$650,000 Price Analysis    ♡   Saint Petersburg, FL 33711 Unknown bed 0 bath unknown SqFt ($0/SqFt) 8,808SqFt lot. Listed 2023-10-19, Taxes $1,289 | Ⓧ USDA Ineligible due to property near Saint Petersburg |
This permitted
Approved and shovel ready 6 unit multifamily property is the best opportunity in Tampa Bay! Brand new construction so insurance and capital expenditures will be low. Seller is also offering the option of selling them as TWO SEPARATE TRIPLEXES. This is a whole new asset class of new construction 3 bed/2 bath floor plans that are not yet available in the market! A dream come true for any savvy invstor seeking an exceptional income-producing asset. This property offers a unique chance to capitalize on the thriving real estate market and secure a solid investment for years to come. Each of the 6 units have been thoughtfully planned to maximize space and functionality, ensuring optimal comfort and convenience for future residents and tenants. With a seamless flow between living areas, bedrooms and kitchens, these units offer an ideal balance of privacy and open concept living. The interiors are a perfect blend of style and substance, featuring high-end finishes, premium fixtures and top-of-the-line appliances. From the elegant hardwood flooring to the designer lighting fixtures, every detail has been carefully curated to create an atmosphere of sophistication and refinement. As an investor, you'll be thrilled to know that this property is expected to operate as a 10% cap rate investment, with no capital expenditures required since it will be brand new construction. This means you can start generating income from day one without worrying about additional expenses. What's more, you have the opportunity to customize this property to your exact specifications. Floor plans, finishes and every detail can still be decided on with the builder, allowing you to create a truly unique and personalized investment property. The builder is projecting a $1.2 million build for this exceptional multi-family property, ensuring a solid investment with a pr omising return on investment. Investors seeking a property with outstanding income potential need look no further. Don't miss out on this chance to be part of the thriving St Petersburg real estate market. Act now and seize the opportunity to own one of the best investment properties in all of Tampa Bay!
Reach out today to discuss customization options and secure your place in this lucrative venture. Pre-construction financing also available!
Presented by Zach Steinberger at
Compass Florida LLC.
Property MLS #U8218053 from StellarMLS
Road Surface Type: Asphalt
Lot Size Dimensions: 80x110
Lot Size Square Feet: 8808
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Pinellas
Current Use: Unimproved
Directions: From I275-S get off on 5th Ave N and turn left on 36th st N, turn left on 1st Ave S, house is on the right.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Area: 33711 - St Pete/Gulfport
Source Neighborhood: WEST CENTRAL AVE RESUB
Parcel Number: 22-31-16-96228-002-0050
Postal Code Plus 4: 1304
Subdivision: WEST CENTRAL AVE RESUB
Township: 31
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $33,311 | $1,289 |
| 2021 | $unknown + $unknown $30,283 | $1,046 |
| 2020 | $unknown + $unknown $27,530 | $876 |
| 2019 | $unknown + $unknown $25,027 | $776 |
| 2018 | $unknown + $unknown $22,752 | $645 |
| 2017 | $29,283 + $13,278 $42,561 | $608 |
| 2016 | $unknown + $unknown $30,149 | $502 |
| 2015 | $unknown + $unknown $25,736 | $456 |
| 2014 | $unknown + $unknown $15,541 | $355 |
| 2013 | $unknown + $unknown $16,406 | $379 |
| 2012 | $unknown + $unknown $16,681 | $385 |
| 2011 | $unknown + $unknown $16,488 | $362 |
| 2010 | $unknown + $unknown $26,572 | $576 |
| 2009 | $unknown + $unknown $34,782 | $757 |
| 2008 | $unknown + $unknown $59,600 | $1,284 |
| 2007 | $unknown + $unknown $60,700 | $1,285 |
$650,000
StellarMLS
Listing removed 2024-04-01
$650,000
StellarMLS
Listing removed 2024-03-16
$700,000
StellarMLS
Price Changed 2023-11-01
$650,000
StellarMLS
Listed 2023-10-19
$700,000
StellarMLS
Listing removed 2023-08-08
$1,700
StellarMLS
Listed for rent 2023-08-03
$1,700
StellarMLS
Sold 2023-07-31
$440,000
StellarMLS
Sold 2022-05-11
$295,000
StellarMLS
Listed 2022-02-03
$315,000
StellarMLS
Sold 2006-09-15
$72,800
Public Record
Sold 1992-11-25
$25,000
Public Record
Cable Available
Cable Connected
Electricity Available
Public
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.