ST PETERSBURG, FL 33712

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 6
Lot Size: 0.4 Acres

Financials

Price:$1,190,900
Annual Taxes:$16,692.74
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of REAL BROKER, LLC

SELLERS MOTIVATED HOME WARRANTIES OFFERED ON EXSISTING UNITS NO FLOOD ZONE CASH FLOWING MULTIFAMILY ALL UNITS OCCUPIED DEVELOPMENT APPROVED Incredible MULTIFAMILY INVESTMENT OPPORTUNITY IN ST.

Description

SELLERS MOTIVATED-HOME WARRANTIES OFFERED ON EXSISTING UNITS-NO FLOOD ZONE | CASH-FLOWING MULTIFAMILY | ALL UNITS OCCUPIED | DEVELOPMENT APPROVED — Incredible MULTIFAMILY INVESTMENT OPPORTUNITY IN ST. PETERSBURG, FL spanning APPROXIMATELY 3.5 CORNER LOTS and including FOUR RENOVATED INCOME-PRODUCING UNITS ACROSS THREE STRUCTURES, plus a SEPARATE DEVELOPMENT PARCEL allowing investors to COLLECT RENT WHILE YOU BUILD; existing occupied units include 2728 14TH AVE S (3-BEDROOM / 2-BATH SINGLE-FAMILY HOME), 2722 14TH AVE S (2-BEDROOM / 2-BATH SINGLE-FAMILY HOME), and 2722 14TH AVE S UNITS A & B (TWO REMODELED STUDIO APARTMENTS), all FULLY RENOVATED IN 2022 WITH NEW ROOFS, UPDATED KITCHENS, FLOORING, DOORS, TRIM, AND PAINT, plus NEW LANDSCAPING IN 2025, while the additional parcel at 1416 28TH AVE S consists of a FORMER 5-UNIT BUILDING DEMOLISHED WITH PERMITS (INCLUDING ASBESTOS REMOVAL) and the entire property has been REZONED AND APPROVED FOR UP TO 13 TOTAL UNITS, creating a RARE VALUE-ADD AND DEVELOPMENT OPPORTUNITY in a HIGH-DEMAND RENTAL AREA just MINUTES FROM CENTRAL AVENUE, DOWNTOWN ST. PETE, THE WAREHOUSE ARTS DISTRICT, THE TROPICANA FIELD REDEVELOPMENT AREA, I-275, AND GULF BEACHES, surrounded by NEW CONSTRUCTION AND THRIVING LOCAL BUSINESSES, offering IMMEDIATE CASH FLOW, STRONG UPSIDE, AND LONG-TERM APPRECIATION POTENTIAL.

Amenities

  • Ceiling Fans(S)
  • Open Floorplan
  • Other
  • Private Mailbox
  • Public
  • Window Treatments

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.