.05 Acre
Status : Canceled
Office Name : SEACREST ADVISORS LLC
Agent Name : Craig Brown
Property Sub Type : Multi-Family
Waterfront Yn : 1
Listing Status : Canceled
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Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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