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3226 Stringfellow Road

St. James City, FL 33956
  • $1,950,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 224044362
UPDATED: 139 min ago
$1,950,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1977
County:
Lee

School Ratings & Info

Description

Discover a slice of paradise with this exceptional 8-unit apartment building in the heart of St. James City. Perfectly positioned on the waterfront, this stunning property offers the ideal blend of modern comfort, investment potential, and a laid-back tropical lifestyle.Imagine waking up to 161 feet of frontage on a gulf-access canal, where your private dock stretches the entire length of the property, ready to accommodate your boating adventures. This is the ultimate haven for water enthusiasts, where the sea becomes your backyard. Out of the eight studio apartments, five have been meticulously renovated in the past year, showcasing new flooring, sleek kitchens, and modern bathrooms. The remaining three units retain their charm while offering contemporary amenities, creating a perfect mix for diverse tenant preferences.This property offers flexible leasing options to maximize your returns. Four units are under stable annual leases, while the other four are thriving on Airbnb, generating substantial short-term rental income. Every unit comes fully furnished with high-quality decor, ensuring a turnkey investment experience. The expansive waterfront deck, furnished and ready for gatherings, is the heart of this retreat. Picture hosting lively parties, intimate get-togethers, or simply relaxing with a good book as dolphins play in the canal and the sun sets over the horizon.Spanning 0.44 acres, this property provides abundant parking, eliminating any crowding concerns. The fenced yard is a pet paradise, offering a safe space for dogs to run and bask in the sun. With a complete re-roof scheduled for May 2024, you can rest assured that the property will remain in excellent condition. Each unit is equipped with new mini-split air conditioners for efficient cooling, ensuring comfort in every season. Additional amenities include secured bike parking, a maintenance shed, and a cleaning shed stocked with all necessary supplies. Two brand new sets of coin-operated laundry machines add to the income potential, making this property a savvy investment choice.Envision the future value-add potential of this tropical gem. The large waterfront lawn is perfect for adding a pool, transforming the space into an even more enticing resort-like retreat. St. James City, located on Pine Island, exudes tropical charm and is renowned for its vibrant fishing and boating community. The area offers a relaxed lifestyle filled with recreational activities such as fishing, boating, and exploring nearby islands. Local seafood restaurants, quaint shops, and stunning natural beauty are all part of the daily experience here.This property is more than an investment; its a lifestyle. Embrace the essence of a tropical resort where modern amenities meet the tranquil ambiance of a coastal retreat. Dont miss out on this unique opportunity. Experience the magic of St. James City and make this tropical paradise your own.

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Sothebys International Realty. Data last updated 2024-06-21T07:23:57.917.
www.thomasteamflorida.com/homes/150663202
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3226 Stringfellow Road St. James City, FL 33956

  • Price: $1,950,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 139 min ago
  • ID#: 224044362
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1977
Built
Neighborhood:
Pi02 - Pine Island (South)
County:
Lee
Area:
Pi02 - Pine Island (South)
Property Description
Discover a slice of paradise with this exceptional 8-unit apartment building in the heart of St. James City. Perfectly positioned on the waterfront, this stunning property offers the ideal blend of modern comfort, investment potential, and a laid-back tropical lifestyle.Imagine waking up to 161 feet of frontage on a gulf-access canal, where your private dock stretches the entire length of the property, ready to accommodate your boating adventures. This is the ultimate haven for water enthusiasts, where the sea becomes your backyard. Out of the eight studio apartments, five have been meticulously renovated in the past year, showcasing new flooring, sleek kitchens, and modern bathrooms. The remaining three units retain their charm while offering contemporary amenities, creating a perfect mix for diverse tenant preferences.This property offers flexible leasing options to maximize your returns. Four units are under stable annual leases, while the other four are thriving on Airbnb, generating substantial short-term rental income. Every unit comes fully furnished with high-quality decor, ensuring a turnkey investment experience. The expansive waterfront deck, furnished and ready for gatherings, is the heart of this retreat. Picture hosting lively parties, intimate get-togethers, or simply relaxing with a good book as dolphins play in the canal and the sun sets over the horizon.Spanning 0.44 acres, this property provides abundant parking, eliminating any crowding concerns. The fenced yard is a pet paradise, offering a safe space for dogs to run and bask in the sun. With a complete re-roof scheduled for May 2024, you can rest assured that the property will remain in excellent condition. Each unit is equipped with new mini-split air conditioners for efficient cooling, ensuring comfort in every season. Additional amenities include secured bike parking, a maintenance shed, and a cleaning shed stocked with all necessary supplies. Two brand new sets of coin-operated laundry machines add to the income potential, making this property a savvy investment choice.Envision the future value-add potential of this tropical gem. The large waterfront lawn is perfect for adding a pool, transforming the space into an even more enticing resort-like retreat. St. James City, located on Pine Island, exudes tropical charm and is renowned for its vibrant fishing and boating community. The area offers a relaxed lifestyle filled with recreational activities such as fishing, boating, and exploring nearby islands. Local seafood restaurants, quaint shops, and stunning natural beauty are all part of the daily experience here.This property is more than an investment; its a lifestyle. Embrace the essence of a tropical resort where modern amenities meet the tranquil ambiance of a coastal retreat. Dont miss out on this unique opportunity. Experience the magic of St. James City and make this tropical paradise your own.
Exterior Features

Architectural Style Low Rise Covered Spaces 0 Fencing Yard Fenced Waterfront Features Canal AccessSeawall Waterfront YN Yes

Property Features

Association Fee 0 Association Fee2 0 Association Fee3 0 Business Type Hospitality Development Name Gulf Access YN 1 Land Lease Amount 0 Lease Considered YN No Potential Short Sale YN Property Condition Resale Property Sub Type Hotel/Motel Restrictions Sewer Septic Tank Tax Annual Amount 13198.79 Tax Year 2023 Utilities Electricity AvailableSeptic AvailableTrash CollectionWater Available Zoning Description CPD

Listing courtesy of Fathom Realty FL LLC.


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premier Sothebys International Realty. Data last updated 2024-06-21T07:23:57.917.
 
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