11901 4Th N St # 11311 St Petersburg FL 33716 MLS T3517691
$135,000
11901 4Th N St # 11311
St Petersburg,
FL
33716
MLS# T3517691
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Home Description: 11901 4Th N St # 11311
Discover an exceptional living experience with this beautifully renovated studio, perfectly positioned within the 12.8-acre Baypointe Preserve. Despite its serene setting, the property enjoys a prime location on 4th Street North, in the vibrant Gateway area, offering the best of both worlds.
The studio features a 2023 A/C unit, a recently updated kitchen and bathroom, boasting granite countertops and luxury vinyl plank flooring, adding a touch of elegance to your daily living. Storage is plentiful, thanks to a spacious walk-in closet. Situated on the third floor, the unit opens up to a screened-in balcony, presenting unparalleled views of the lush Preserve, allowing you to enjoy nature's tranquility right from your home.
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 $262 monthly HOA fee is remarkably affordable.
This condo is not only an ideal home but also presents a lucrative investment opportunity. Currently rented with a CAP rate of 8%, it generates steady income, and the lease is in place until September 14, 2024, ensuring immediate returns on your investment. For investors, this property represents a unique cash-only opportunity. Meanwhile, those looking to make it their home can be referred to a Licensed Mortgage Originator, who has experience financing properties within Baypointe Preserve, with options starting at 20% down.
All property inspections and viewings are by appointment only.
Do not disturb occupants.
Neighborhood
The average asking price of a 1 bedroom St Petersburg condo in this zip code is
$153,592 (13.8% more than this home).
This condo is priced at $270/sqft,
which is 13.4% less than similar condos
in the 33716 zip code.
Similar to: 11901 4Th N St # 11311