Residential Property - Single Family Residence in St Petersburg
Listing Price: $229,000 (Mortgage Calculator →)
Description of Property
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!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Laughners Ext Of Kerr Add
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 936
Sq. Ft. Living Area: 936
Cost per (heated) sqare foot: $245
Year built: 1924
Annual Tax: $2,986
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Laminate
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Other
Foundation: Crawlspace
Roof: Shingle
Exterior Features: Lighting
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: None
Lot Information
Lot Size (acres): 0.16
Lot Size (sq. ft.): 6,787 square feet
Lot Dimensions: 51 x 134
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 303117504000100190
Tax Legal Desc.: LAUGHNER'S EXTENSION OF KERR ADD BLK 10, LOT 19
Section: 30
Range: 17
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.