LouisFrazzano
BEDS0
BATHS
SQUARE FEET1,299
MLS#TB8535101
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHANCOCKS
Property Description
WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. This 4-bedroom, 2-bath single-family home offers an established Section 8 tenant already in place, providing immediate rental income from day one. Major improvements include a NEW ROOF in 2021 and A/C in 2022, helping reduce near-term capital expenditure concerns for the next owner. Conveniently located near Downtown St. Pete, major roadways, schools, shopping, and area amenities.Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 - 791 35th Ave S; TB8534657 - 2621 6th St S; TB8535980 - 1120 11th Ave S; TB8535101 - 1430 14th Ave S; TB8534682 - 1440 Prescott St S; TB8535169 - 1944 12th Ave S; TB8535157 - 4419 18th Ave S.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,102
Year Built: 1964
Amenities
Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Other
Feature Descriptions
Annual Net Income: 24548.00
Community Features: Street Lights
Directions: From I-275, take the 22nd Ave S exit and head east. Turn left onto 16th St S, then turn right onto 14th Ave S. Property will be on the left at 1430 14th Ave S.
Exterior: Block
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.09
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Front Porch, Other, Patio, Porch, Rear Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Drapes
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 727-360-6927
Shown By
Agent Name: Louis Frazzano
Agent Phone: Cell: (404) 775-9810
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 988.25 per month $645.19 Principal & Interest $258.50 Property Tax $84.55 Homeowner's InsuranceChange Payment Information
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1430 14th Avenue S | MLS# TB8535101
This multi-family property located at 1430 14th Avenue S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $289,900. Search Saint Petersburg real estate on lfrazzano.realty100.com today.