Active
10822 NAVAJO DR
SAINT PETERSBURG FL, 33708
$3,950,000
$321.79 per sqft
Active
12,275 sqft
Commercial
Built in 1948
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.
R4908050
MLSⓇ ID
June 26, 2024
Listed
October 2, 2024
Updated
Map
10822 NAVAJO DR
SAINT PETERSBURG FL, 33708
Interior Features
Total Stories
1
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
2.05 Acres
Other Property Details
Area Name
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Taxes
$39,139
Tax Frequency
Annually
Days on Market
86
Garage
No
View
No
County
Pinellas
Municipality
31
Pool
No
Waterfront
Yes
Zoning
RM-10
Listed by SEACREST ADVISORS LLC
Listing Contact: 407-312-9349
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Data last updated 10/2/2024, 4:00 AM UTC
