Active

$218,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 1096 sq ft
Overview
  • ID: MFRTB8453403
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 1096 sq ft
Property Details
Remarks
Cash-flowing investment property now available in a prime St. Petersburg location. This 3 bedroom, 1 bathroom concrete block home is less than one mile from the interstate, providing quick access to Downtown St. Pete, Tampa Bay, and Sarasota. Offering approximately 1,096 square feet of living space, the home features attractive stone accents inside and out, a fireplace, a split floor plan, and ample room to update and add value. The lot design includes an extended driveway and front entrance, creating reduced yard maintenance and additional parking. Auburn Street Community Park is just a short distance away, offering a basketball court, pavilion, and playground areas for outdoor enjoyment. The property is currently tenant occupied and producing steady income, with the tenant paying $2,000 per month on a month-to-month lease, generating approximately $24,000 annually. Located in a high-demand rental market, this home presents a compelling opportunity for investors seeking immediate cash flow, value-add potential, portfolio expansion, 1031 exchange opportunities, or out-of-state buyers looking to secure Florida real estate.
Financial Considerations
Price:
$218,000
HOA Fee:
N/A
Tax Amount:
$1835.71
Price per SqFt:
$198.91
Tax Legal Description:
TANGERINE HIGHLANDS BLK F, LOT 2
Exterior Features
Lot Size:
3881
Lot Features:
City Limits, Near Public Transit, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Central
Cooling:
Central Air
Appliances:
Electric Water Heater, Range, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1926
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
Buyer to verify all restrictions with the City of St Pete.
Map
  • Address
    2011 AUBURN ST S
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