801 18th Street S, St Petersburg, FL 33712
- $195,000
- 3
- BD
- 1
- BA
- 920
- SqFt
- Sold Price
- $195,000
- List Price
- $215,000
- Status
- Sold
- Days on Market
- 39
- Closing Date
- Dec 19, 2025
- MLS#
- TB8432566
- Property Style
- Single Family
- Architectural Style
- Bungalow
- Property Condition
- Completed
- Year Built
- 1948
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 920
- Lot Size
- 6,286
- Acres
- 0.14
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Clayo Sub
- MLS Area Major
- St Pete
Property Description
TURNKEY INVESTMENT PROPERTY - EXCEPTIONAL SINGLE-FAMILY RENTAL. This well-maintained 3-bedroom, 1-bathroom home offers immediate cash flow with an established, reliable tenant in place. Perfect for investors seeking a hassle-free addition to their portfolio. PROPERTY HIGHLIGHTS: Monthly Rental Income: $2,127 (Annual: $25,524). Stable Tenancy: Section 8 voucher recipient with annual lease agreement. Move-in Ready: Tenant occupied and cash-flowing from day one. RECENT MAJOR UPDATES: Newer Roof - Long-term protection and peace of mind. Updated HVAC System. Newer Water Heater. Complete Cosmetic Renovations - Fresh updates inside and out. INVESTMENT ADVANTAGES: Guaranteed Income through Section 8 program. Low Maintenance with recent major system updates. Established Rental History with quality tenant. Strong Rental Market in desirable St. Petersburg area. LOCATION BENEFITS: Situated in the sought-after 33705 area of St. Petersburg, this property benefits from the city's continued growth and urban revitalization. The area has shown consistent property value appreciation with the local rental market remaining strong, supported by St. Petersburg's expanding job market and cultural attractions. FINANCIAL PERFORMANCE: Gross Annual Income: $25,524. Immediate Cash Flow from established tenancy. Section 8 Program provides rental payment security. Recent Updates minimize future capital expenditures. IDEAL FOR: Buy-and-Hold Investors seeking stable returns. First-Time Rental Property buyers (turnkey ready). Portfolio Diversification with single-family residential. 1031 Exchange opportunities. Out-of-State Investors wanting hands-off management. This property represents a rare opportunity to acquire a fully-updated, income-producing single-family home with immediate positive cash flow. The combination of recent major improvements, established Section 8 tenancy, and prime St. Petersburg location creates an exceptional investment opportunity. Key Investment Metrics: Stable monthly income of $2,127. Recent capital improvements completed. Reliable tenant with government-backed rental assistance. Growing market with strong fundamentals. Don't miss this turnkey investment opportunity - Quality cash-flowing properties with established tenants are increasingly rare in today's competitive market!
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Additional Information
- Taxes Annual
- $2767
- Minimum Lease
- No Minimum
- Location
- City Limits, Level, Near Public Transit, Sidewalk, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Interior Layout
- Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Interior Features
- Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Floor
- Tile
- Appliances
- Range, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Vinyl Siding, Frame
- Exterior Features
- Other, Sidewalk
- Roof
- Shingle
- Foundation
- Concrete Perimeter
- Pool
- No Pool
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Flood Zone Code
- X
- Parcel ID
- 25-31-16-15804-000-0150
- Legal Description
- CLAYO SUB LOT 15
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654
Selling Office: DHM REAL ESTATE GROUP LLC.Mortgage Calculator
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