Residential Property - Single Family Residence in St Petersburg
Listing Price: $269,000 (Mortgage Calculator →)
Description of Property
CASH FLOWING INVESTMENT OPPORTUNITY! This 4-bedroom, 1.5-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,621 per month with an annual tenant lease in place, this property offers immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 4 bedrooms, 1.5 bathroom, Built in 1925 with quality construction, poured footing foundation, and composition roof, 5,550 SqFt lot providing excellent privacy and outdoor space, central air conditioning and heating for year-round comfort. RECENTLY UPDATED FEATURES: Fresh interior and exterior paint throughout, Updated flooring, Updated kitchen cabinets, Updated fixtures throughout, All cosmetic improvements completed and move-in ready. INVESTMENT ADVANTAGES: Verified rental income: $2,621/month with annual lease thru June 2026, Satisfactory 4-point inspection report - transferable to Buyer, Current wind mitigation report - transferable to Buyer, Turnkey operation - no known immediate capital improvements needed, Excellent rental market in rapidly appreciating St. Petersburg area. FINANCIAL OVERVIEW: Monthly Rental Income: $2,621, Annual Rental Income: $31,452. This property is perfectly positioned in St. Petersburg's strong rental market, where demand continues to outpace supply. PERFECT FOR: New investors seeking immediate cash flow, Experienced investors looking to expand their portfolio, 1031 exchange opportunities, Out-of-state investors wanting turnkey Florida real estate. Don't miss this rare opportunity to acquire a cash-flowing investment property with established income, transferable reports, and recent updates - Act now, before this exceptional investment opportunity is gone!
Bedrooms: 4
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,643
Garage: No
Carport: No
Parking Features:
Spa Features:
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Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Tangerine Terrace
Bedrooms: 4
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,643
Sq. Ft. Living Area: 1,354
Cost per (heated) sqare foot: $199
Year built: 1925
Annual Tax: $3,141
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Decorative
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Bungalow
Construction: Wood Siding
Foundation: Crawlspace
Roof: Shingle
Exterior Features: Other
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
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Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: City Lot
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,489 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: Private Financing Available
Parcel Number: 263116896760080080
Tax Legal Desc.: TANGERINE TERRACE BLK 8, LOT 8
Section: 26
Range: 16
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.