ST PETERSBURG, FL 33705

Property

Furnished: YES
Ownership: Fee Simple
Type: Single Family
Bedrooms: 7 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$585,000
Annual Taxes:$6,206.81
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of FLORIDA REAL ESTATE ASSOCIATES

INVESTOR ALERT ! 3 RENTED UNITS 5, 802 MO RENT NEW ROOF, A C WATER HEATERS !

Description

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**

Amenities

  • Ceiling Fans(S)
  • Electricity Connected
  • Range
  • Refrigerator
  • Sewer Connected
  • Water Connected

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.