Active

$234,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 878 sq ft
Overview
  • ID: MFRTB8405657
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 878 sq ft
Property Details
Remarks
EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY INVESTMENT. This 3-bedroom, 1-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,296 per month with an annual Housing Authority tenant lease in place, this property offers immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 3 bedrooms, 1 bathroom, Built in 1956 with quality masonry construction, Concrete foundation and composition roof, 5,558 SqFt lot providing excellent privacy and outdoor space, Central air conditioning and heating for year-round comfort. RECENTLY UPDATED FEATURES: Fresh interior and exterior paint throughout, Updated flooring, Updated kitchen cabinets, Updated fixtures throughout, All cosmetic improvements completed and move-in ready. INVESTMENT ADVANTAGES: Verified rental income: $2,296/month with annual lease, Satisfactory 4-point inspection report - transferable to Buyer, Current wind mitigation report - transferable to Buyer, Turnkey operation - no known immediate capital improvements needed, Excellent rental market in rapidly appreciating St. Petersburg area. FINANCIAL OVERVIEW: Monthly Rental Income: $2,296, Annual Rental Income: $27,552, Stable tenant with lease in place. This property is perfectly positioned in St. Petersburg's strong rental market, where demand continues to outpace supply. PERFECT FOR: New investors seeking immediate cash flow, Experienced investors looking to expand their portfolio, 1031 exchange opportunities, Out-of-state investors wanting turnkey Florida real estate. Don't miss this rare opportunity to acquire a cash-flowing investment property with established income, transferable reports, and recent updates - Act now, before this exceptional investment opportunity is gone!
Financial Considerations
Price:
$234,000
HOA Fee:
N/A
Tax Amount:
$1964
Price per SqFt:
$266.51
Tax Legal Description:
ROYAL'S, ROSA E. SUB LOT 14
Exterior Features
Lot Size:
5558
Lot Features:
City Limits, Level, Near Public Transit, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1954
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
Buyer / Buyer Agent responsible for verifying leasing restrictions with local Municipality.
Map
  • Address
    1221 30TH ST S
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 335,000
avt
Daniel Dourado
$ 390,000
avt
Daniel Dourado
$ 694,900
avt
Daniel Dourado
$ 949,990
avt
Daniel Dourado
$ 639,900
avt
Daniel Dourado
$ 345,000
avt
Daniel Dourado
$ 735,000
avt
Daniel Dourado
$ 459,000
avt
Daniel Dourado
$ 379,000
avt
Daniel Dourado
$ 650,000