Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1954
Sq.Footage
878
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 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!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
Area & Lot
-
Lot Features
Level, Near Public Transit, Paved
-
Lot Size(acres)
0.13
-
Property Type
Residential
-
Architectural Style
Bungalow
Exterior
-
Garage
No
-
Construction Materials
Block, Frame
-
Other Exterior Features
Other
Financial
-
Sales Price
$234,000
-
Tax Amount
1964.0
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Charles Rountree, P.A. , INSTA REAL ESTATE SOLUTIONS
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