Allens Rep E A Real Estate, Homes, Condos for Sale in South Pasadena, FL

4 Beds ⋅ 4 Baths ⋅ Allens Rep E A SubDv. ⋅ 33707 Zip Code

Introducing a rare opportunity for an owner-occupant or individual investor in desirable South Pasadena. This solid concrete-block 4-plex w/2 car garqage is ideally positioned directly across from Boca Ciega Bay, with Unit #1 offering water views and the unique flexibility to be occupied by a new owner or held open for additional rental income.The property has been recently renovated and fully remediated following Hurricane Helene, with updates completed to current building standards and code, providing peace of mind and long-term durability. Three of the four units are currently occupied, creating immediate cash flow, while the vacant waterview unit allows for personal use, premium rental positioning, or a blended live-in investment strategy.Each residence features a spacious 1-bedroom, 1-bath layout with durable vinyl plank flooring throughout and an open living and kitchen design that feels light, functional, and easy to maintain. All four units are equipped with new air-conditioning systems and updated electrical, further reducing future capital expenses for the next owner.From an investment standpoint, the property delivers a strong, stable cap rate with meaningful upside potential, particularly through improved rent positioning and utilization of the waterview unit. Utilities are efficiently structured with four separate electric meters and a shared water meter.The larger waterview unit (#1) benefits from private parking and a private rear entrance with alley access, offering added privacy and convenience and making it especially appealing as an owner-occupied residence if desired. The property also includes a large attached 2-car garage, accessible from both the courtyard and the rear alley.The 30-day minimum rental period provides notable flexibility and creates a clear opportunity to reposition the property toward seasonal or mid-term rentals, which may significantly increase rental income and materially improve the overall cap rate compared to traditional long-term leasing. Buyer and buyer’s agent to independently verify all material facts, including but not limited to minimum rental periods, zoning, future use, income potential, square footage, permitting, and compliance with all local, city, and county regulations. DO NOT DISTURB TENANTS

7057 Sunset Drive, South Pasadena

$575,000

3 Beds ⋅ 2 Baths ⋅ Allens Rep E A SubDv. ⋅ 33707 Zip Code

Prime South Pasadena Waterfront home with Endless Potential! Opportunity knocks in South Pasadena! This spacious waterfront home and lot offers breathtaking, unobstructed views of Boca Ciega Bay and endless possibilities for development. Whether you're looking for a primary home to renovate to be your dream home, or an investor looking to build three luxury townhomes or a visionary ready to create a stunning custom waterfront home, this lot provides the perfect canvas. Located just 5 minutes by car or 10 minutes by bike to the world-famous St. Pete Beach, this property is also conveniently close to top-rated restaurants, shopping, and grocery stores. Imagine waking up to panoramic water views and enjoying the ultimate Florida lifestyle, all while being minutes from everything you need. This is your chance to secure a rare waterfront opportunity in a prime location—don’t miss out! Contact us today for details. Seller open to Owner Financing with 12-24 month terms.

7075 Sunset Drive S, South Pasadena

$500,000

6 Beds ⋅ 4 Baths ⋅ Allens Rep E A SubDv. ⋅ 33707 Zip Code

Perfect investment opportunity, two homes in one, 3 bedrooms 2 baths in each home, two laundry rooms, two private driveways, plus large bonus room and office space. Can also be easily divide for two to three income properties or perfect for a family on one side and parents on the other, so many possibilities! Quiet neighborhood with a great walkability score. Private Pool and Private Swim Spa. Four screened porches for the ultimate Florida home, great for entertaining! Flooded by Helene being sold as is and needs remediation. Zoned RM-10 Residential Multi Family. Ready for your dream design!

