SAINT PETERSBURG, FL 33705 2025 7th STREET S

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Presented By: PREMIER PORTFOLIO INTL REALTY with 727-471-4980. - 727-251-0947
  • MLS# U8248112
  • 07/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 11
  • Baths • 9
  • SQFT • 4,632

Home Details

INCREDIBLE CASH-FLOWING PROPERTY !!!! OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *8-Unit Multifamily Investment Opportunity in Downtown St. Petersburg!* *Location:* Just minutes from downtown St. Petersburg, this property offers unparalleled access to the city's vibrant amenities, attractions, and employment opportunities. *Property Highlights:* - 8 spacious units full updated in 2021/2022 (6 units 1 bed , 1 unit 2 beds , 1 unit 3 beds 2 baths) - 11 bedrooms and 9 bathrooms. - Gated front and back yards provide privacy and security - On-site laundry room for added convenience - Beautifully landscaped grounds with ample parking - Strong income potential with most tenants under housing authority programs -800sqft storage on site not cash-flowing at the moment (you can get extra money on renting it. $500/600 monthly even more if you split it) or convert it in extra bedrooms , it is already considered heated sqft. *Financial Highlights:* - Monthly income $13,420 - Gross Annual Income: $161,020+ - Net Operating Income (NOI): $123,900+ - Cap Rate: 7.3 % - Average Rent per Unit: $1,677 OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *Additional Features:* - Individual unit meters for electricity and water - Security cameras and motion-sensitive lighting - Close proximity to public transportation, shopping, and dining *Don't miss out on this exceptional opportunity to own a cash-flowing multifamily property in one of St. Petersburg's most growing neighborhoods next to Downtown!*
Presented By: PREMIER PORTFOLIO INTL REALTY with 727-471-4980. - 727-251-0947

Interior Features for 2025 7th STREET S

Bedrooms

Total Bedrooms11

Bathrooms

Total Baths9

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry Featurescommon area, laundry room, outside

General for 2025 7th STREET S

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citysaint petersburg
Construction Materialsblock, stucco
Coolingwall/window unit(s)
Countypinellas
Days on Market51
Directionshead south on 4th st s toward i-175 w pass by taco bell (on the right in 0.7 mi) ? 0.9 mi turn right onto 18th ave s ? 0.2 mi turn left onto 7th st s ? 0.2 mi turn right destinatio
Exterior Featuresbalcony, courtyard, fenced, lighting, private mailbox, rain gutters, sidewalk, storage
Flood Zone Codea
Garage Y/NNo
Gross Income161040
Heatingwall units / window unit
Home Owner AssocYes
Interior Featuresceiling fan(s), thermostat
Land Lease Y/NNo
Legal Descriptionschooley's homeville blk 2, lots 5 and 6
Living Area Unitssquare feet
Lot Size Square Feet12367
Lot Size Unitssquare feet
MLS Area33705 - st pete
ModificationTimestamp2024-08-19t14:59:37.907z
New ConstructionNo
NumberOfUnitsTotal8
Ok to Lease12 months
Percent Ownershipfee simple
Property SubTypemulti family
Property Typeresidential income
Roofother
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameschooleys homeville
Tax Annual Amount14298.28
Tax Lot5
Tax Year2023
Tenant Payselectricity, water
Total Actual Rent13420
Utilitieselectricity connected, water - multiple meters
View Y/NNo
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1949

Exterior for 2025 7th STREET S

Building Area Total5882
Foundation Detailsconcrete perimeter, crawlspace
Lot Dimensions101 x 125
Lot Size Acres0.28
Lot Size Area12367
Number of Buildings2
Road Surface Typeconcrete
Water Sourcepublic

Additional Details

Price History

Worth Clark

Price $1,649,000
MLS#U8248112
List Date 07/01/2024
Property Type Income
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