Active

$550,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2093 sq ft
Overview
  • ID: MFRTB8517074
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2093 sq ft
Property Details
Remarks
330 20th Ave S, St. Petersburg, FL — Income Producing QUADPLEX Two separate duplexes on one property. One duplex in front (single story, side by side), one duplex in the rear (1 unit upstairs, 1 unit downstairs) Exceptional investment opportunity in the highly desirable Old Southeast neighborhood of St. Petersburg. This well-maintained income-producing property consists of two separate duplex buildings, offering immediate cash flow with additional upside potential. The front building is a single-story duplex featuring two 1-bedroom, 1-bath units. The rear building includes a 1-bedroom, 1-bath unit on the main floor and a spacious 2-bedroom, 1-bath unit upstairs, providing a desirable unit mix for a variety of tenants. Three units are currently leased at $1,495, $1,395, and $1,445 per month, while one unit is vacant and ready for occupancy at $1,495 per month. With the 4th unit rented at $1345 a CAP rate of approximately 9.5% would be achieved. This property offers solid cash flow today with room for rental growth tomorrow, making it ideal for both seasoned investors and those looking to expand their portfolio. Located just minutes from vibrant Downtown St. Petersburg, residents enjoy quick access to waterfront parks, Beach Drive, the St. Pete Pier, restaurants, shopping, museums, and major employment centers. The Old Southeast neighborhood continues to see strong demand and long-term appreciation, making this a strategic addition to any investment portfolio. Don’t miss this opportunity to own a versatile, income-producing asset in one of St. Pete’s most sought-after locations.
Financial Considerations
Price:
$550,000
HOA Fee:
N/A
Tax Amount:
$10423.77
Price per SqFt:
$262.78
Tax Legal Description:
ROUSLYNN BLK 10, LOT 10
Exterior Features
Lot Size:
7009
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Cooktop
Furnished:
Yes
Floor:
Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1948
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
None, Private Yard
Additional Features 2:
N/A
Map
  • Address
    330 20TH AVE S
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