1002 18Th S Ave, St Petersburg, FL 33705
$695,000
Reduced By $55,000
last change 8/17/2024
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Home Description
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.
- Interior Features: Ceiling Fans(s),Window Treatments
- Appliances: Electric Water Heater,Range,Range Hood,Refrigerator
- Floor Covering: Carpet,Tile
- Exterior Features: Lighting,Sidewalk
- Exterior Contruction: Wood Frame,Wood Siding
- Foundation: Crawlspace
- Front Exposure: West
- Roof: Shingle
- Building Sqft: 2342
Available now at $695,000
Approximate Room Sizes / Descriptions
| Kitchen | 26x10 | First | |
| Kitchen | 16x11 | First | |
| Great Room | | First | |
| Primary Bedroom | 17x11 | First | Carpet |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central,Electric
- Utilities: Cable Available,Electricity Available,Electricity Connected,Public,Sewer Available,Water Available,Water Connected
- Lot Sqft: 6351.00
- Lot Acres: 0.1500
- Total Acre: 0 to less than 1/4
- Lot Num: 1
- Style: Single Family Residence
Neighborhood
The average asking price of a 4 bedroom St Petersburg home in this zip code is
$970,003 (39.6% more than this home).
This home is priced at $297/sqft,
which is 32.7% less than similar homes
in the 33705 zip code.
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Financial
- Approx Payment:$3,381*
- Taxes:$4,393
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 252-3959 and speak with one of our real estate consultants.
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$653,871
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71
0.0%
39.4%
73
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16
0.0%
31.2%
75
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117
1.7%
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88
$925,132
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44
4.5%
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65
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28
0.0%
35.7%
80
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181
1.7%
48.1%
70
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7
0.0%
28.6%
111
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114
0.0%
40.4%
60
$4,444,273
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22
0.0%
50.0%
153
$1,225,937
$980,000
73
1.4%
37.0%
69
Listing Courtesy of MELANGE REAL ESTATE INC.
For information or to schedule a viewing of this property (MLS# U8231688), call: 407-252-3959
1002 18Th S Ave, St Petersburg FL is a single family home of 2342 sqft and
is currently priced at $695,000
.
This single family home has 4 bedrooms.
A comparable home for sale at 1020 Country Club S Way in St Petersburg is listed at $399,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in St Petersburg, FL.
Bay Vista Park, Point Pinellas and South Shore Park are nearby neighborhoods.
MLS U8231688 has been posted on this site since 2/21/2024 (today).