St. Petersburg - Beach Property For Sale #7178789

Exceptional turnkey investment or owner-occupied opportunity in desirable Bay Pines. This meticulously maintained duplex is the only multifamily property in the immediate area and is located in unincorporated Pinellas County, allowing short-term rentals, including . Flood zone x - no flood insurance required!

The property features three 1 bedroom 1 bath units with the potential to easily convert back to two, making it a duplex with 3/2 and 1/1.

Unit A and Unit B have private backyards (B has a screened-in patio). They have separate electric and water meters and individual HVAC systems, laundry closets with washers and dryers, private entrances, and ample parking for three vehicles, plus RV/boat parking.

Currently operating as a successful and can be sold turnkey. Gross income for 2024-2025 was $152,315. Existing bookings may convey.

Located in a quiet neighborhood with no neighbors behind (backs to a school). Just a 5-minute drive to Madeira Beach and a 5-minute walk to the Pinellas Trail. Walking distance to VA Medical Center, dining, and shopping. Walmart Supercenter is approximately one mile away.

Recent upgrades include; roof (2021), new white PVC fencing (excluding rear boundary), Unit A AC (2017), new Unit B AC, Unit C split system (2025), impact-rated back door at Unit A (2023), and water heaters replaced in 2017 and 2023.

Schedule your private showing today!