4761 1st Avenue North
$1,100,000
8
5
2,515
2,515
$437
Description
Do not approach any property & disturb tenants ca 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....Do not approach any property & disturb tenants ca 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. 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.
- Listed by Nick Price • PRICE PROPERTIES & INVESTMENTS, LLC
Property Details for 4761 1st Avenue North
Subdivision Name
CENTRAL PARK REV
Township31
WaterfrontNo
LISTING UPDATED: 11/20/2024 10:05 AM
Property Details for 4761 1st Avenue North
Status | Active |
---|---|
MLS # | W7861395 |
Days on Market | 334 |
Taxes | $8,539 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1925 |
Lot Size | 0.15 AC / 6,351 SF |
County | Pinellas County |
Building Information for 4761 1st Avenue North
Stories-Year Built1925Building Size-Lot Size0.15 AC / 6,351 SF
Property Information for 4761 1st Avenue North
Property History for 4761 1st Avenue North
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 4761 1st Avenue North
Taxable ValueLand-Additions-Total-
Tax Record2023$8,539 ($712 / month)
Home Facts
Baths4Total Finished SqFt2,515 SqFtAbove Grade Finished SqFt2,515 SqFtStories2Lot Size6,351 SqFtStyleDuplexYear Built1925Year Renovated1993CountyPINELLASAPN21-31-16-14562-005-0110
Schools near 4761 1st Avenue North
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 |
Rating | School | Distance |
---|---|---|
Northwest Elementary School PublicPK to 5 | ||
Azalea Middle School Public6 to 8 | ||
Boca Ciega High School Public9 to 12 | ||
Disston Academy Public5 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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