ST PETERSBURG, FL 33705

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 5
Lot Size: 0.2 Acres

Financials

Price:$749,000
Annual Taxes:$6,865.52
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of DHM REAL ESTATE GROUP LLC

Turnkey income in Old Southeast two buildings, four rental units, and a courtyard trailer for owner or additional income.

Description

Turnkey income in Old Southeast — two buildings, four rental units, and a courtyard trailer for owner or additional income. Fully occupied and producing $7,450/month ($89,400 annually) from day one, No waiting for cash flow. Solar panels on main home and paid for. Three new AC units — permitted and elevated to meet flood insurance elevation standards. The Location can't be beat! The Old Southeast is St. Pete's Artist Enclave — roughly 20 working studios, brick streets, hexagon-block sidewalks, laurel oaks, and a resident flock of wild green parrots. Lassing Park's 12.5 bayfront acres sit a few blocks east for kayaking, paddleboarding, fishing and sunrise over Tampa Bay. Walk to USF St. Petersburg and to downtown — the Pier, Beach Drive, the Dalí, Saturday Morning Market. The Chattaway and Old Southeast Market are neighborhood institutions around the corner. That walkability is the investment case: a campus, a bayfront park and a downtown core all within reach means a renter pool that renews itself. Tenants here don't need a car, and they don't leave. Four doors, fully leased, in a neighborhood people wait years to buy into. Call today for more details.

Amenities

  • Bb Hs Internet Available
  • Cable - Available
  • Courtyard
  • Eat-in Kitchen
  • Electricity Available
  • Electricity Connected
  • Living Room/Dining Room Combo
  • Private Entrance
  • Private Mailbox
  • Sewer 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.