St Petersburg, FL 33712

Property Description

Excellent opportunity to own a fully furnished and beautifully remodeled 2-bedroom, 1.5-bath condo in The Wave, ideally located in St. Petersburg with convenient access to I-275, Downtown St. Petersburg, shopping, dining, the Gulf beaches, and nearby marina access. Located on the 4th floor with elevator access, this well-maintained unit stands out with quality finishes and extensive interior improvements, including professionally finished knockdown texture throughout the walls and ceilings and modern, high-quality tile flooring throughout the entire condo. The property offers a comfortable and functional layout and comes fully furnished with everything needed for easy, convenient living. The HVAC system was replaced in 2024, providing another important recent upgrade. The unit also includes an assigned parking space, with plenty of additional guest parking available throughout the community. Currently leased at a monthly rate of $1,850 through May 31, 2027, the property offers an attractive investment opportunity with rental income already in place. The current tenant has occupied the property for approximately three years and has been an excellent tenant, adding additional appeal for an investor looking for an established rental. Another great advantage is the property's proximity to Loggerhead Marina. Boating enthusiasts can enjoy convenient access to nearby boating options, while boat owners may find this condo especially appealing as a comfortable St. Petersburg home base for boating weekends, potentially eliminating the recurring need for hotel stays while enjoying time on the water. The Wave offers a community pool, fitness center, secured building access, and other amenities. Whether you are looking for an income-producing property, a future residence, or a convenient home base near the water, this condo offers an excellent combination of condition, location, value, and flexibility.