• 4761 1st Avenue Saint Petersburg, FL 33713

  • $1,150,000
  • 8
    Bed(s)
  • 5
    Baths
  • 2,515
    Sq Ft
  • 0.15
    Acre
  • Listed By: PRICE PROPERTIES & INVESTMENTS, LLC
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CONFIDENTIALITY AGREEMENT REQUIRED FOR ADDITIONAL INFORMATION *This is an income producing property* Well-established single-family home with an ADU in St Petersburg with a projected $94,745 of Net Operating Income on existing leases in the NTM. Many leases are below market w/ significant rent growth available upon turnover. The property had a full gut renovations in 2021 with new roofs, electricity, plumbing, hvac, kitchens, baths, drywall, cabinets, lighting, pavers and flooring. This property has higher end finishes and have been built to last. This property is located in an area with significant new development activity, and is zoned in the new zoning district NTM-1. This property is best suited for a passive, cash flow oriented investor(s) seeking a stable long term investment in a fast-growing market of St Petersburg, Florida. Property management in place and willing to manage post transaction for 10% of collected rent. Potential buyers must prove financial ability to close and be familiar with valuing property based on cash flow. Seller will give preference to offers with lower loan to value ratios. Seller may consider seller financing with the right legal structure and a minimum of $350k of cash equity and no other liens. Seller is local, believes in the upside potential of this portfolio, is willing to stay involved, and is selling to facilitate retirement.

Property Type :

Residential

Subdivision :

Central Park Rev

County :

Pinellas

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 8

Bathroom Information

Total Baths: 5

Full Baths: 5

Interior Features

Living Room/Dining Room Combo, Thermostat

Roof : Shingle

Appliances : Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener

Laundry Features: Gas Dryer Hookup, Laundry Room, Washer Hookup

Roofing Information

Shingle

Flooring Information

Flooring : Wood

Construction Materials : Wood Frame

Heating & Cooling

Heating: Central, Electric, Gas, Wall Units / Window Unit

Cooling: Central Air, Mini-Split Unit(s)

WaterSource: Public

Building Information

Year Built: 1925

Exterior Features

Courtyard, Lighting, Outdoor Shower

Construction Materials: Wood Frame

Foundation Details: Crawlspace

Lot Information

Lot Square Feet: 6351

Lot Acres: 0.15

Lot Size (SqMt): 590

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Listing Price Information

Original List Price: $1150000

Tax Information

Tax Block: 5

Tax Book Number: 1-39

Tax Lot: 11

Tax Legal Description: CENTRAL PARK REV BLK 5, LOT 11

Annual Tax: $8539

Tax Year: 2023

Parcel Number: 21-31-16-14562-005-0110

School Information

Elementary School: Northwest Elementary-PN

Junior High School: Azalea Middle-PN

Senior High School: Boca Ciega High-PN

Utility Information

BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Solar, Street Lights, Underground Utilities, Water Available, Water Connected

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: CENTRAL PARK REV

City: ST PETERSBURG

Direction: head south on US-19, make right on 1st Ave N, and then house will be on right side of the street between 47th St and 48th St

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2168 9th Ave N, Saint Petersburg, FL,33713 $639,000 7 2 1,612 0.25 Acre
2800 Dartmouth Avenue, Saint Petersburg, FL,33713 $899,999 7 4 2,445 0.28 Acre
1744 27th Avenue, Saint Petersburg, FL,33713 $329,000 3 1 1,347 0.15 Acre
1051 25th Street, Saint Petersburg, FL,33713 $1,060,000 -- -- 51,802 1.19 Acres
3136 12th Avenue, Saint Petersburg, FL,33713 $415,000 2 1 1,320 0.15 Acre
380 25th Street, Saint Petersburg, FL,33713 $820,000 4 3 1,963 0.16 Acre
4621 34th Avenue, Saint Petersburg, FL,33713 $399,999 3 2 1,584 0.2 Acre
3429 37th Street, Saint Petersburg, FL,33713 $477,588 3 2 1,828 0.24 Acre
2625 1st Ave N, Saint Petersburg, FL,33713 $895,000 3 4 2,232 0.03 Acre
2300 41st Street, Saint Petersburg, FL,33713 $657,900 4 3 2,552 0.18 Acre

Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 04/29/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 04/29/2024 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 04/29/2024 @ 06:20

MLS: MFRMLS #W7861395
LISTED BY: Nick Price, PRICE PROPERTIES & INVESTMENTS, LLC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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