#TB8362585, Valerie McClary, Listing Office: EXP REALTY
7304 Coquina Way St Pete Beach, FL 33706
Property details
About 7304 Coquina Way
5 Bedrooms | 4 Bathrooms – Exceptional Investment Opportunity in St. Pete Beach This property is nearing completion on the remodeling of the two first-floor apartments, including new bathrooms, cabinets, two new electrical panels, completely new wiring, and all-new outlets. All work has been done and guaranteed by licensed contractors. The owner is willing to assist with closing costs for the buyer. Located in one of the nation’s most celebrated beach destinations, renowned for its soft, powdery sand and serene, crystal-clear waters, this exceptional multi-unit property presents a rare investment opportunity with both immediate returns and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes: • Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third has been occupied by a long-term tenant for over 10 years. • One 2-bedroom, 1-bathroom unit, currently serving as the owner's private residence. • Potential for a fifth apartment in the garage, already equipped with two drains for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting!
Highlights
Virtual tour
Summary
- MLS Number: S5112294
- MLS Name: MFRMLS
- Office Name: ALTIS REALTY
- Office Phone: (407) 401-7447
- Listing Agent: Vicente Virgilio
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Last updated on: 4/12/2025, 2:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,125,000
7304 Coquina Way
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 02, 2020 | Home Sold | $672,500 |
Jun 14, 2005 | Home Sold | $540,000 |
Jul 19, 2000 | Home Sold | $135,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $720,000 | $10,956 |
2022 | $490,000 | $8,061 |
2021 | $374,700 | $8,061 |
2020 | $335,166 | $6,549 |
2019 | $283,383 | $5,238 |
2018 | $257,621 | $4,768 |
2017 | $246,946 | $4,437 |
History based on county public records data.
Nearby schools
9
Gulf Beaches Elementary Magnet School
Public Magnet KG-5
0.7 mi
•8600 Boca Ciega Dr
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.3 mi
•95 72nd St N
6
Bear Creek Elementary
Public District PK-5
2.9 mi
•350 61st St S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,609. Most St Pete Beach, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 7304 Coquina Way in St Pete Beach, FL and zip code 33706 in the Corey Ave. neighborhood. This 2,156 square foot home, which was built in 1950, sits on a 0.12 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,125,000.
St Pete Beach, FL housing market in March 2025 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 24 sold below. The number of homes for sale in St Pete Beach, FL increased by 13.8% between February and March 2025. In March 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $800,000.