Waterfront - Eco Friendly
Address
2785 BAYSIDE DRIVE S St Petersburg, FL
Price
$ 3,850,000
Property Attributes
  • MLS#U8117881
  • TypeIncome
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • NeighborhoodLING-A-MOR ADD
  • Zip33705
  • StyleDuplex
  • Year Built1950
  • Taxes$ 21051
  • Price$ 3,850,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage7269
  • Lot Size0.35 Acres
Listing Provided Courtesy Of:
CHARLES RUTENBERG REALTY INC
Data Source:
Stellar MLS
Property Description

**Currently up over 43% YOY, grossing $408,771!! This estate is a cash cow investment opportunity with consistent YOY growth.** The best of both Florida’s… incredible ROI and an amazing opportunity to purchase a highly versatile income-producing asset. This estate is being sold TURNKEY, including about $400,000 worth of furniture, decorations, and watersports equipment, and is MOVE-IN READY. With 239ft of unparalleled waterfront, direct Tampa Bay access, and the convenience of being just a couple miles from downtown St. Petersburg, it’s in a league of its own. Competition is few and far in between, creating a monopoly on rate setting. Boasting consistent income growth year over year, its established and booming short term rental and wedding income is projected to bring in OVER $350k in income in 2021. Including 7 bedrooms (two Owner’s suites), 6.5 baths, and over 3,000sqft of entertainment space, this waterfront estate provides the perfect backdrop for the ultimate wedding, private event, or personal respite. The “main wing” of the residence includes both master suites, two guest bedrooms, and 3.5 baths; the “guest wing” features three bedrooms and three baths. While both wings are connected, the property could also be rented out separately and is on two separate meters. From the private gym to the wine seller to the gorgeous 44,000-gallon saltwater pool, which is solar heated (2016), it has everything you could want in a waterfront retreat or event space. Financials, walkthrough video, and 3D virtual tour available. Massive upside for digital marketing integration since all customers are organic, as well as repeat business with high-paying event industries, such as mastermind groups. It is truly a one-of-a-kind asset for the lucky new owner.

Elementary School Middle School High School
Lakewood Elementary-PN Bay Point Middle-PN Lakewood High-PN
Price History
3/29/2021 Listed $3,850,000

General Features

Additional Parcels Y/N No
Appliances Built-In Oven, Convection Oven, Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
Association Y/N No
Attached Garage Yes
Building Area Units Square Feet
Carport Y/N No
City ST PETERSBURG
Construction Materials Block, Stucco
Cooling Central Air
County Pinellas
Days on Market 182
Directions Driving south on 4th St S turn left onto Bayside Dr S. Keep right onto Bayside Dr S and the home is straight ahead with the gated entrance next to the park.
Elementary School Lakewood Elementary-PN
Exterior Features Dog Run, Fence, French Doors, Lighting, Outdoor Grill, Storage
Flooring Carpet, Hardwood, Travertine
Garage Spaces 4
Garage Y/N Yes
Grossincome 350000
Heating Central
High School Lakewood High-PN
Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters
Levels Two
Lot Size Square Feet 15394
MLS Area 33705 - St Pete
Middle/Junior High School Bay Point Middle-PN
New Construction No
Ownership Fee Simple
Patio/Porch Features Covered
Pets Allowed Yes
Pool Features Heated, In Ground, Lighting, Salt Water, Solar Heat
Private Pool Yes
Property Attached Y/N No
Property SubType Duplex
Property Type Residential Income
Roof Shingle
Security Features Security Gate, Security Lights, Security System
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name BAYSIDE
Subdivision Name LING-A-MOR ADD
Tax Annual Amount 21051.01
Tax Lot 9
Tax Year 2020
Total Number of Buildings 1
Total Units 1
Township 31
Unit Count 2
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Solar, Water Connected
Virtual Tour https://my.matterport.com/show/?m=TUnYmSTmVr2&mls=1
Water Access Bay/Harbor, Bayou, Gulf/Ocean to Bay
Water Access YN Yes
Water Body Name BIG BAYOU
Waterfront Features Bay/Harbor
Year Built 1950

Interior Features

Additional Rooms Bonus Room, Den/Library/Office, Great Room, Interior In-Law Suite, Loft, Media Room, Storage Rooms
Fireplace Features Gas, Family Room, Living Room, Master Bedroom
Fireplace Y/N Yes
Flood Zone Code Zone AE
Furnished Y/N Turnkey
Laundry Features Laundry Room
Living Area 7269
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix DRIVE

Exterior Features

Building Area Total 8703
Foundation Details Slab
Lot Dimensions 110x130
Lot Size Acres 0.35
Parking Features Covered
Spa No
Water Extras Dock - Composite, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift, Sailboat Water, Seawall - Concrete
Water Extras YN Yes
Water Frontage Feet Bay Harbor 239
Water Source Public
Water View Bay/Harbor - Full, Bayou
Water View YN Yes
Waterfront Feet Total 239
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33705

Price
AVG $2.06M
$3.85M
Taxes
AVG $10,889
$21,051
Visits
AVG 974
1827
Year Built
AVG 1938
1950
Walkscore
AVG 48
25
Data Provided by Walkscore ® not using MLS data

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