Luxury Condo with Panoramic
12077 GANDY N BOULEVARD 374 St Petersburg, FL 33702
12077 GANDY N BOULEVARD 374, St Petersburg, FL, 33702
$524,999
For Sale
$524,999
Exquisite 3-bedroom condo with water and city skyline views.
Property Size2,013 SF
Lot Size0.67 Acres
Price / SF$260.80
Days on Market591
Property Features for 12077 GANDY N BOULEVARD 374
General Information
- Standard status
- Active
- Size
- 2,013 SF
- Lot size
- 0.67 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2005
Listing Agency
COLDWELL BANKER REALTY
(813) 943-6984
Listed by
Lidiana Puig · License #3533055
(813) 943-6984
Source
Exitrealty
Added: Dec 3, 2024 Checked: Jul 17 at 3:53 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This 3-bedroom, 2-bath condo offers panoramic water and city skyline views. The European-inspired kitchen features a Zephyr beverage cooler, Wolf built-in oven, Bosch stovetop with pop-up ventilation, Sub-Zero refrigerator and freezer panel-ready drawers, and Fisher & Paykel double panel-ready drawer dishwashers. A modern LED light fixture illuminates the polished quartz countertops and custom all-wood cabinetry, while the dry bar/buffet provides ample storage. The secondary bedrooms include built-in closet furniture and remote-controlled ceiling fans. The extra-large laundry room is equipped with custom built-in cabinetry and a high-end LG washer and dryer. The primary suite boasts custom built-in closet furniture, a panelized wall feature, and a designer showpiece en-suite bathroom. The open floor plan and large windows offer unobstructed water views. The private, spacious balcony provides panoramic water views. Amenities include second-level covered parking and access to a gated, resort-style community with well-maintained common areas and lush landscaping. The clubhouse features a state-of-the-art fitness center, a resort-style pool, and a spa, with a large recreation space for parties or events. The property is situated 30 minutes from the gulf beaches, 20 minutes from Tampa International Airport, 20 minutes from St. Petersburg International Airport, and 20 minutes from the downtown areas of Saint Petersburg and Tampa. The property size is 2013 square feet.
Key Highlights
- Panoramic water and city skyline views from the condo and private balcony.
- European‑inspired kitchen with high‑end appliances: Zephyr, Wolf, Bosch, Sub‑Zero, and Fisher & Paykel.
- Luxurious primary suite with custom built‑in closet furniture, panelized wall feature, and designer en‑suite bathroom.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.2k | $18.00 |
| − Vacancy | −$2.6k | −$1.28 |
| EGI | $33.7k | $16.72 |
| − OpEx | −$15.1k | −$7.52 |
| NOI | $18.5k | $9.20 |
2,013 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$264.5K
$231.4K – $308.6K
NOI $18,514 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.6K
$458.2K – $610.9K
NOI $36,652 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Springsteel Business Consult
Business Management Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Exquisite 3-bedroom condo with water and city skyline views.
Where is this residential income property located?
The property is located at 12077 GANDY N BOULEVARD 374 St Petersburg, FL.
What is the asking price?
The asking price for this property is $524,999.
What are key features of this property?
This property features: Panoramic water and city skyline views from the condo and private balcony.; European‑inspired kitchen with high‑end appliances: Zephyr, Wolf, Bosch, Sub‑Zero, and Fisher & Paykel.; Luxurious primary suite with custom built‑in closet furniture, panelized wall feature, and designer en‑suite bathroom.
