Residential Property - Single Family Residence in Pinellas Park
Listing Price: $315,000 (Mortgage Calculator →)
Description of Property
Excellent opportunity to acquire a tenant-occupied single-family residence in Pinellas Park with strong in-place rental income. This 4-bedroom, 2-bathroom home offers approximately 1,354 square feet of living space and is currently leased at $2,490 per month, providing immediate income from day one. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Pinellas Park
County: Pinellas
Subdivision: Hoffman Heights
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 1,639
Sq. Ft. Living Area: 1,354
Cost per (heated) sqare foot: $233
Year built: 1947
Annual Tax: $4,406
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Crawlspace
Roof: Shingle
Exterior Features: None
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.15
Lot Size (sq. ft.): 6,599 square feet
Lot Dimensions: 60 x 110
Front Exposure: East
Legal Description & Other Information
Parcel Number: 293016403020000120
Tax Legal Desc.: HOFFMAN HEIGHTS LOT 12
Section: 29
Range: 16
Listing courtesy of COMPASS FLORIDA LLC. 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.