Residential Property - Condominium in St Petersburg
Listing Price: $88,500 (Mortgage Calculator →)Cumulative Days on Market: 98
Description of Property
Turnkey Investment Opportunity! This beautifully updated 1-bedroom, 1-bathroom condo offers the perfect combination of modern updates and immediate rental income. The unit is currently leased for $1,450/ month through July 31st 2027, providing a reliable income stream from day one. Recent improvements include new luxury flooring in the bedroom and fresh interior paint (2025), Weather Tite hurricane-impact windows (2022), a new A/C system (2023), and an updated kitchen featuring newer appliances. These thoughtful upgrades make this home both attractive to tenants and low maintenance for the next owner. An added bonus for investors is that the HOA fee was reduced beginning in January 2026, helping improve the property's overall affordability and long-term investment potential. Whether you're looking to expand your investment portfolio or purchase a move-in-ready condo with future flexibility, this property checks all the boxes. Conveniently located just minutes from the Skyway Marina District, downtown St. Petersburg, Gulf beaches, shopping, dining, and major highways, you'll enjoy easy access to everything the area has. This is a rare opportunity to own a well-maintained, income-producing property in one of St. Petersburg's growing areas. With a stable tenant already in place, recent capital improvements completed, lower HOA fees, and major system updates already taken care of, this condo is an excellent addition to any investment portfolio or a smart purchase for a future owner-occupant.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: St Petersburg
County: Pinellas
Subdivision: Wave The Condo
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 708
Sq. Ft. Living Area: 708
Cost per (heated) sqare foot: $125
Year built: 1962
Annual Tax: $619
HOA Fee: $599 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Refrigerator
Window Features: Storm Window(s)
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Concrete
Foundation: Slab
Roof: Metal
Exterior Features: Balcony
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Lot Information
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 113216952030003140
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: WAVE, THE CONDO UNIT 314
Section: 11
Range: 16
Listing courtesy of CENTURY 21 INTEGRA. 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.