$1,799,000
8,409 sq. ft.
27.7755 -82.6386

St Petersburg, FL 33701

$1,799,000
Est. Monthly $9,851 with $8,437 in taxes recalculate
8,409 sf
 

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CENTURY 21 Real Estate Champions
4350 Duhme Road
Madeira Beach, FL 33708
727.­398.2774
727.­398.2774
CENTURY 21 Real Estate Champions
4350 Duhme Road Madeira Beach, FL 33708
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St Petersburg, FL 33701

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Multi-Family (2-4 Units) - Superbly located 16 unit cash-flow investment opportunity with significant value-add / mark-to-market rent execution with future re-development to for-sale luxury condominiums or for-lease luxury apartments. Property is in the heart of the bustling St. Petersburg Downtown district and near a multitude of award-winning restaurants, national & local retailers, art galleries, and world-class museums. PROPERTY FEATURES Walking distance to downtown district restaurants, museums, shops, waterfront along Tampa Bay and event areas including 4th Street, Beach Drive, Central Avenue, and the St. Petersburg Yacht Club. Employment demand drivers within 1 mile include Johns Hopkins All Children's Hospital, St. Anthony's Hospital, Bayfront Medical Center, and USF St. Pete campus. 1 Bedroom Rents across the street at recently completed Beacon 430 are nearly double current rents at subject property. Proforma Year 1 cap rate of 5.9%, Proforma Year 2 cap rate of 7.7%. Ample street parking for residents and their guests.
MLS # U7816450
Courtesy Of Belleair Partners, LLC

Property Features

  • Age: Over 50 Years Old
  • Amenities: Deck
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Block, Stucco
  • Floor Covering: Wood
  • Heating System: Wall Unit
  • Lot Size: 0.16 Acres
  • Roof Type: Composition Shingle
  • View Type: City

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $9,851Your estimated monthly payment
    $359,80020% Down Payment
    $1,799,000 $1,619,100 $8,437
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    NORTH SHORE ELEMENTARY SCHOOL
    Grades K-5 | Public School

    SAINT PETERSBURG, FL 33704
    200 35TH AVE NE
    727-893-2181
    2.0
    miles

    Total Students 350
    Student Teacher Ratio 14:1

    School Rating

    2 stars View School Details
    Middle School
    JOHN HOPKINS MIDDLE SCHOOL
    Grades 6-8 | Public School

    SAINT PETERSBURG, FL 33705
    701 16TH ST S
    727-893-2400
    1.3
    miles

    Total Students 750
    Student Teacher Ratio 12:1

    School Rating

    1 star View School Details
    High School
    ST. PETERSBURG HIGH SCHOOL
    Grades 9-12 | Public School

    SAINT PETERSBURG, FL 33713
    2501 5TH AVE N
    727-893-1842
    1.8
    miles

    Total Students 2000
    Student Teacher Ratio 18:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Tomlinson Adult Learning Center 0.3 mi Public UNGRADE-UNGRADE
    Pinellas Mycroschool Of Integrated Academics And Technologies (mycroschool Pinellas) 0.6 mi Public UNGRADE-UNGRADE
    Campbell Park Elementary School 1.1 mi Public PRESCHOOL-5
    World Changers Christian Academy 1.1 mi Private -
    Saint Paul Catholic School 1.2 mi Catholic PRESCHOOL-8
    Woodlawn Elementary School 1.3 mi Public PRESCHOOL-5
    Melrose Elementary School 1.7 mi Public PRESCHOOL-5
    Mount Zion Christian Academy 1.7 mi Private -
    Perkins Elementary School 2.2 mi Public PRESCHOOL-5
    Academy Prep Center Of St. Petersburg 2.4 mi Private 5-8
    James B. Sanderlin Pk-8 2.5 mi Public PRESCHOOL-8
    Immaculate Conception Preschool 2.5 mi Catholic PRESCHOOL-PRESCHOOL
    St. Raphael Catholic School 2.6 mi Catholic PRESCHOOL-8
    Lakeview Fundamental Elementary School 2.6 mi Public K-5
    Young Achievers Learning Center 2.6 mi Private PRESCHOOL-5
    Gibbs High School 2.7 mi Public 9-12
    Aba Academy 2.7 mi Private -

    Local Area Information for Saint Petersburg, FL 33701

    Median Age: 46.2
    Married: 25.9%
    Number of Households: 10,236
    Households with Children: 840
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located in 33701 is currently for sale. This property is listed for $1,799,000. This property has approximately 8,409 square feet. If the property located in isn't what you're looking for, search Florida real estate to see other houses for sale in Saint Petersburg.