Active

$262,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1189 sq ft
Overview
  • ID: MFRTB8375600
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1189 sq ft
Property Details
Remarks
Extremely rare high & dry duplex - income-producing and packed with upside. The owner’s early retirement offers you the rare chance to secure this remodeled, income-ready duplex in one of the most coveted and storm-resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long-term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value-add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high-and-dry, non-flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house-hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low-maintenance, income-producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheet available. No assignable contracts accepted.
Financial Considerations
Price:
$262,000
HOA Fee:
N/A
Tax Amount:
$3171.42
Price per SqFt:
$220.35
Tax Legal Description:
SUNSHINE HEIGHTS MANOR LOT 19
Exterior Features
Lot Size:
5824
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Built-Up
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Carpet, Tile, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1956
Construction Type:
Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
N/A
Map
  • Address
    5829 32ND ST N
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