1400 GANDY BOULEVARD N UNIT 506,ST PETERSBURG,Pinellas,Residential

Don’t miss out on the rare opportunity to own this high income-producing property OR make it your own place to call home! Motivated seller open to offering a credit at closing for paint and minor repairs! The current lease is $1850/month through April 30, 2025. After the lease term, the buyer has the flexibility to continue leasing the unit or convert it to personal use. While it could use some TLC, it already features several upgrades, including a new oven, refrigerator, and cabinets in the kitchen, as well as a new toilet and thermostat. The condo features a washer and dryer, laminate flooring, an additional master bedroom vanity and sink, a covered screened balcony, and assigned parking. The property is pet friendly and is located in a gated community offering outstanding amenities, including a swimming pool, hot tub, fitness center, racquetball court, BBQ grills, nature trails, playground and a newly renovated clubhouse with fireplace, kitchen and wifi. Ideally positioned with easy access to Gandy Bridge, Tampa, Airports, restaurants, stores, and award-winning beaches. Whether for investment or personal use, this exceptional property offers great potential.