1002 18th Avenue S, ST PETERSBURG, FL 33705
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Priced at Only: $695,000
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Address: 1002 18th Avenue S, ST PETERSBURG, FL 33705
Property Location and Similar Properties
- MLS#: U8231688 ( Residential )
- Street Address: 1002 18th Avenue S
- Viewed: 6
- Price: $695,000
- Price sqft: $297
- Waterfront: No
- Year Built: 1920
- Bldg sqft: 2342
- Bedrooms: 4
- Total Baths: 3
- Full Baths: 3
- Days On Market: 305
- Additional Information
- Geolocation: 27.7518 / -82.6482
- County: PINELLAS
- City: ST PETERSBURG
- Zipcode: 33705
- Subdivision: Cromwell Heights
- Provided by: MELANGE REAL ESTATE INC
- Contact: Mark Nathwani
- 813-400-0077
- DMCA Notice
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DescriptionThis prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4 year old roof and a 4 year old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.
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- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Lighting, Sidewalk
- Fencing: Fenced
- Flooring: Carpet, Tile
- Living Area: 2342.00
- Roof: Shingle
Property Information
- Property Condition: Completed
Garage and Parking
- Garage Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Water Available, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2023
Other Features
- Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
- Country: US
- Interior Features: Ceiling Fans(s), Window Treatments
- Legal Description: CROMWELL HEIGHTS BLK B, LOT 1
- Levels: One
- Area Major: 33705 - St Pete
- Occupant Type: Tenant
- Parcel Number: 31-16-25-19350-002-0010
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- Samantha Archer, Broker
- Tropic Shores Realty
- Mobile: 727.534.9276
- samanthaarcherbroker@gmail.com