SAINT PETERSBURG, FL 33708 10822 Navajo DRIVE

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 via current 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.