Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1924
Sq.Footage
936
EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY ST. PETERSBURG GEM Welcome to your next smart investment in St. Petersburg's coveted 33701 zip code. This impeccably maintained 3-bedroom, 1-bathroom single-family home isn't just another property – it's an income-generating powerhouse already delivering $2,210 monthly with a rock-solid Housing Authority tenant in place. WHAT MAKES THIS A MUST-HAVE INVESTMENT: *Immediate Positive Cash Flow** – $26,520 annual rental income from day one *Zero Downtime** – Existing qualified tenant with an annual lease already in place *Move-In Ready Condition** – All updates completed, no renovation headaches *Prime Location** – Heart of St. Petersburg's thriving rental market # RECENTLY COMPLETED UPGRADES: The sellers have done all the work for you! The property features: * Fresh interior and exterior paint throughout (no touch-ups needed!) * Stylish modern flooring upgrades throughout * Updated kitchen cabinets that tenants love * Contemporary fixtures adding market appeal * Central AC/heating system ensuring year-round tenant comfort YOUR DUE DILIGENCE? ALREADY DONE! * Satisfactory 4-point inspection report. * Current wind mitigation report. * Verification of rental income and lease terms THE NUMBERS THAT MAKE SENSE: In today's uncertain market, this property delivers certainty: * $2,210 monthly income stream * $26,520 annual rental revenue * Stable, qualified tenant with housing authority backing * No immediate capital improvements needed PERFECT MATCH FOR: * First-time investors seeking immediate positive returns * Seasoned investors expanding their cash-flowing portfolio * 1031 exchange buyers needing quick, qualified placement * Out-of-state investors wanting hands-off Florida real estate St. Petersburg's rental market continues to outperform expectations with demand consistently exceeding supply. Properties like this – already generating income, recently updated, and requiring minimal management – simply don't last in this market. *Don't just consider this opportunity – SEIZE IT before another savvy investor does!* This turnkey investment with immediate cash flow won't be available long!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Other
-
Other Exterior Features
Lighting
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$229,000
-
Tax Amount
2985.71
-
Sq. Footage
936
-
Price/SqFt
$244
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
19
-
Water Source
None
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Michael Schultz , INSTA REAL ESTATE SOLUTIONS
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