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5050 74th Street N Unit 1, St Petersburg
$975,000
9 Beds ⋅ 6 Baths ⋅ St. Pete SubDv. ⋅ 33709 Zip Code
1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! FOUNDATION REPAIRS COMPLETED!!! RECENTLY REMODELED!!!! ADDITIONAL WATERFRONT LOT INCLUDED!!! ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH 135Ft OF WATER FRONTAGE!!!! Fully occupied cash generating investment property and all tenants are on MONTH TO MONTH AGREEMENTS!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. CURRENT RENTS ARE AS FOLLOWS: $1,800, $1,800, $1,800, $1,200, $1,200 $1,150 Total: $8,950 per month and $107,400 total income per year!!! Expenses: $250 per month for water garbage pickup $94 per month, $4,128 annually. Taxes $6,800 annually and Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $92,368!!! Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air. 10% cap rate with opportunity to boost to 12-15% cap rate with rent raise and laundry area addition!!!

5050 74th Street N Unit 1, St Petersburg
5660 80th Street N Unit A208, St Petersburg
$180,000
2 Beds ⋅ 2 Baths ⋅ Five Towns Of St Pete SubDv. ⋅ 33709 Zip Code
Welcome to the highly desirable Five Towns of St Pete! This fully renovated 2 bed/2 bath second-floor, corner unit offers the perfect blend of comfort, convenience, and resort-style living for those aged 55 and above. This unit offers two separate entrances one that leads to the inviting open floor plan, seamlessly connecting the living, dining, and fully updated kitchen and the other entrance leads to the primary bedroom. Have peace of mind with impact-rated hurricane windows throughout the unit. Enjoy the convenience of an elevator and laundry room located on the same floor. This pet friendly community offers an array of recreational facilities, including six heated pools, clubhouses, card rooms, billiards, libraries, fitness centers, tennis courts, shuffleboard, horseshoe pits, bocce ball, and a fire pit. With events happening nearly every day of the week and a variety of clubs and social activities, there's never a dull moment. The condo fee covers a plethora of amenities, including pools, fitness centers, cable TV, gas, flood/hazard insurance, internet, exterior maintenance, grounds care, security, sewer, trash, and water. Convenient amenities abound with RV parking/boat facilities, a car wash facility, and a shuttle bus service to local shops and stores. Nestled near Bay Pines and the Pinellas Trail, and just minutes from world-famous beaches, shopping malls, banks, grocery stores, medical centers, restaurants, and entertainment venues, everything you need is within reach. Whether you're seeking a tranquil retirement retreat or an active lifestyle filled with community engagement, this meticulously maintained unit offers the perfect blend of comfort and convenience in the heart of St. Pete.

5660 80th Street N Unit A208, St Petersburg