Nest Seekers

Virtually Staged. BACK ON THE MARKET Investor Special !

ST PETERSBURG, FL 33705

Listing

Web ID:5724893
Website:https://www.nestseekers.com/5724893

Property

Ownership: Fee Simple
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 4
Pets: Pets Allowed
Lot Size: 0.2 Acres

Financials

Price:$539,990
Annual Taxes:$5,163

Description

Virtually Staged. BACK ON THE MARKET - Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent against a HUD Fair Market Rent of $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.
Virtual Tour: https://www.propertypanorama.com/instaview/stellar/TB8545200

Amenities

  • Cable - Available
  • Convection Oven
  • Electricity Connected
  • Microwave
  • Private Mailbox
  • Private yard
  • Refrigerator
  • Sewer Connected
  • Solid Surface Counters
  • Water Connected

Location

ST PETERSBURG FL 33705 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of DALTON WADE INC
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