Seller Financing
Address
Not Disclosed St Petersburg, FL
Price
$ 5,895,000
Property Attributes
  • MLS#U7842216
  • TypeIncome
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • Zip33702
  • StyleMulti-Family
  • Year Built1989
  • Taxes1497
  • Price$ 5,895,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage753
Listing Provided Courtesy Of:
Broderick & Associates Inc
Property Description

This 45-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

Price History
10/11/2020 Listed $5,895,000

General Features

Community Features Gated Community, Pool, Sidewalk
Construction Materials Block
Cooling Central Air
Exterior Features Balcony
Heating Central
MLS Area 33702 - St Pete
Parking Features None, On Street
Patio/Porch Features Covered, Deck, Patio, Porch
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Security Features Gated Community
Special Listing Conditions None
Status Active
Terms Cash, Conventional, Private Financing Available
Total Num Buildings 45
Total Units 45
Township 30
Utilities Cable Available, Sprinkler Well
Year Built 1989

Interior Features

Living Area 753.00
Unit Count 4

Exterior Features

Lot Dimensions 00
Lot Size Acres 0.00
Vegetation Trees/Landscaped

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33702

Price
AVG $2.15M
$5.9M
Taxes
AVG $2,204
$1,497
Visits
AVG 787
2208
Year Built
AVG 1975
1989

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