1405 7th Avenue North
St. Petersburg, FL 33705
$979,000
Price
4
Beds
4
Baths
1,656 Sq. Ft.
$591 / Sq. Ft.
1,656
Sq. Ft.
$591
per Sq. Ft.
Description
Charming 4-Unit Multi-Family Property in Uptown St. Pete Producing $6,082 monthly. Step into a prime investment opportunity with this meticulously renovated 2-story multi-family property in the sought-after Uptown neighborhood of St. Petersburg. This charming building blends historic elegance with modern amenities. Fully leased and generating $6,082 monthly, it promises consistent cash flow and long-term appreciation potential. This property offers an excellent ROI with potential for rent increases....Charming 4-Unit Multi-Family Property in Uptown St. Pete Producing $6,082 monthly. Step into a prime investment opportunity with this meticulously renovated 2-story multi-family property in the sought-after Uptown neighborhood of St. Petersburg. This charming building blends historic elegance with modern amenities. Fully leased and generating $6,082 monthly, it promises consistent cash flow and long-term appreciation potential. This property offers an excellent ROI with potential for rent increases. As a turnkey investment, all four units are fully renovated with modern finishes, ensuring minimal immediate capital expenditure. Each unit has its own electric meter, simplifying management and making utility costs predictable. Located just minutes from Downtown St. Pete’s vibrant dining, shopping, and entertainment, the neighborhood boasts high rental demand, ensuring low vacancy rates and stable income. Unit 1 is a 1-bedroom, 1-bathroom unit renting for $1,700 per month with 9 months remaining on the lease. Unit 2, on the second floor, is a studio with a separate kitchen and private bathroom, currently renting for $1,507 per month, with an expected renewal at $1,600 per month. Unit 3, also on the second floor, is a studio with a private bathroom, renting for $1,600 per month with 8 months remaining. Unit 4 is a ground-floor studio with a full kitchen and private bathroom, renting for $1,275 per month, also with 8 months remaining. With individual electric meters and modern amenities, property management is streamlined. St. Pete’s growing real estate market promises value appreciation, making this property an attractive long-term investment. Financially, the property an annual gross income of $72,984. With anticipated rent adjustments, the annual income can increase further, enhancing the investment’s profitability. All financial details and lease information provided are accurate as of the listing date. Prospective buyers are encouraged to verify all details and conduct thorough due diligence. Seize this lucrative investment opportunity today and secure your stake in St. Pete’s thriving real estate market!
- Listed by Giancarlo Gonzalez • 3 POINT REAL ESTATE SOLUTION
Property Details for 1405 7th Avenue North
Subdivision Name
BON AIR
Township31
WaterfrontNo
LISTING UPDATED: 09/03/2024 07:49 PM
Property Details for 1405 7th Avenue North
| Status | Active |
|---|---|
| MLS # | U8245876 |
| Days on Market | 199 |
| Taxes | $4,960 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1928 |
| Lot Size | 0.05 AC / 2,039 SF |
| County | Pinellas County |
Building Information for 1405 7th Avenue North
Stories2Year Built1928Building Size-Lot Size0.05 AC / 2,039 SF
Property Information for 1405 7th Avenue North
Summary
Location and General Information
- Building Area Source: Public Records
- Building Area Total: 1844.0
- Building Area Units: Square Feet
- Direction Faces: South
- Directions: Head west on Talmadge Gardens Rd toward Green Ln 0.3 mi Slight right onto FL-44 W/E New York Ave 2.3 mi Turn right onto N Delaware Ave 0.2 mi Turn left onto W Church St Destination will be on the right
- Mls Major Change Type: Price Decrease
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 1405
- Street Name: 7TH
- Street Suffix: AVENUE
- Street Direction Suffix: N
- State: FL
- City: SAINT PETERSBURG
Parking
- Available For Lease: Yes
- Carport: No
- Garage: No
Taxes and HOA Information
- Association: No
- CDD: No
- Tax Block: 000
- Tax Book Number: 1-4
- Tax Legal Description: BON AIR W 38 1/2 FT OF LOT 80
- Tax Lot: 80
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/U8245876
Property
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 38x53
- Parcel Number: 13-31-16-10062-000-0800
- Total Acreage: 0 to less than 1/4
- Water Access: No
- Water Extras: No
- Living Area: 1656
- Lot Dimensions: 38x53
Property and Assessments
- Year Built Numeric: 1928
- Flood Zone Code: X
- Homestead: No
- New Construction: No
- Public Survey Range: 16
- Public Survey Section: 13
Utilities
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame
- Exterior Features: Awning(s), Balcony, Dog Run, Lighting, Private Mailbox, Sidewalk
- Foundation Details: Concrete Perimeter
- Levels: Multi/Split
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Waterfront Feet Total: 0
- Number Of Stories: 2
Interior Features
- Bedrooms Total: 4
- Bathrooms Full: 4
- Appliances: Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
- Cooling: Central Air, Wall/Window Unit(s)
- Fireplace: No
- Flooring: Luxury Vinyl
- Heating: Electric
- Interior Features: Ceiling Fans(s), Open Floorplan
- Laundry Features: Common Area, Electric Dryer Hookup, Outside, Washer Hookup
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Room Count: 13.0
- Water View: No
- Bathrooms Half: 0
Room 1
- Room Level 1: First
- Room Type 1: Primary Bedroom
Room 2
- Room Level 2: First
- Room Type 2: Primary Bathroom
Room 3
- Room Level 3: Second
- Room Type 3: Studio
Room 4
- Room Level 4: Second
- Room Type 4: Primary Bathroom
Room 5
- Room Level 5: Second
- Room Type 5: Studio
Room 6
- Room Level 6: Second
- Room Type 6: Primary Bathroom
Room 7
- Room Level 7: First
- Room Type 7: Studio
Room 8
- Room Level 8: First
- Room Type 8: Primary Bathroom
Room 9
- Room Level 9: Second
- Room Type 9: Kitchen
Room 10
- Room Level 10: First
- Room Type 10: Kitchen
Room 11
- Room Level 11: Second
- Room Type 11: Kitchen
Room 12
- Room Level 12: First
- Room Type 12: Kitchen
Room 13
- Room Level 13: First
- Room Type 13: Living Room
Property History for 1405 7th Avenue North
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1405 7th Avenue North
Taxable ValueLand-Additions-Total-
Tax Record2023$4,960 ($413 / month)
Home Facts
Baths3Total Finished SqFt1,656 SqFtAbove Grade Finished SqFt1,656 SqFtStories2Lot Size2,039 SqFtStyleTriplexYear Built1928Year Renovated1985CountyPINELLASAPN13-31-16-10062-000-0800
Schools near 1405 7th Avenue North
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
North Shore Elementary School PublicPK to 5 | ||
John Hopkins Middle School Public6 to 8 | ||
St. Petersburg High School Public9 to 12 | ||
St. Petersburg Collegiate Stem High School Charter9 to 12 |
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of 3 POINT REAL ESTATE SOLUTION, Giancarlo Gonzalez
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the 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 MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 09/03/2024 07:49 PM
