801 18th Avenue S, St Petersburg, FL 33705
- $355,000
- 4
- BD
- 2
- BA
- 1,680
- SqFt
- Sold Price
- $355,000
- List Price
- $399,000
- Status
- Sold
- Days on Market
- 23
- Closing Date
- Oct 30, 2025
- MLS#
- TB8432418
- Property Style
- Duplex
- Property Condition
- Completed
- Year Built
- 1953
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,680
- Lot Size
- 7,549
- Acres
- 0.17
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Stahls Sub
- MLS Area Major
- St Pete
Property Description
EXCEPTIONAL INCOME-PRODUCING DUPLEX - FULLY UPDATED & OCCUPIED. This meticulously maintained BLOCK CONSTRUCTION duplex offers immediate cash flow with stable, long-term tenants in place. Both units feature 2 bedrooms/1 bathroom and have been updated throughout. PROPERTY HIGHLIGHTS: Total Monthly Income: $3,713 ($1,800 Unit 1 + $1,913 Unit 2). Stable Tenancy: Both units occupied with Section 8 voucher recipients on annual lease agreements. Separate Utilities: Individual water and electric meters - tenants pay all utilities. RECENT MAJOR IMPROVEMENTS: Newer Roof - Peace of mind for years to come. Updated Windows - Enhanced energy efficiency. Newer HVAC Systems. Newer Water Heaters. Complete Cosmetic Updates - Fresh interior and exterior finishes. INVESTMENT DETAILS: Gross Annual Income: $44,556. Established Rental History with quality tenants. Section 8 Program provides rental payment security. Minimal Landlord Responsibilities - tenants handle utilities. LOCATION ADVANTAGES: Located in the desirable 33705 area of St. Petersburg, this property benefits from the city's robust rental market and ongoing urban revitalization. The 33705 zip code has shown consistent appreciation with average home prices up 6.8% year-over-year, making this an excellent long-term investment opportunity. PERFECT FOR: Experienced Investors seeking immediate cash flow. First-Time Investment Property buyers (turnkey ready). Portfolio Expansion with proven rental income. 1031 Exchange candidates. This is a rare opportunity to acquire a fully-stabilized, updated duplex with immediate positive cash flow. The combination of recent major improvements, established tenancy, and prime location makes this an exceptional investment in St. Petersburg's growing rental market. Properties of this caliber and cash flow potential move quickly in today's market!
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Additional Information
- Taxes Annual
- $4489
- Minimum Lease
- No Minimum
- Annual Gross Income
- 44556
- Location
- City Limits, Level, Near Public Transit, Oversized Lot
- Community Features
- No Deed Restriction
- Interior Layout
- Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Interior Features
- Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Floor
- Tile
- Appliances
- Range, Range Hood, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Private Mailbox
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 30-31-17-85119-001-0050
- Legal Description
- STAHL'S SUB BLK A, LOT 5
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654
Selling Office: INSTA REAL ESTATE SOLUTIONS.Mortgage Calculator
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