10822 Navajo Drive, SAINT PETERSBURG, FL 33708
  • MLS#: R4908050 ( Commercial Sale )
  • Street Address: 10822 Navajo Drive
  • Viewed: 22
  • Price: $3,950,000
  • Price sqft: $277
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Pond
  • Year Built: 1948
  • Bldg sqft: 14262
  • Days On Market: 111
  • Acreage: 2.05 acres
  • Additional Information
  • Geolocation: 27.8131 / -82.7897
  • County: PINELLAS
  • City: SAINT PETERSBURG
  • Zipcode: 33708
  • Subdivision: Edgewater Estates
  • Provided by: SEACREST ADVISORS LLC
  • Contact: Craig Brown
  • 407-312-9349
  • DMCA Notice
  • Description
    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.
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Features
Waterfront Description
  1. Pond
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Flooring
  1. Laminate
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. EDGEWATER ESTATES UNIT 5 LOTS 1
  2. 2 & 3 LESS RD R/W FROM LOT 1 PER OR 1015/141 & OR 4674/560 & LOTS 4 & 5 & SW'LY 1/2 OF LOT 3 OF EDGEWATER ESTATES UNIT 3 LESS RD R/W PER OR 4674 PG 560 & LOTS 4 & 5 & SW'LY 1/2 OF LOT 3 OF EDGEWATER ESTATES UNIT 4 & THAT 75FT X 150FT UNPLATTED TRACT LYING SW OF LOT 5 OF EDGEWATER ESTATES UNIT 4 & LYING NW OF LOT 6 OF EDGEWATER EST UNIT 3
Levels
  1. One
Living Area
  1. 12275.00
Area Major
  1. 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 03-31-15-25020-000-0010
Possession
  1. Close of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Tax Year
  1. 2023
Township
  1. 31
Views
  1. 22
Virtual Tour Url
  1. https://youtu.be/RTcZc7QnXQM
Year Built
  1. 1948
Zoning Code
  1. RM-10