10-Unit Multifamily
For Sale
$4,100,000
3157 Nautical Pl S, St Petersburg, FL 33712
Multifamily property comprising 10 residential units in St. Petersburg.
Property SizeContact for details
Days on Market11
Property Features for 3157 Nautical Pl S
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
10
Amenities
A 2016 built, 10-unit condominium portfolio offered at a substantial bulk discount
Opportunity to execute a phased sellout strategy with projected 25%+ returns based on recent individual sales within the Cove at Loggerhead Marina community
This portfolio features modern three-bedroom/two-and-one-half bathrooms ranging from 1,920 to 1,970 sqft each with an attached garage
Within the last 1.5 years, the average (non-waterview) trade within the community was $560,000
Investors can pursue a phased retail sellout, long-term rental hold, bulk disposition or hybrid strategy
Located within the gated Cove at Loggerhead Marina, a highly sought-after boating community featuring direct Gulf access, marina amenities and a resort-style waterfront lifestyle
Positioned within the desirable Greater Pinellas Point submarket, offering convenient access to Downtown St. Petersburg, Fort De Soto Park, Gulf beaches, Tampa Bay Westshore employment centers and the Sunshine Skyway corridor
The Tampa-St. Petersburg MSA continues to benefit from population growth, employment expansion, and a diversified economic base anchored by healthcare, financial services and tourism
Building Details
Units
10
Listing Agency:
Marcus & Millichap - RPH Multifamily Group
Listed By:
Zach Brown · License #License(s): FL: SL3610867
(813) 387-4762
Source:
Marcusmillichap
Added: Sep 9
Changed: Sep 15
Last Checked: Sep 18 at 3:53AM
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 Marcus & Millichap - RPH Multifamily Group
Investment Insights
Based on property information with market context.
This multifamily property includes 10 residential units and is located at 3157 Nautical Place South in St. Petersburg, Florida 33712.
Key Highlights
- 10 residential units
- Located at 3157 Nautical Place South
- St. Petersburg, FL 33712
Property Analytics
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Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
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Business Placement
Demographics for 33712, FL
26,395
Population
13,055
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
4,124
Density / Sq Mi
$57,729
Median Household Income
$39,589
Median Earnings
$1,440
Median Rent
$300,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property comprising 10 residential units in St. Petersburg.
Where is this multifamily property located?
The property is located at 3157 Nautical Pl S St Petersburg, FL.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 10 residential units; Located at 3157 Nautical Place South; St. Petersburg, FL 33712
