1002 18th Avenue South
$695,000
4
3
2,342
2,342
$297
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...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.
- Listed by Mark Nathwani • MELANGE REAL ESTATE INC
Property Details for 1002 18th Avenue South
Subdivision Name
CROMWELL HEIGHTS
Township31
WaterfrontNo
LISTING UPDATED: 09/03/2024 07:45 PM
Property Details for 1002 18th Avenue South
Status | Active |
---|---|
MLS # | U8231688 |
Days on Market | 274 |
Taxes | $4,393 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1920 |
Lot Size | 0.15 AC / 6,351 SF |
County | Pinellas County |
Building Information for 1002 18th Avenue South
Stories-Year Built1920Building Size-Lot Size0.15 AC / 6,351 SF
Property Information for 1002 18th Avenue South
Property History for 1002 18th Avenue South
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1002 18th Avenue South
Taxable ValueLand-Additions-Total-
Tax Record2023$4,392 ($366 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt2,342 SqFtAbove Grade Finished SqFt2,342 SqFtStories2Lot Size6,351 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1993CountyPINELLASAPN25-31-16-19350-002-0010Fireplace TypeHas Fireplace
Schools near 1002 18th Avenue South
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Campbell Park Elementary School PublicPK to 5 | ||
John Hopkins Middle School Public6 to 8 | ||
Gibbs High School Public9 to 12 | ||
MIDTOWN ACADEMY PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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