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!
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 rightThis listing courtesy of 3 Point Real Estate Solution
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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