Eco Friendly
Address
1002 18th AVENUE S, ST PETERSBURG, FL
Price
$ 750,000
Property Attributes
  • MLS#U8231688
  • TypeSingle Family
  • CountyPINELLAS
  • CityST PETERSBURG
  • AreaSt Pete
  • NeighborhoodCromwell Heights
  • Zip33705
  • StyleSingle Family Residence
  • Year Built1920
  • Taxes$ 4393
  • Price$ 750,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2342
  • Lot Size6,534 SqFt
Data Source:
Stellar MLS
Property 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.

Price History
2/22/2024 Listed $750,000

General Features

Interior Features Ceiling Fan(s),Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Available,Electricity Available,Electricity Connected,Public,Sewer Available,Water Available,Water Connected
Roof Shingle
Appliances Electric Water Heater,Range,Range Hood,Refrigerator
Exterior Features Lighting,Sidewalk
Construction Materials Wood Frame,Wood Siding
Year Built 1920
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name CROMWELL HEIGHTS
Facing Direction West
Garage Y/N No
Total Rooms 4
Status Active
Directions MLK to 18th Ave to Property
City ST PETERSBURG
Buyer Agent Compensation 2.5%-$395
Senior Community Y/N No
MLS Area 33705 - St Pete
Lot Size Square Feet 6351
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 18th
Listing Terms Cash,Conventional
Tax Annual Amount 4393
Property Condition Completed
Public Remarks 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 an
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8231688
Days on Market 16
Standard Status Active
Tax Lot 1
Legal Description CROMWELL HEIGHTS BLK B,LOT 1
Minimum Lease No Minimum

Interior Features

Flooring Carpet,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Street Suffix AVENUE
Laundry Features Electric Dryer Hookup,None,Washer Hookup
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 3
Living Area Units Square Feet

Exterior Features

Fencing Fenced
Water Source Public
Lot Size Area 6351
Foundation Details Crawlspace
Building Area Total 2342
Lot Size Acres 0.15
Road Surface Type Asphalt
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33705

Price
AVG $770K
$750K
Taxes
AVG $4,901
$4,393
Visits
AVG 518
529
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1920

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