1002 18th Avenue S
St. Petersburg, FL 33705
- 4 beds
- 3 baths
- 2,342 sqft
- 6,351 sqft lot
- $296 per sqft
- 1920 build
- – on site
This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.
Last checked:
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Checking…
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Last updated Oct 19, 2024
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MLS# U8231688 —
The Building
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Year Built:1920
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New Construction:false
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Construction Materials:Wood Frame
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Levels:One
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Roof:Shingle
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Foundation Details:Crawlspace
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Building Area Total:2342
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Carpet
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Fireplace:false
Room Dimensions
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Living Area:2342
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:MLK to 18th Ave to Property
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Latitude:27.751821
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Longitude:-82.648248
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Coordinates:-82.648248, 27.751821
The Property
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Parcel Number:311625193500020010
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Completed
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Lot Size Acres:0.15
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Lot Size Area:6351
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Lot Size SqFt:6351
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Direction Faces:West
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View:false
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Exterior Features:Lighting
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Fencing:Fenced
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Flood Zone Panel:12103C0219H
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 667-6246
- Office phone:
- (813) 400-0077
Taxes
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Tax Year:2023
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Tax Lot:1
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Tax Block:B
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Tax Legal Description:CROMWELL HEIGHTS BLK B, LOT 1
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Tax Book Number:1-12
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Tax Annual Amount:4393
Beds
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Bedrooms Total:4
Baths
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Total Baths:3
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/U8231688
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Appliances:Electric Water Heater
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Laundry Features:Electric Dryer Hookup
The Community
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Subdivision Name:CROMWELL HEIGHTS
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Monthly cost estimate
Asking price
$695,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,721
|
| Taxes | $366 |
| Insurance | $191 |
| Utilities | $231 See report |
| Total | $4,509/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/17/24
Aug 17, 2024
|
Price Changed | STELLAR_MLS | $695,000 | -7.3% |
|
2/21/24
Feb 21, 2024
|
Listed / Active | STELLAR_MLS | $750,000 |
