Value add portfolio of 18 Units in Downtown St Petersburg including 6 houes, 1 quads, 4 duplexes. 100% occupied with high rents with annual gross of $323,604.Also included in the sale would the lots located between units 610 14th Street and 544 14th St N where you can build additional units. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses. Currently going through zoning change to allow more density.
| MLS # | TB8429450 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1977 |
| Days On Site | 349 |
| Listing Provided By | ELITE TAMPA BAY REALTY LLC | David Weylie |
| Bed(s) | 23 |
|---|---|
| Bath(s) | 26 |
| SQ Feet | 70,480 |
| Units | 18 |
| Zoning | CRT-1,NSM1 |
| Acreage | 1.62 |
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33705 |
| Area | 33705 St Pete |
| Community Name | BON AIR |
| Listing VS Median (in BON AIR) | |
Price: $2,900,000 low | high Med: $967,000 sqft: 70,480 low | high Med: 826 $ / sqft: $41 low | high Med: $1,171 On site: 349 low | high Med: 61 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33705 |
| Area | 33705 St Pete |
| Community Name | BON AIR |
| Listing VS Median (in BON AIR) | |
Price: $2,900,000 low | high Med: $967,000 sqft: 70,480 low | high Med: 826 $ / sqft: $41 low | high Med: $1,171 On site: 349 low | high Med: 61 | |