4658 24th Street Saint Petersburg Florida | Home for Sale
To schedule a showing of 4658 24th Street, Saint Petersburg, Florida, Call David Shippey at 863-521-4517 TODAY!
Saint Petersburg, FL 33714
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 2,310SqFt
- 1936Year Built
- 0.38Acres
- MLS# T3522728
- Income
- MultiFamily
- Active
- Approx Time on Market4 months, 21 days
- Area33714 - St Pete
- CountyPinellas
- Subdivision Lakeside Sub
Overview
Welcome to your next income-producing investment opportunity! This property presents an exceptional chance to secure a steady return with an impressive 11% Cap Rate post-operating expenses. Comprising two units on a single lot, this investment gem offers versatility and stability. The primary unit boasts a spacious layout featuring 5 bedrooms and 3 bathrooms, while the secondary unit offers 4 bedrooms and 2 bathrooms. Currently operating under a group living model, the property is fully stabilized with a 100% occupancy rate. Each occupant enjoys the luxury of their own individual sleeping quarters equipped with a TV, promoting privacy and comfort. Common areas include well-appointed kitchen and laundry spaces, fostering a sense of community among tenants. TWO other buildings adjacent are also available for purchase-each also with a 11% cap rate. Recently renovated to the highest standards, this property exudes modern elegance and functionality. Highlights of the renovation include premium vinyl flooring, sleek stainless steel appliances, luxurious quartz countertops, glass shower enclosures, and the convenience of in-unit washer/dryer setups. Furthermore, the units come fully furnished, complete with TVs, ensuring an attractive offering for tenants seeking convenience and style. This investment opportunity is tailored for passive income seekers, with streamlined management processes in place for your peace of mind. An online booking platform facilitates tenant reservations, while an experienced management company handles all on-the-ground operations, from maintenance requests to tenant inquiries. With a robust Cap Rate of 11%, this investment is not only lucrative but also inclusive of all associated fees. From Padsplit marketing and portal expenses to on-the-ground management services, utilities (including WiFi), taxes, and insurance - everything is comprehensively covered. Don't miss out on this turnkey investment opportunity offering both exceptional returns and hassle-free management. Take advantage of the potential for long-term financial growth and schedule your viewing today!
Agriculture / Farm
Grazing Permits Blm: ,No,
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Horse: No
Association Fees / Info
Senior Community: No
Association: ,No,
Bathroom Info
Total Baths: 0.00
Building Info
Roof: Shingle
Buyer Compensation
Exterior Features
Pool Private: No
Exterior Features: Fence
Fees / Restrictions
Financial
Gross Income: 100,620
Original Price: $650,000
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: Yes
Car Ports: 2
Green / Env Info
Irrigation Water Rights: ,No,
Interior Features
Fireplace: No
Spa: No
Laundry Features: CommonArea, Inside
Appliances: Dryer, Range, Refrigerator, Washer
Lot Info
Direction Remarks: Take the exit toward St Petersburg onto I-275 S (SR-93). Go for 13.3 mi. Then 13.3 miles Take exit 26 toward 54th Ave N/Kenneth City/US-19/Lealman onto 54th Ave N. Go for 0.5 mi. Then 0.5 miles Turn left onto Haines Rd N (SR-689). Go for 0.3 mi. Then 0.3 miles Turn right onto 24th St N. Go for 0.3 mi. Then 0.3 miles Turn right onto 46th Ave N. Go for 223 ft. Then 0.04 miles Turn right onto Xenia St N. Go for 203 ft. Then 0.04 miles 4625 Xenia St N St Petersburg, FL 33714-3210
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Sqft: 16,560
Misc
Other
Special Conditions: None
Other Rooms Info
Basement: No
Property Info
Habitable Residence: ,No,
Section: 02
Class Type: MultiFamily
Property Sub Type: MultiFamily
Property Attached: No
New Construction: No
Construction Materials: Block
Mobile Home Remains: ,No,
Foundation: Slab
Home Warranty: ,No,
Human Modified: Yes
Sqft Info
Sqft: 2,310
Living Area Units: SquareFeet
Living Area Source: Estimated
Tax Info
Tax Year: 2,023
Tax Lot: 0060
Tax Legal Description: LAKESIDE SUB BLK 1, LOTS 6,20 AND 21 & N 1/2 OF LOTS 5 AND 22
Tax Block: 001/006
Tax Annual Amount: 4877
Tax Book Number: 22492/1206
Unit Info
Rent Controlled: No
Total Units: 2
Utilities / Hvac
Electric On Property: ,No,
Heating: HeatPump
Water Source: Public
Sewer: PublicSewer
Cool System: Ductless
Cooling: No
Heating: Yes
Utilities: CableConnected, ElectricityConnected, SewerConnected, WaterConnected
Waterfront / Water
Waterfront: No
View: No
Directions
Take the exit toward St Petersburg onto I-275 S (SR-93). Go for 13.3 mi. Then 13.3 miles Take exit 26 toward 54th Ave N/Kenneth City/US-19/Lealman onto 54th Ave N. Go for 0.5 mi. Then 0.5 miles Turn left onto Haines Rd N (SR-689). Go for 0.3 mi. Then 0.3 miles Turn right onto 24th St N. Go for 0.3 mi. Then 0.3 miles Turn right onto 46th Ave N. Go for 223 ft. Then 0.04 miles Turn right onto Xenia St N. Go for 203 ft. Then 0.04 miles 4625 Xenia St N St Petersburg, FL 33714-3210This listing courtesy of Homan Realty Group Inc
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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 11:26 AM EST.
If you have any questions on 4658 24th Street, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.
MLS# T3522728 located at 4658 24th Street, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®
4658 24th Street, Saint Petersburg, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 4658 24th Street, Saint Petersburg, Florida is T3522728.
The price for 4658 24th Street, Saint Petersburg, Florida is $650,000.
The status of 4658 24th Street, Saint Petersburg, Florida is Active.
The subdivision of 4658 24th Street, Saint Petersburg, Florida is Lakeside Sub.
The home located at 4658 24th Street, Saint Petersburg, Florida was built in 2024.
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