Waterfront
Address
3226 Stringfellow Road, St. James City, FL
Price
$ 1,950,000
Property Attributes
  • MLS#224044362
  • TypeCommercial
  • CountyLEE
  • CitySt. James City
  • AreaPI02 - Pine Island
  • Zip33956
  • StyleLow Rise
  • Year Built1977
  • Taxes$ 13198
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.4408 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
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; it’s a lifestyle. Embrace the essence of a tropical resort where modern amenities meet the tranquil ambiance of a coastal retreat. Don’t miss out on this unique opportunity. Experience the magic of St. James City and make this tropical paradise your own.

Price History
5/17/2024 Listed $1,950,000

General Features

Sewer Septic Tank
Utilities Electricity Available,Septic Available,Trash Collection,Water Available
Architectural Style Low Rise
Year Built 1977
Property SubType Hotel/Motel
Tax Year 2023
Business Type Hospitality
Waterfront Features Canal Access,Seawall
County Lee
Property Type Commercial Sale
Status Active
Directions From Pine Island Rd,South on Stringfellow,property will be on the left before Sanibel Blvd
City ST. JAMES CITY
Zoning Description CPD
MLS Area PI02 - Pine Island (South)
Lot Size Units Acres
Waterfront Y/N Yes
Tax Annual Amount 13198.79
Property Condition Resale
Days on Market 7
Standard Status Active
PostalCity ST. JAMES CITY
Legal Description GULFHAVEN UNIT P PB 9 PG 105 LOTS 15 + 16

Interior Features

Total Stories 2
Air Conditioning Y/N Yes

Exterior Features

Fencing Yard Fenced
Lot Size Area 0.4408
Canal Width Canal Width 31-80
Lot Size Acres 0.4408
Lot Size Source Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33956

Price
AVG $860K
$1.95M
Taxes
AVG $7,116
$13,198
Visits
AVG 81
42
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1977

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