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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

10822 NAVAJO, SAINT PETERSBURG, FL 33708

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Multi Family - EDGEWATER ESTATES for Sale

10822 NAVAJO, SAINT PETERSBURG, FL 33708

Asking Price$3,950,000

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  • Days on market:

    16 day(s)
  • Original Price:

    $3,950,000
  • Price per sqft:

    $321.79
  • Tax Legal Description:

    EDGEWATER ESTATES UNIT 5 LOTS 1, 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
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Waterfront:

    Yes
  • Waterfront Description:

    Pond
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Floor Description:

    Laminate
  • Special Listing Conditions:

    None

Description

$3,950,000 • living size area 12275 sqft • waterfront access

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 per 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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