Active

$269,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1354 sq ft
Overview
  • ID: MFRTB8405674
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1354 sq ft
Property Details
Remarks
CASH FLOWING INVESTMENT OPPORTUNITY! This 4-bedroom, 1.5-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,621 per month with an annual tenant lease in place, this property offers immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 4 bedrooms, 1.5 bathroom, Built in 1925 with quality construction, poured footing foundation, and composition roof, 5,550 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: $2,621/month with annual lease thru June 2026, 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: $2,621, Annual Rental Income: $31,452. 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:
$269,000
HOA Fee:
N/A
Tax Amount:
$3141
Price per SqFt:
$198.67
Tax Legal Description:
TANGERINE TERRACE BLK 8, LOT 8
Exterior Features
Lot Size:
5489
Lot Features:
City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Tile, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1925
Construction Type:
Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
Buyer / Buyer Agent responsible for verifying lease restrictions with local Municipality.
Map
  • Address
    3308 QUEENSBORO AVE S
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