Skip To Content

1002 18th Avenue S

St Petersburg, FL 33705
  • $750,000
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: U8231688
UPDATED: 48 min ago
$750,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,342
    SQFT
  • $320
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:
Area:

School Ratings & Info

Description

This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.

Monthly Payment Calculator




© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-20T22:47:16.227.
www.sarasotahomes.io/homes/147803356
Print Image

1002 18th Avenue S St Petersburg, FL 33705

  • Price: $750,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 48 min ago
  • MLS #: U8231688
4
Beds
3
Baths
0
½ Baths
0.15
Acres
2,342
SQFT
$320
$/SQFT
1920
Built
Neighborhood:
Cromwell Heights
County:
Pinellas
Area:
St Pete
Property Description
This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.
Exterior Features

Carport Yn No Construction Materials Wood FrameWood Siding Direction Faces West Exterior Features LightingSidewalk Fencing Fenced Foundation Details Crawlspace Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Electric Water HeaterRangeRange HoodRefrigerator Building Area Total 2342 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetTile Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(s)Window Treatments Laundry Features Electric Dryer HookupNoneWasher Hookup Levels One Sewer Public Sewer Water Source Public

Property Features

Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum Month To Month Or Weekly Yn No New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Single Family Residence Realtor Info As-IsCurrently LeasedList Agent is Owner Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4393 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableElectricity ConnectedPublicSewer AvailableWater AvailableWater Connected


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MELANGE REAL ESTATE INC: 813-400-0077.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-20T22:47:16.227.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_U8231688-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_U8231688-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_2_U8231688-2.jpg
Logo
Bright Realty
5218 Station Way
Sarasota FL, 34233