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$3,850,000
2785 Bayside Dr S, St Petersburg, FL 33705
0 Beds
0 Baths
8,703 sqft

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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.
  • Price:
  • $3,850,000
  • Square Footage:
  • 8,703
  • Acreage:
  • 0.35
  • Year Built:
  • 1950
  • Listing ID #:
  • MFRU8117881
  • Street Address:
  • 2785 Bayside Dr S
  • City:
  • St Petersburg
  • State:
  • Florida
  • Postal Code:
  • 33705
  • County:
  • Pinellas
  • Community:
  • St Pete
  • Subdivision:
  • Ling-A-Mor Add
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
n/a

LAKEWOOD ELEMENTARY-PN
Public
n/a

BAY POINT MIDDLE-PN
Public
n/a

LAKEWOOD HIGH-PN
Public
  • Approximate Total Liveable Area:
  • 7269
  • Building Security:
  • Security Gate, Security Lights, Security System
  • Construction Type:
  • Block, Stucco
  • Exterior Features:
  • Dog Run, Fence, French Doors, Lighting, Outdoor Grill, Storage
  • Fireplace:
  • Gas, Family Room, Living Room, Master Bedroom
  • Fireplace:
  • Yes
  • Flooring:
  • Carpet, Hardwood, Travertine
  • Foundation:
  • Slab
  • Furnished:
  • Turnkey
  • Interior Features:
  • Built-In Features, Ceiling Fans(s), Eat-In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Number Of Units:
  • 1
  • Stories:
  • Two
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 8703
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1950
  • Annual Income:
  • 297500.00
  • Gross Income:
  • 350000
  • Federal Flood Zone:
  • Ae
  • Lot Square Footage:
  • 15394
  • Can Be Leased:
  • 1
  • Days On Market:
  • 107
  • On Market Date:
  • 2021-03-28
  • Originating Mls:
  • Mfrmls
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $21,051
  • Tax Year:
  • 2020
  • Pet Allowed:
  • Yes
  • Garage Parking Spaces:
  • 4
  • Has Attached Garage:
  • Yes
  • Has Garage:
  • Yes
  • Parking Description:
  • Covered
  • Patio Description:
  • Covered
  • Pool:
  • Yes
  • Pool Description:
  • Heated, In Ground, Lighting, Salt Water, Solar Heat
  • Water Extras:
  • Dock - Composite, Dock W/Electric, Dock W/Water Supply, Fishing Pier, Lift, Sailboat Water, Seawall - Concrete
  • Appliances:
  • Built-In Oven, Convection Oven, Dishwasher, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Laundry:
  • Laundry Room
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Solar, Water Connected
  • Unit 1 Type:
  • Four Or More Bed/Two Or More Bath
  • Unit 2 Type:
  • Three Bed/Two Bath
  • Has Water Access:
  • 1
  • Water Access Type:
  • Bay/Harbor, Bayou, Gulf/Ocean To Bay
  • Water Name:
  • Big Bayou
  • Water View:
  • 1
  • Water View Description:
  • Bay/Harbor - Full, Bayou
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Bay/Harbor
  • Waterfront Footage:
  • 239
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By CHARLES RUTENBERG REALTY INC
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. 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 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.
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