3475 18th Avenue S, St Petersburg, FL 33711

$230,000
4
BD
1
BA
1,161
SqFt

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Sold Price
$230,000
List Price
$239,000
Status
Sold
Days on Market
10
Closing Date
Oct 27, 2023
MLS#
T3475130
Property Style
Single Family
Architectural Style
Bungalow, Mediterranean
Property Condition
Completed
Year Built
1928
Bedrooms
4
Bathrooms
1
Living Area
1,161
Lot Size
6,750
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Ridgewood Terrace
MLS Area Major
St Pete/Gulfport

Property Description

Welcome to 3475 18th Ave S, an exceptional investment opportunity! This recently updated property is a dream come true for real estate investors looking to maximize their returns.Featuring 4 bedrooms and 1 bathroom, this home is currently generating an impressive $2,422 per month in rental income, with a reliable Housing Authority tenant already in place. With a steady stream of rental income, you can enjoy consistent cash flow while building your real estate portfolio.The recent renovations have made this property truly stand out. A newer roof, HVAC system, water heater, and electric panel ensure that you won't have to worry about major repairs or replacements in the foreseeable future. The kitchen has been updated with new cabinets, tile flooring installed throughout, freshly painted inside & out!With its vibrant arts scene, stunning beaches, and a wide range of recreational activities, St. Petersburg attracts a diverse and thriving rental market. As an investor, you can take advantage of the city's strong rental demand and capitalize on the potential for long-term appreciation.Don't miss out on this exceptional opportunity to add a lucrative property to your investment portfolio. With its recent updates, reliable rental income, and location, this property is poised to deliver impressive returns. Contact us today to secure your position as a successful real estate investor in the thriving market of St. Petersburg, Florida!

Additional Information

Taxes Annual
$1264
Minimum Lease
No Minimum
Location
City Limits, Level, Sidewalk
Community Features
No Deed Restriction
Property Description
One Story
Zoning
0110
Interior Layout
Thermostat
Interior Features
Thermostat
Floor
Tile
Appliances
Range
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Stucco, Wood Frame
Exterior Features
Private Mailbox
Roof
Shingle
Foundation
Crawlspace, Pillar/Post/Pier
Pool
No Pool
Garage Features
Driveway
Flood Zone Code
X
Parcel ID
27-31-16-75402-000-0140
Legal Description
RIDGEWOOD TERRACE LOT 14 & 20FT VAC ST ON S

Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654

Selling Office: DARLING ROBERSON REALTY.

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