3308 Queensboro Avenue S, St Petersburg, FL 33712

$245,000
4
BD
2
BA
1,354
SqFt

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Sold Price
$245,000
List Price
$269,000
Status
Sold
Days on Market
55
Closing Date
Sep 12, 2025
MLS#
TB8405674
Property Style
Single Family
Architectural Style
Bungalow
Year Built
1925
Bedrooms
4
Bathrooms
2
Baths Half
1
Living Area
1,354
Lot Size
5,489
Acres
0.13
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Tangerine Terrace
MLS Area Major
St Pete

Property Description

CASH FLOWING INVESTMENT OPPORTUNITY! This 4-bedroom, 1.5-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,621 per month with an annual tenant lease in place, this property offers immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 4 bedrooms, 1.5 bathroom, Built in 1925 with quality construction, poured footing foundation, and composition roof, 5,550 SqFt lot providing excellent privacy and outdoor space, central air conditioning and heating for year-round comfort. RECENTLY UPDATED FEATURES: Fresh interior and exterior paint throughout, Updated flooring, Updated kitchen cabinets, Updated fixtures throughout, All cosmetic improvements completed and move-in ready. INVESTMENT ADVANTAGES: Verified rental income: $2,621/month with annual lease thru June 2026, Satisfactory 4-point inspection report - transferable to Buyer, Current wind mitigation report - transferable to Buyer, Turnkey operation - no known immediate capital improvements needed, Excellent rental market in rapidly appreciating St. Petersburg area. FINANCIAL OVERVIEW: Monthly Rental Income: $2,621, Annual Rental Income: $31,452. This property is perfectly positioned in St. Petersburg's strong rental market, where demand continues to outpace supply. PERFECT FOR: New investors seeking immediate cash flow, Experienced investors looking to expand their portfolio, 1031 exchange opportunities, Out-of-state investors wanting turnkey Florida real estate. Don't miss this rare opportunity to acquire a cash-flowing investment property with established income, transferable reports, and recent updates - Act now, before this exceptional investment opportunity is gone!

Additional Information

Taxes Annual
$3141
Minimum Lease
No Minimum
Location
City Limits
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ninguno
Interior Features
Ninguno
Floor
Tile, Wood
Appliances
Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Fireplace Description
Decorative
Exterior Construction
Frame, Wood Siding
Exterior Features
Other
Roof
Shingle
Foundation
Concrete Perimeter, Crawlspace
Pool
No Pool
Flood Zone Code
X
Parcel ID
26-31-16-89676-008-0080
Legal Description
TANGERINE TERRACE BLK 8, LOT 8

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

Selling Office: LPT REALTY, LLC.

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