11901 4Th N St # 10206 St Petersburg FL 33716 MLS O6195751

$159,000

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Home Description: 11901 4Th N St # 10206

Introducing a 1-bedroom, 1-bath condo nestled within the serene 12.8-acre Baypointe Preserve, a community that effortlessly combines natural beauty with urban convenience. This second-floor residence is ideally located on 4th Street North in the Gateway area, offering an exceptional living experience for those who value both tranquility and accessibility. The condo boasts a seamless blend of elegance and comfort, featuring new luxury vinyl plank flooring throughout, adding both style and durability to your home. The open-plan living and dining area, complemented by a kitchen equipped with stainless steel appliances and granite countertops, provides the perfect setting for entertaining or relaxing. The master bedroom, with its generous walk-in closet, offers ample storage and a personal retreat. Additionally, a laundry closet with a full-size washer and dryer adds convenience to daily living. Ease of access is a given, with the I-275 just a stone's throw away, connecting you to local beaches, Tampa International, downtown St. Petersburg, and numerous shopping destinations in minutes. Baypointe Preserve stands out with its resort-style gated community, offering a host of amenities including a tropical pool with spa, sun decks, a fitness center, outdoor grills, dog parks, covered bike racks, and a car wash area. Plus, with water, sewer, and trash services included, the $339 monthly HOA fee is remarkably affordable. This condo represents a lucrative investment opportunity, with a CAP rate of 8% and a current lease on a flexible month-to-month basis, requiring just 60 days' notice for occupancy changes. This arrangement offers both immediate income potential and the possibility for personal use or re-leasing on your terms in the near future.