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11901 4Th N St # 11311 St Petersburg, Florida 33716 MLS# MFRT3517691
Beautifully renovated L-shape STUDIO, perfectly positioned within the 12.8-acre Baypointe Preserve, with a prime location on 4th St N with easy access to I-275, connecting you to Tampa, Downtown St. Pete, local beaches, Tampa International Airport, and numerous shopping destinations in minutes. The studio features a 2023 A/C unit, a recently updated kitchen and bathroom, boasting granite countertops and luxury vinyl plank flooring, adding a touch of elegance to your daily living. Storage is plentiful, thanks to a spacious walk-in closet. Situated on the third floor, the unit opens up to a screened-in balcony, presenting unparalleled views of the lush Preserve, allowing you to enjoy nature's tranquility right from your home. Baypointe Preserve stands out with its resort-style gated community, offering a host of amenities including a tropical pool with spa, sun decks, a fitness center, outdoor grills, dog parks, covered bike racks, and a car wash area. Plus, with water, sewer, and trash services included, the $262 monthly HOA fee is remarkably affordable. This condo is not only an ideal home but also presents a lucrative investment opportunity. Currently rented with a CAP rate of 8%, it generates steady income, ensuring immediate returns on your investment. For investors, this property represents a unique cash-only opportunity. Meanwhile, those looking to make it their home can be referred to a Licensed Mortgage Originator, who has experience financing properties within Baypointe Preserve, with options starting at 20% down. All property inspections and viewings are by appointment only. Do not disturb occupants.
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