7054 Hibiscus Avenue S, South Pasadena

$765,000

4 Beds ⋅ 4 Baths ⋅ Allens Rep E A SubDv. ⋅ 33707 Zip Code

Introducing a fantastic investment prospect nestled in the highly coveted South Pasadena locale. Positioned opposite the stunning Boca Ciega Bay and boasting an array of recent upgrades, this solid-built 4-plex presents unparalleled potential for discerning investors. Offering an enviable mix of location, features, and convenience, this property is a hidden gem waiting to be uncovered. Each of the four residences within this well-appointed 4-plex comprises a generous 1-bedroom, 1-bathroom layout. Featuring tile flooring throughout, these units have an airy open-plan design that seamlessly melds the kitchen and living areas. Bedrooms are generously proportioned, ensuring ample space for comfortable living. One of the units has water views, allowing occupants to enjoy the attraction of Boca Ciega Bay. Efficient utility management is ensured with four electric meters and a single water meter. Moreover, a spacious attached common area 2-car garage accessible via the courtyard and alleyway offers added convenience and enhances the property's allure. Further elevating the property's desirability is the inclusion of coin-operated laundry facilities, providing tenants with added convenience while generating an additional income stream for the owner. Additionally, a four-part shed affords each unit supplemental storage space, enhancing overall functionality. A series of recent upgrades in April 2023 have significantly augmented the property's value. Newly resurfaced parking lots provide a sleek and welcoming entrance for residents and visitors alike. Fresh exterior paint revitalizes the building's facade, while updated landscaping enhances its curb appeal. A new roof and two upgraded HVAC systems ensure long-term durability and operational efficiency. Conveniently situated across from Bayview Waterfront Park, residents can relish in the natural beauty of the bay, partake in leisurely walks, or engage in various recreational pursuits. The property's prime location offers additional advantages, with the bustling Tyrone shopping district a mere 5-minute drive away, offering an array of shops, eateries, and entertainment options. Downtown St. Petersburg is a short 10-minute commute, granting access to cultural landmarks, nightlife, and a vibrant city center. Furthermore, the award-winning Gulf Beaches are a quick 5-minute jaunt, enabling residents to embrace the quintessential Florida lifestyle. Please note that property viewings are strictly by appointment only, and existing tenants should not be disturbed. Rental estimates provided are for informational purposes and should be independently verified by prospective buyers. For any lease-related queries or regulations, please consult the City of South Pasadena.

7057 Sunset Drive S, South Pasadena

$1,500

4 Beds ⋅ 4 Baths ⋅ Allens Rep E A SubDv. ⋅ 33707 Zip Code

Welcome to a prime investment opportunity in the highly sought-after South Pasadena area. Situated across from the picturesque Boca Ciega Bay and boasting numerous recent updates, this masonry 4-plex offers exceptional potential for investors. With its ideal location, attractive features, and proximity to amenities, this property is a gem waiting to be discovered. Each of the four apartments within this 4-plex is a spacious 1-bedroom, 1-bathroom unit. The apartments feature tile flooring throughout, providing durability and easy maintenance. The open kitchen/living layout creates a welcoming ambiance, perfect for entertaining or relaxation. The bedrooms are generously sized, offering ample space for comfortable living. One of the units offers water views, allowing residents to savor the beauty of Boca Ciega Bay. The property is equipped with four electric meters and one water meter, ensuring efficient utility management. Additionally, an oversized attached 2-car garage with alley access provides convenience and further enhances the property's appeal. The inclusion of a coin-operated washer and dryer in the building adds to the convenience for tenants and provides an additional income stream for the property owner. Furthermore, the four-part shed grants each unit additional storage space, enhancing the functionality of the property. Recent updates in April 2023 have significantly enhanced the property's value. The two newly resurfaced parking lots offer a polished and inviting entrance for residents and guests. Fresh exterior paint rejuvenates the building's appearance, while new landscaping enhances its curb appeal. A new roof and two new HVAC systems ensure long-term durability and efficiency. Conveniently located across from the Bayview Waterfront Park, residents can enjoy the beauty of the bay, take leisurely strolls, or indulge in various recreational activities. The property's exceptional location offers even more benefits. It is just 5 minutes away from the vibrant Tyrone shopping district, where a plethora of shops, restaurants, and entertainment options await. Downtown St. Petersburg is a mere 10 minutes away, providing access to cultural attractions, nightlife, and a thriving city center. Additionally, award-winning Gulf Beaches are a quick 5-minute drive, allowing residents to soak up the sun and enjoy the Florida lifestyle. Please note that property viewings are strictly by appointment only, and existing tenants should not be disturbed. All estimated rents provided are for reference purposes only and should be independently researched by potential buyers. Kindly consult the City of South Pasadena for any lease restrictions or regulations. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a private viewing and explore the potential of this Masonry 4-Plex in the desirable South Pasadena location.

7057 Sunset Drive S, South Pasadena

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