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$3,850,000
204 Days Online

2785 Bayside Drive S
St Petersburg, FL 33705

For Sale|Multi-Family|Active
Subdivision:
Ling-A-Mor Add
County:
Pinellas, FL

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 727-239-5623
Is this the home for you? We can help make it yours.
727-239-5623
2785 Bayside Drive S2785 Bayside Drive S2785 Bayside Drive S2785 Bayside Drive S
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**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.

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Listing Snapshot
Price
$3,850,000
Days Online
204 Days
Bedrooms
N/A
Inside Area (SqFt)
7,269 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.35 Acres
Year Built
1950
MLS Number
U8117881
Status
Active
Property Tax
$21,051
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
24 hours agoListing updated with changes from the MLS
a month agoStatus changed to Active
2 months agoStatus changed to Pending
7 months agoListing first seen online
General Features
Foundation
Slab
Garage
Yes
Parking
Covered
Levels
Two
Sewer
Public Sewer
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPublicSewer ConnectedSolarWater Connected
Water
Public
Annual Net Income
297500.0
Interior Features
Furnished
Turnkey
Appliances
Built-In OvenConvection OvenDishwasherDryerFreezerGas Water HeaterIce MakerMicrowaveRangeRange HoodRefrigeratorTankless Water HeaterWasher
Cooling
Central Air
Heating
Central
Fireplace
Yes
Interior
Built in FeaturesCeiling Fans(s)Eating Space In KitchenHigh Ceiling(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboMaster Bedroom Main FloorOpen FloorplanSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostatWindow Treatments
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Exterior Features
Exterior
Dog RunFencedFrench DoorsLightingOutdoor GrillStorage
Roof
Shingle
Pool
Yes
Pool Features
HeatedIn GroundLightingSalt WaterSolar Heat
Waterfront
Yes
Waterfront Type
Bay/Harbor
Water Extras
Dock - CompositeDock w/ElectricDock w/Water SupplyFishing PierLiftSailboat WaterSeawall - Concrete
Community Features
Pets
Yes
Security Features
Security GateSecurity LightsSecurity System
Senior Community
No
Schools
School District
Unknown
Elementary School
Lakewood Elementary-PN
Middle School
Bay Point Middle-PN
High School
Lakewood High-PN
Listing courtesy of CHARLES RUTENBERG REALTY INC



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 for consumer 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.
Data last updated at: 2021-10-19 07:30 AM EDT

Neighborhood & Commute
Source: Walkscore
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