ST PETERSBURG, FL 33705

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 23 BR
Bathrooms: 26
Lot Size: 1.6 Acres

Financials

Price:$3,000,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of ELITE TAMPA BAY REALTY LLC

Value add portfolio of 18 Units in Downtown St Petersburg including 6 houes, 1 quads, 4 duplexes.

Description

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.

Amenities

  • Bb Hs Internet Available
  • Ceiling Fans(S)
  • Private
  • Public
  • Sidewalk

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.