St. James City, FL 33956,3226 Stringfellow RD
St. James City, FL 33956,3226 Stringfellow RD
St. James City, FL 33956,3226 Stringfellow RD
St. James City, FL 33956,3226 Stringfellow RD
St. James City, FL 33956,3226 Stringfellow RD
St. James City, FL 33956,3226 Stringfellow RD
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$ 1,950,000
Est. payment | /mo

0.44 Acres Lot


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$ 1,950,000
Est. payment | /mo
Save

0.44 Acres Lot

Key Details

Property Type Commercial, Multi-Family

Sub Type Lodging and Hospitality: Economy/Limited Service,Multi-Family: Low Rise (1-3 Floors),Multi-Family: 5+ Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224044362

Originating Board Florida Gulf Coast

Year Built 1977

Annual Tax Amount $13,198

Tax Year 2023

Lot Size 0.441 Acres

Acres 0.4408

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.

Location

State FL

County Lee

Area Pi02 - Pine Island (South)

Zoning CPD

Direction From Pine Island Rd, South on Stringfellow, property will be on the left before Sanibel Blvd

Interior

Cooling Mini Split Units

Inclusions Building And Land, Equipment, Fixtures, Furniture

Exterior

Fence Fenced

Utilities Available Electricity Available, Trash Removal, Water Available

Waterfront Description Canal Front,Salt Water,Seawall

Total Parking Spaces 20

Private Pool No

Building

Faces From Pine Island Rd, South on Stringfellow, property will be on the left before Sanibel Blvd

Sewer Septic Tank

New Construction No

Others

Tax ID 35-45-22-04-00015.0000

Security Features Fire Sprinkler System

Listed by Fathom Realty FL LLC • Brandon Reitz
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States

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3226 Stringfellow RD