Bellecrest Heights Real Estate

Welcome to Bellecrest Heights, a hidden gem nestled in the heart of South Pasadena, Florida, within the vibrant Pinellas County. This charming subdivision offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and everyone in between.

Bellecrest Heights is characterized by its beautifully landscaped streets, lined with mature trees and well-maintained homes that exude warmth and character. The community fosters a friendly atmosphere, where neighbors become friends, and everyone is welcome. Residents enjoy a variety of local amenities, including parks, shops, and dining options, all just a stone’s throw away. The nearby Gulf beaches are perfect for sunbathing, fishing, or simply enjoying the stunning sunsets that Florida is famous for.

For those who appreciate outdoor activities, Bellecrest Heights is in close proximity to several parks and recreational areas. Whether you’re looking to take a leisurely stroll, enjoy a picnic, or engage in more active pursuits, the options are plentiful. The community is also conveniently located near major roadways, making it easy to explore the greater Tampa Bay area, with its rich culture, entertainment, and employment opportunities.

With its welcoming community spirit, picturesque surroundings, and prime location, Bellecrest Heights is not just a place to live; it’s a place to thrive. Come discover the charm of this delightful subdivision and envision your future in this beautiful corner of South Pasadena, where every day feels like a vacation.

$700,000

Bellecrest Heights SubDv. ⋅ 33707 Zip Code

Pre construction 8-unit multifamily property is one of the best development opportunities in Tampa Bay! The offering is for the land and plans. For an additional fee, the developer can deliver the site permit and shovel ready. Brand new construction means insurance and capital expenditures will be very low. This is a whole new asset class of new construction rental floor plans that are not yet available in the market! A dream come true for any savvy investor seeking an exceptional income-producing asset. This property offers a unique chance to capitalize on the thriving real estate market and secure a solid investment for years to come. Each of the 8 units have been thoughtfully planned to maximize space and functionality, ensuring optimal comfort and convenience for future residents and tenants. With a seamless flow between living areas, bedrooms, and kitchens, these units offer an ideal balance of privacy and open concept living. The interiors are a perfect blend of style and substance, featuring high-end finishes, premium fixtures, and top-of-the-line appliances. From the elegant LVP flooring to the designer lighting fixtures, every detail has been carefully curated to create an atmosphere of sophistication and refinement. As an investor, you'll be thrilled to know that this property is expected to operate as a 8% cap rate investment, with no capital expenditures required since it will be brand new construction. This means you can start generating income from day one without worrying about additional expenses. What's more, you have the opportunity to customize this property to your exact specifications. Floor plans, finishes, and every detail can still be decided on with the builder, allowing you to create a truly unique and personalized investment property. The developer is projecting a $1.5 million build for this exceptional multi-family property, ensuring a solid investment with a promising return on investment. Investors seeking a property with outstanding income potential need look no further. Don't miss out on this chance to be part of the thriving St Petersburg real estate market. Act now and seize the opportunity to own one of the best investment properties in all of Tampa Bay! Reach out today to discuss customization options and secure your place in this lucrative venture.

5148 1st Avenue S, St Petersburg

Bellecrest Heights Real Estate

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