Active

$1,280,900

Features:
  • 5 Bedrooms
  • 6 Bathrooms
  • 5143 sq ft
Overview
  • ID: MFRTB8443916
  • Bedrooms: 5
  • Bathrooms: 6
  • Size: 5143 sq ft
Property Details
Remarks
SELLERS MOTIVATED-HOME WARRANTIES OFFERED ON EXSISTING UNITS-NO FLOOD ZONE | CASH-FLOWING MULTIFAMILY | ALL UNITS OCCUPIED | DEVELOPMENT APPROVED — Incredible MULTIFAMILY INVESTMENT OPPORTUNITY IN ST. PETERSBURG, FL spanning APPROXIMATELY 3.5 CORNER LOTS and including FOUR RENOVATED INCOME-PRODUCING UNITS ACROSS THREE STRUCTURES, plus a SEPARATE DEVELOPMENT PARCEL allowing investors to COLLECT RENT WHILE YOU BUILD; existing occupied units include 2728 14TH AVE S (3-BEDROOM / 2-BATH SINGLE-FAMILY HOME), 2722 14TH AVE S (2-BEDROOM / 2-BATH SINGLE-FAMILY HOME), and 2722 14TH AVE S UNITS A & B (TWO REMODELED STUDIO APARTMENTS), all FULLY RENOVATED IN 2022 WITH NEW ROOFS, UPDATED KITCHENS, FLOORING, DOORS, TRIM, AND PAINT, plus NEW LANDSCAPING IN 2025, while the additional parcel at 1416 28TH AVE S consists of a FORMER 5-UNIT BUILDING DEMOLISHED WITH PERMITS (INCLUDING ASBESTOS REMOVAL) and the entire property has been REZONED AND APPROVED FOR UP TO 13 TOTAL UNITS, creating a RARE VALUE-ADD AND DEVELOPMENT OPPORTUNITY in a HIGH-DEMAND RENTAL AREA just MINUTES FROM CENTRAL AVENUE, DOWNTOWN ST. PETE, THE WAREHOUSE ARTS DISTRICT, THE TROPICANA FIELD REDEVELOPMENT AREA, I-275, AND GULF BEACHES, surrounded by NEW CONSTRUCTION AND THRIVING LOCAL BUSINESSES, offering IMMEDIATE CASH FLOW, STRONG UPSIDE, AND LONG-TERM APPRECIATION POTENTIAL.
Financial Considerations
Price:
$1,280,900
HOA Fee:
N/A
Tax Amount:
$16692.74
Price per SqFt:
$249.06
Tax Legal Description:
WILDWOOD SUB LOTS 33 THRU 36
Exterior Features
Lot Size:
19254
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
6
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1926
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    2722 14TH AVE S
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