Under contract-accepting backup offers. EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY INVESTMENT. This 3-bedroom, 1-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,296 per month with an annual Housing Authority tenant lease in place, this property offers… Read More immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 3 bedrooms, 1 bathroom, Built in 1956 with quality masonry construction, Concrete foundation and composition roof, 5,558 SqFt lot providing excellent privacy and outdoor space, Central air conditioning and heating for year-round comfort. RECENTLY UPDATED FEATURES: Fresh interior and exterior paint throughout, Updated flooring, Updated kitchen cabinets, Updated fixtures throughout, All cosmetic improvements completed and move-in ready. INVESTMENT ADVANTAGES: Verified rental income: $2,296/month with annual lease, Satisfactory 4-point inspection report - transferable to Buyer, Current wind mitigation report - transferable to Buyer, Turnkey operation - no known immediate capital improvements needed, Excellent rental market in rapidly appreciating St. Petersburg area. FINANCIAL OVERVIEW: Monthly Rental Income: $2,296, Annual Rental Income: $27,552, Stable tenant with lease in place. This property is perfectly positioned in St. Petersburg's strong rental market, where demand continues to outpace supply. PERFECT FOR: New investors seeking immediate cash flow, Experienced investors looking to expand their portfolio, 1031 exchange opportunities, Out-of-state investors wanting turnkey Florida real estate. Don't miss this rare opportunity to acquire a cash-flowing investment property with established income, transferable reports, and recent updates - Act now, before this exceptional investment opportunity is gone! Read Less
Courtesy of INSTA REAL ESTATE SOLUTIONS 813-586-0654
Listing Snapshot
Days Online
121
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
878
Lot Size
0.13 Acres
Year Built
1954
MLS Number
TB8405657
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Paved
Appliances & Equipment
Range, Refrigerator
Building
Built in 1954, Living area: 878, Living area units: Square Feet, Building faces East, Levels: One, Construction Materials: Block, Frame
Cooling
Central Air
Floors
Luxury Vinyl, Tile
Foundation
Concrete Perimeter
Heating
Central, Electric
Interior Features
Ninguno
Lot
0.13 acres, City Limits, Level, Near Public Transit, Paved
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 26-31-16-77472-000-0140, Public Survey Range: 16, Public Survey Section: 26, Annual Amount: $1,964, Tax Book Number: 22-62, Legal Description: ROYAL'S, ROSA E. SUB LOT 14, Lot: 14, Year: 2024
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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