David Shippey
863.521.4517

1405 7th Avenue Saint Petersburg Florida | Home for Sale

To schedule a showing of 1405 7th Avenue, Saint Petersburg, Florida, Call David Shippey at 863-521-4517 TODAY!

$979,000 | 4 beds | 4 full baths | N/A half baths | 1,656 sqft

$979,000 Reduced -$4,000
1405 7th Avenue
Saint Petersburg, FL 33705
  • 4Beds
  • 4.00Total Baths
  • 4 Full, 0 HalfBaths
  • 1,656SqFt
  • 1928Year Built
  • 0.05Acres
  • MLS# U8245876
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market3 months, 6 days
  • Area33705 - St Pete
  • CountyPinellas
  • Subdivision Bon Air

Overview

Charming 4-Unit Multi-Family Property in Uptown St. Pete Producing $6,082 monthly. Step into a prime investment opportunity with this meticulously renovated 2-story multi-family property in the sought-after Uptown neighborhood of St. Petersburg. This charming building blends historic elegance with modern amenities. Fully leased and generating $6,082 monthly, it promises consistent cash flow and long-term appreciation potential. This property offers an excellent ROI with potential for rent increases. As a turnkey investment, all four units are fully renovated with modern finishes, ensuring minimal immediate capital expenditure. Each unit has its own electric meter, simplifying management and making utility costs predictable. Located just minutes from Downtown St. Petes vibrant dining, shopping, and entertainment, the neighborhood boasts high rental demand, ensuring low vacancy rates and stable income. Unit 1 is a 1-bedroom, 1-bathroom unit renting for $1,700 per month with 9 months remaining on the lease. Unit 2, on the second floor, is a studio with a separate kitchen and private bathroom, currently renting for $1,507 per month, with an expected renewal at $1,600 per month. Unit 3, also on the second floor, is a studio with a private bathroom, renting for $1,600 per month with 8 months remaining. Unit 4 is a ground-floor studio with a full kitchen and private bathroom, renting for $1,275 per month, also with 8 months remaining. With individual electric meters and modern amenities, property management is streamlined. St. Petes growing real estate market promises value appreciation, making this property an attractive long-term investment. Financially, the property an annual gross income of $72,984. With anticipated rent adjustments, the annual income can increase further, enhancing the investments profitability. All financial details and lease information provided are accurate as of the listing date. Prospective buyers are encouraged to verify all details and conduct thorough due diligence. Seize this lucrative investment opportunity today and secure your stake in St. Petes thriving real estate market!!!



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Community Features:  StreetLights, Sidewalks

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  4.00

Fullbaths:  4

Building Info

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Patio:  Balcony

Pool Private:  No

Exterior Features:  Awnings, Balcony, DogRun, Lighting

Fees / Restrictions

Financial

Original Price:  $987,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Floors:  LuxuryVinyl

Levels:  MultiSplit

Spa:  No

Laundry Features:  CommonArea, WasherHookup, ElectricDryerHookup, Outside

Interior Features:  CeilingFans, OpenFloorplan

Appliances:  ElectricWaterHeater, Microwave, Range, Refrigerator, RangeHood

Lot Info

Direction Remarks:  Head west on Talmadge Gardens Rd toward Green Ln 0.3 mi Slight right onto FL-44 W/E New York Ave 2.3 mi Turn right onto N Delaware Ave 0.2 mi Turn left onto W Church St Destination will be on the right

Lot Size Units:  Acres

Lot Size Acres:  0.05

Lot Sqft:  2,039

Est Lotsize:  38x53

Misc

Other

Special Conditions:  None

Other Rooms Info

Basement:  No

Property Info

Habitable Residence:  ,No,

Section:  13

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Property Attached:  No

New Construction:  No

Construction Materials:  WoodFrame

Total Stories:  2

Mobile Home Remains:  ,No,

Foundation:  ConcretePerimeter

Home Warranty:  ,No,

Human Modified:  Yes

Room Info

Total Rooms:  13

Sqft Info

Sqft:  1,656

Bulding Area Sqft:  1,844

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,023

Tax Lot:  80

Tax Legal Description:  BON AIR W 38 1/2 FT OF LOT 80

Tax Block:  000

Tax Annual Amount:  4959.58

Tax Book Number:  1-4

Unit Info

Rent Controlled:  No

Utilities / Hvac

Electric On Property:  ,No,

Heating:  Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, WallWindowUnits, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected, WaterConnected

Waterfront / Water

Waterfront:  No

View:  No

Directions

Head west on Talmadge Gardens Rd toward Green Ln 0.3 mi Slight right onto FL-44 W/E New York Ave 2.3 mi Turn right onto N Delaware Ave 0.2 mi Turn left onto W Church St Destination will be on the right

This listing courtesy of 3 Point Real Estate Solution 

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Price & Status History (on davidshippey.com since Fri, Jun 14th 2024)
  • Original Price: $987,000
  • Current Price: $979,000
  • Price Reduced: $8,000
Date ChangedFromTo
07/23/2024$983,000 $979,000 Reduced by $4,000
07/03/2024$985,000 $983,000 Reduced by $2,000
06/21/2024$987,000 $985,000 Reduced by $2,000

Broker Reciprocity The information being provided by © 2024 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 09-20-2024 5:27 PM EST.

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If you have any questions on 1405 7th Avenue, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.


MLS# U8245876 located at 1405 7th Avenue, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®

1405 7th Avenue, Saint Petersburg, Florida has 4 Beds, 4 Full Bath, and 0 Half Bath.
The MLS Number for 1405 7th Avenue, Saint Petersburg, Florida is U8245876.
The price for 1405 7th Avenue, Saint Petersburg, Florida is $979,000.
The status of 1405 7th Avenue, Saint Petersburg, Florida is Active.
The subdivision of 1405 7th Avenue, Saint Petersburg, Florida is Bon Air.
The home located at 1405 7th Avenue, Saint Petersburg, Florida was built in 2024.

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