Residential Property - Single Family Residence in St Petersburg
Listing Price: $218,000
Description of Property
Cash-flowing investment property now available in a prime St. Petersburg location. This 3 bedroom, 1 bathroom concrete block home is less than one mile from the interstate, providing quick access to Downtown St. Pete, Tampa Bay, and Sarasota. Offering approximately 1,096 square feet of living space, the home features attractive stone accents inside and out, a fireplace, a split floor plan, and ample room to update and add value. The lot design includes an extended driveway and front entrance, creating reduced yard maintenance and additional parking. Auburn Street Community Park is just a short distance away, offering a basketball court, pavilion, and playground areas for outdoor enjoyment. The property is currently tenant occupied and producing steady income, with the tenant paying $2,000 per month on a month-to-month lease, generating approximately $24,000 annually. Located in a high-demand rental market, this home presents a compelling opportunity for investors seeking immediate cash flow, value-add potential, portfolio expansion, 1031 exchange opportunities, or out-of-state buyers looking to secure Florida real estate.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Tangerine Highlands
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,096
Sq. Ft. Living Area: 1,096
Cost per (heated) sqare foot: $199
Year built: 1926
Annual Tax: $1,836
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Family Room
Flooring: Vinyl
Schools
Elementary School: Melrose Elementary-PN
Middle/Junior High School: John Hopkins Middle-PN
High School: Gibbs High-PN
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Concrete Perimeter
Roof: Shingle
Exterior Features: Sidewalk
Parking Features: Driveway
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Trees/Woods
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.09
Lot Size (sq. ft.): 3,881 square feet
Lot Dimensions: 64 x 62
Road Frontage: Street Paved
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 263116896400060020
Tax Legal Desc.: TANGERINE HIGHLANDS BLK F, LOT 2
Section: 26
Range: 16
Listing courtesy of RE/MAX REALTY UNLIMITED. 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.
