4761 1st Avenue N, ST PETERSBURG, FL 33713
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  • MLS#: W7861395 ( Residential )
  • Street Address: 4761 1st Avenue N
  • Viewed: 16
  • Price: $1,100,000
  • Price sqft: $310
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 3544
  • Bedrooms: 8
  • Total Baths: 5
  • Full Baths: 5
  • Days On Market: 330
  • Additional Information
  • Geolocation: 27.7721 / -82.698
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33713
  • Subdivision: Central Park Rev
  • Elementary School: Northwest Elementary PN
  • Middle School: Azalea Middle PN
  • High School: Boca Ciega High PN
  • Provided by: PRICE PROPERTIES & INVESTMENTS, LLC
  • Contact: Nick Price
  • 727-453-2165
  • mfrmls
  • DMCA Notice
  • Description
    DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CA REQUIRED FOR ADDITIONAL INFORMATION *This is an income producing property* Well established single family home with an ADU in St Petersburg with a projected $94,745 of Net Operating Income on existing leases in the NTM. Many leases are below market w/ significant rent growth available upon turnover. The property had a full gut renovations in 2021 with new roofs, electricity, plumbing, hvac, kitchens, baths, drywall, cabinets, lighting, pavers and flooring. This property has higher end finishes and have been built to last. This property is located in an area with significant new development activity, and is zoned in the new zoning district NTM 1. This property is best suited for a passive, cash flow oriented investor(s) seeking a stable long term investment in a fast growing market of St Petersburg, Florida. Property management in place and willing to manage post transaction. Potential buyers must prove financial ability to close and be familiar with valuing property based on cash flow. Seller will give preference to offers with lower loan to value ratios. Seller may consider seller financing with the right legal structure and a minimum of $350k of cash equity and no other liens. Seller is local, believes in the upside potential of this portfolio, is willing to stay involved, and is selling to facilitate retirement.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, Lighting, Outdoor Shower
  • Fencing: Fenced, Wood
  • Flooring: Wood
  • Living Area: 2515.00
  • Roof: Shingle
School Information
  • High School: Boca Ciega High-PN
  • Middle School: Azalea Middle-PN
  • School Elementary: Northwest Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Parking Pad
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric, Gas, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Solar, Street Lights, Underground Utilities, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Country: US
  • Interior Features: Living Room/Dining Room Combo, Thermostat
  • Legal Description: CENTRAL PARK REV BLK 5, LOT 11
  • Levels: Two
  • Area Major: 33713 - St Pete
  • Occupant Type: Tenant
  • Parcel Number: 21-31-16-14562-005-0110
  • Views: 16
  • Zoning Code: NTM-1
Headshot for Associate Samantha Archer
  1. Samantha Archer, Broker
  2. Tropic Shores Realty
  3. Mobile: 727.534.9276
  4. samanthaarcherbroker@gmail.com