3226 Stringfellow RD new Save Request In-Person Tour Request Virtual Tour
St. James City,FL 33956
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,184 sqft
Price per Sqft $549
Subdivision St James City
MLS Listing ID 225056043
Style Florida,Two Story
Bedrooms 8
Full Baths 8
Year Built 1977
Annual Tax Amount $12,992
Tax Year 2024
Lot Size 0.441 Acres
Property Sub-Type Quadruplex
Property Description
Nestled in the heart of St. James City, this stunning 8-unit apartment building is a rare gem that combines modern comfort with a prime waterfront location. Offering an unmatched investment opportunity, this property is perfect for both seasoned investors and those looking to expand their portfolio in a thriving market. Property Features - Prime Waterfront Location: Boasting 161 feet of frontage on a gulf-access canal, this property offers direct access to the Gulf of Mexico. The dock, spanning the entire length of the property, is perfect for boating enthusiasts and provides ample space for multiple boats. - Renovated Units: Six of the eight studio apartments have been completely renovated in the past 24 months, featuring new flooring, updated kitchens and bathrooms, and modern finishes. The remaining three units have been partially updated, offering a mix of classic charm and contemporary amenities. - Flexible Leasing Options: The property offers a unique blend of rental opportunities. Four units are currently leased on an annual basis, providing stable, long-term income. The other four units are listed on Airbnb, generating substantial short-term rental income. Detailed financials are available. - Fully Furnished: All units come fully furnished, providing a turnkey solution for investors. The tasteful decor and high-quality furnishings enhance the living experience for tenants and guests alike. - Expansive Waterfront Deck: The massive deck is a true highlight of the property, furnished to accommodate parties, get-togethers, or quiet relaxation. Whether it's enjoying the sun, hosting a barbecue, or watching the dolphins and sunsets, this space is perfect for creating memorable moments. - Ample Parking and Pet-Friendly Yard: Situated on a 0.44-acre lot, the property offers abundant parking space, eliminating any concerns about crowding. The fenced yard is ideal for residents with pets, providing a safe and enjoyable area for dogs to run and play. - Complete metal reroof completed in 2025, ensuring the building remains in top condition for years to come. - Modern Amenities: Each unit is equipped with new mini-split air conditioners, providing efficient and reliable cooling. The property also includes secured bike parking, a maintenance shed, and a cleaning shed stocked with all necessary supplies. - Additional Revenue Stream: Two brand new sets of coin-operated laundry machines are available on-site, generating extra income and offering convenience to residents. - Future Value-Add Potential: The large waterfront lawn presents a unique opportunity to add a pool, further enhancing the appeal and value of the rental units. This addition could significantly increase the property's rental income and market value.
Location
State FL
County Lee
Community St James City
Area Pi02 - Pine Island (South)
Interior
Heating Central, Electric
Cooling Other, Wall Unit(s)
Flooring Tile, Vinyl
Fireplaces Type Outside
Laundry Common Area
Exterior
Exterior Feature Deck, Fruit Trees, Patio, Room For Pool
Community Features Boat Facilities, Street Lights
Utilities Available Cable Available
Amenities Available Marina,Laundry,Barbecue,Picnic Area,Pier,Playground,Storage,Sidewalks
Waterfront Description Canal Access, Seawall
Roof Type Built- Up, Flat, Metal, Rolled/ Hot Mop
Building
Lot Description Oversized Lot
Dwelling Type Quadruplex
Sewer Septic Tank
Water Public
Structure Type Block,Concrete,Stucco
Others
Acceptable Financing All Financing Considered,Cash
Listing Terms All Financing Considered,Cash
Pets Allowed Yes