3 months on rocket

7304 Coquina Way, St Pete Beach, FL, 33706

$1,498,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,156 SqFt
$695/SqFt
Multi

Location

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7304 Coquina Way, Saint Pete Beach$1,498,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1950
HeatingCentral, Electric, Window Unit(s)
CoolingCentral Air, Wall/Window Unit(s)
MLS #S5112294
Lot Size0.12 Acres
StatusActive

About 7304 Coquina Way

5 Bedrooms, 4 Bathrooms – Additionally, there is potential to create a fifth unit, further enhancing rental income opportunities. Prime Investment Opportunity in the Heart of St. Pete Beach! This exceptional multi-unit property is located in one of the nation's most celebrated beach destinations, known for its powdery sands and serene, clear waters. Perfectly suited for investors, it offers both immediate rental income and significant long-term potential. The property features four well-maintained units within a single, solid-block building, ensuring durability and substantial insurance savings. Each unit is equipped with its own electric meter, simplifying management and offering tenant independence. Outdoor amenities include a private patio for relaxation and a separate laundry facility. The sprinkler system is in excellent working condition, reflecting the high standard of care provided by the current owners, who have resided on-site for many years. The layout includes: Three 1-bedroom, 1-bathroom units, two of which are rented short-term, while the third is occupied by a long-term tenant of over 10 years. A 2-bedroom, 1-bathroom unit currently serving as the owners’ private residence. This is a unique chance to acquire a turnkey investment in the premier St. Pete Beach area, providing excellent returns in one of Florida’s most sought-after coastal markets.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 2,156 SqFt

Listing Office:

  • Office Name: ALTIS REALTY
  • Office Phone: (407) 401-7447
  • Listing Agent: Vicente Virgilio

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Rain Gutters, Sidewalk, Storage

Virtual/3D Tour

  • Virtual Tour: 7304 Coquina Way
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Corey Causeway west to Coquina Way. Turn south on Coquina to address on second block.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,498,000
  • Price Per SqFt: $695/SqFt

Tax Information:

  • Annual Amount: $5,712
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Pete Beach, FL.

Med. Sold Price

$775.5K

Med. Price/SqFt

$588

Avg. Days On Market

56

# of Sold Homes

26

7304 Coquina Way vs Saint Pete Beach

96 DAYS ON ROCKET

+40 Days

$1,498,000

+$722.5K More

$695/SqFt

+$106 More

KEY TAKEAWAY

This property is $722.5K more than the Median Sold Price and $106/SqFt more than other homes in Saint Pete Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #S5112294

Listing Office:

  • Office Name: ALTIS REALTY
  • Office Phone: (407) 401-7447
  • Listing Agent: Vicente Virgilio

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:19:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 02, 2020Home Sold
$672,500
Jun 14, 2005Home Sold
$540,000
Jul 19, 2000Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,712$335,166
2019$5,238$283,383
2018$4,768$257,621
2017$4,438$246,946

History based on county public records data.

Payment Calculator

$7,544

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,558

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-50849
9
/10
  • Gulf Beaches Elementary Magnet School

  • 8600 Boca Ciega Dr

  • 0.73 miles

  • Public Magnet Grades KG-5

school-card-donut-50850
9
/10
  • Pasadena Fundamental Elementary School

  • 95 72nd St N

  • 2.33 miles

  • Public Magnet Grades KG-5

school-card-donut-50851
4
/10
  • Bear Creek Elementary

  • 350 61st St S

  • 2.87 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,609. The majority of Saint Pete Beach, FL residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaPinellas CountySaint Pete Beach337067304 Coquina Way

This home is located at 7304 Coquina Way in St Pete Beach, FL and zip code 33706 in the Corey Ave. neighborhood. This 2,156 square foot home, which was built in 1950, sits on a 0.12 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,498,000.

Over 1 listings were sold over their listed price in November 2024 in Saint Pete Beach, FL. In the same period over 22 listings were sold below the listed price and 3 listings were sold for the listed price. In November 2024 in Saint Pete Beach, FL there were 52.1% more homes for sale than in October 2024. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $775,500.

From Rocket Homes Real Estate and based on county public records data.

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