5050 74th Street N
SAINT PETERSBURG, FL 33709
- 9 beds
- 6 baths
- 3,409 sqft
- 15,494 sqft lot
- $286 per sqft
- 1980 build
- – on site
ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
Listing courtesy of STELLAR_MLS / LPT REALTY
Last checked:
Checking…
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Last updated Oct 16, 2024
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MLS# TB8302468 —
The Building
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Year Built:1980
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New Construction:false
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Construction Materials:Stucco
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Levels:One
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Stories Total:1
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Roof:Shingle
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Foundation Details:Block
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Building Area Total:3409
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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:Other
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Flooring:Tile
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Fireplace:false
Room Dimensions
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Living Area:3409
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:I-275 EXIT AT 54TH AVE. N. HEAD WEST TO 71ST. N. TURN LEFT, GO TO 50TH AVE. TURN RIGHT, AT END OF STREET TURN RIGHT ONTO 74TH ST. TO ADDRESS.
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Latitude:27.817884
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Longitude:-82.741431
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Coordinates:-82.741431, 27.817884
The Property
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Parcel Number:063116000002201700
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Property Type:Residential
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Property Subtype:Single Family Residence
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Lot Size Acres:0.36
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Lot Size Area:15494
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Lot Size SqFt:15494
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Lot Size Dimensions:98 x 156
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:R-4
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Direction Faces:East
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View:Water
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View:true
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Exterior Features:Lighting
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:AE
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Additional Parcels:true
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Additional Parcels Description:247
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Homestead:true
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 260-2142
- Office phone:
- (877) 366-2213
Taxes
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Tax Year:2023
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Tax Lot:247
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Tax Block:06-31-1
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Tax Legal Description:PART OF NW 1/4 OF NW 1/4 OF SEC 6-31-16 DESC FROM SE COR OF NW 1/4 OF NW 1/4 OF SEC TH N00D47'45"E 160.08FT FOR POB TH N89D45'10"W 142.63FT TO E'LY R/W OF JOE'S CREEK TH CUR RT RAD 1198.57FT ARC 101.4FT CB N14D33'35"W 101.37FT TH S89D45'10"E 169.48FT TH S00D47'45"W 98FT TO POB
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Tax Book Number:27-31
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Tax Annual Amount:6836.17
Beds
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Bedrooms Total:9
Baths
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Total Baths:6
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Total Baths:6
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Full Baths:6
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8302468
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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:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Convection Oven
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Laundry Features:Inside
The Community
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Subdivision Name:DIST:LFPW SEC/TWN/RNG/MER:SEC 06 TWN 31S RNG 16E P
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Senior Community:false
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Water View:false
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Water Access:Canal - Saltwater
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Water Access:true
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Waterfront:true
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Waterfront Features:Canal - Saltwater
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Pool Private:false
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
Monthly cost estimate
Asking price
$975,000
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. |
$5,220
|
Taxes | $569 |
Insurance | $268 |
Utilities | $304 See report |
Total | $6,361/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).
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.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/11/24
Sep 11, 2024
|
Listed / Active | STELLAR_MLS | $975,000 |