#TB8338943, Hope Kent, Listing Office: PREMIER SOTHEBYS INTL REALTY
$10,000
closing credit¹
7304 Coquina Way St Pete Beach, FL 33706
Property details
About 7304 Coquina Way
5 Bedrooms, 4 Bathrooms – Additionally, there is potential to create a fifth unit, further enhancing rental income opportunities. Prime Investment Opportunity in the Heart of St. Pete Beach! This exceptional multi-unit property is located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters. Perfectly suited for investors, it offers both immediate rental income and significant long-term potential. The property features four well-maintained units within a single, solid-block building, ensuring durability and substantial insurance savings. Each unit is equipped with its own electric meter, simplifying management and offering tenant independence. Outdoor amenities include a private patio for relaxation and a separate laundry facility. The sprinkler system is in excellent working condition, reflecting the high standard of care provided by the current owners, who have resided on-site for many years. The layout includes: Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third is occupied by a long-term tenant of over 10 years. A 2-bedroom, 1-bathroom unit currently serving as the owners’ private residence. This is a unique chance to acquire a turnkey investment in the premier St. Pete Beach area, providing excellent returns in one of Florida’s most sought-after coastal markets.
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: 2/12/2025, 8:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of house](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRS5112294/66e4ae8133c0ab524c7e14cb.jpg?version=1726263555&width=640)
$1,498,000
7304 Coquina Way
$10,000
closing credit¹
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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
4
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. Typical family type is single, no kids. Residents of this area typically 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 $1,498,000.
St Pete Beach, FL housing market in January 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 22 sold below. The number of listings in St Pete Beach, FL increased by 15.4% between December and January 2025. While the average time on the market in January 2025 was 58 days, the median list price was $798,351.