Active

$299,900

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1237 sq ft
Overview
  • ID: MFRTB8536774
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1237 sq ft
Property Details
Remarks
WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. Built in 2005, this 3-bedroom, 2-bath single-family home offers approximately 1,237 square feet of living space on a roughly 7,000-square-foot lot. Features include block construction, tile flooring throughout, arched doorways, a great-room layout, eat-in kitchen and inside laundry, plus a new HVAC system installed in 2025. Its central South St. Petersburg location provides convenient access to downtown, I-275, parks, schools, and the city’s waterfront, dining, cultural and entertainment districts Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 – 791 35th Ave S; TB8534657 – 2621 6th St S; TB8535980 – 1120 11th Ave S; TB8535101 – 1430 14th Ave S; TB8534682 – 1440 Prescott St S; TB8535169 – 1944 12th Ave S; TB8535157 – 4419 18th Ave S.
Financial Considerations
Price:
$299,900
HOA Fee:
N/A
Tax Amount:
$3581.22
Price per SqFt:
$242.44
Tax Legal Description:
KRAMER & WALKER'S SUB LOT 10
Exterior Features
Lot Size:
7013
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2005
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
N/A
Map
  • Address
    1120 11TH AVE S
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