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Key Details
Sold Price $290,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 370 sqft
Price per Sqft $783
Subdivision Pass-A-Grille Beach Condo Ph I Condo
MLS Listing ID U8088284
Sold Date 08/07/20
Bedrooms 1
Full Baths 1
Condo Fees $365
Construction Status No Contingency
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,515
Lot Size 6,534 Sqft
Acres 0.15
Property Description
LOOK!! TURN-KEY Beachfront Boutique Condo with SHORT TERM Rental INCOME potential! Financing fell thru - PRICE DROP! Seller is motivated to sell!! HURRY! This building allows short term rentals AND pets! There are only 28 units in this building making it one of the most desired locations on the strip! This property is an excellent opportunity for a cash flow investment on the Gulf of Mexico! This unit has over 90K of renovations making it LIKE NEW! This is a GROUND FLOOR, corner unit with a covered area for lounging in front of the unit as well as access to the Sun Deck on the 2nd level which offers seating with AMAZING panoramic views of the Gulf from Egmont Key to Clearwater Beach. This is the PERFECT property for beach vacations, short term rental income, seasonal use or live there full time! This unit has been renovated from top to bottom with beautiful finishes and is sold fully furnished. This is a studio unit with a fully functional kitchen with granite counters and back splash, wood cabinets, full size stainless steal appliances and plenty of storage. The bed is a King size Murphy bed with additional storage shelving. There are 2 comfortable recliners for laying back and relaxing after a day at the beach. The bathroom has a newly renovated stand-up shower with glass doors, a nice size vanity and a private toilet room. The Walk In Closet is HUGE and has custom built closet organizers from top to bottom to maximize space. There is also a washer/dryer combo in the unit so you do not have to use the shared laundry facility. Annual parking pass for allows parking at any metered spot on Pass a Grille beach. There is nothing to do here except buy it today and enjoy it tomorrow. This building is located in the PRIME area of Pass-a-Grill beach with walk-ability to restaurants, bars, shoppes and the beach access! It is also located biking distance to the famous Don Cesar Resort, easy access to interstate roads, Tierra Verde and Downtown St Pete! If you are looking for a cash flow investment, this will do it! An analysis shows a 12% CAP at 80% occupancy, with a property mgr in place. Run your numbers! The Location is PERFECT, the unit is PERFECT, the income potential is PERFECT!
Location
State FL
County Pinellas
Community Pass-A-Grille Beach Condo Ph I Condo
Rooms
Other Rooms Inside Utility
Interior
Interior Features Built-in Features, Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile
Fireplace false
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Balcony
Community Features Buyer Approval Required, Deed Restrictions, Water Access
Utilities Available Cable Connected, Sewer Connected
View Y/N 1
Roof Type Other
Porch Covered, Front Porch
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water None
Structure Type Block
New Construction false
Construction Status No Contingency
Others
HOA Fee Include Cable TV,Common Area Taxes,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Sewer,Trash,Water
Senior Community No
Ownership Condominium
Monthly Total Fees $365
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with EXP REALTY, LLC