801 18th Avenue S, ST PETERSBURG, FL 33705
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Priced at Only: $399,000
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Address: 801 18th Avenue S, ST PETERSBURG, FL 33705
Property Location and Similar Properties
- MLS#: TB8432418 ( Residential Income )
- Street Address: 801 18th Avenue S
- Viewed: 18
- Price: $399,000
- Price sqft: $209
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 1908
- Bedrooms: 4
- Total Baths: 2
- Days On Market: 19
- Additional Information
- Geolocation: 27.7523 / -82.6448
- County: PINELLAS
- City: ST PETERSBURG
- Zipcode: 33705
- Subdivision: Stahls Sub
- Provided by: INSTA REAL ESTATE SOLUTIONS
- Contact: Charles Rountree, P.A.
- 813-586-0654
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DescriptionExceptional income producing duplex fully updated & occupied. This meticulously maintained block construction duplex offers immediate cash flow with stable, long term tenants in place. Both units feature 2 bedrooms/1 bathroom and have been updated throughout. Property highlights: total monthly income: $3,713 ($1,800 unit 1 + $1,913 unit 2). Stable tenancy: both units occupied with section 8 voucher recipients on annual lease agreements. Separate utilities: individual water and electric meters tenants pay all utilities. Recent major improvements: newer roof peace of mind for years to come. Updated windows enhanced energy efficiency. Newer hvac systems. Newer water heaters. Complete cosmetic updates fresh interior and exterior finishes. Investment details: gross annual income: $44,556. Established rental history with quality tenants. Section 8 program provides rental payment security. Minimal landlord responsibilities tenants handle utilities. Location advantages: located in the desirable 33705 area of st. Petersburg, this property benefits from the city's robust rental market and ongoing urban revitalization. The 33705 zip code has shown consistent appreciation with average home prices up 6. 8% year over year, making this an excellent long term investment opportunity. Perfect for: experienced investors seeking immediate cash flow. First time investment property buyers (turnkey ready). Portfolio expansion with proven rental income. 1031 exchange candidates. This is a rare opportunity to acquire a fully stabilized, updated duplex with immediate positive cash flow. The combination of recent major improvements, established tenancy, and prime location makes this an exceptional investment in st. Petersburg's growing rental market. Properties of this caliber and cash flow potential move quickly in today's market!
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Private Mailbox
- Flooring: Tile
- Living Area: 1680.00
- Roof: Shingle
Property Information
- Property Condition: Completed
Land Information
- Lot Features: City Limits, Level, Near Public Transit, Oversized Lot
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, 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: 2024
Rental Information
- Tenant Pays: Electricity, Sewer, Water
Other Features
- Appliances: Range, Range Hood, Refrigerator
- Country: US
- Interior Features: Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Legal Description: STAHL'S SUB BLK A, LOT 5
- Area Major: 33705 - St Pete
- Occupant Type: Tenant
- Parcel Number: 30-31-17-85119-001-0050
- Possession: Close Of Escrow
- Views: 18
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