What is the Asking Price?

The current asking price for this property is $1,100,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 8 beds, 5 baths, 2,515 sqft, 0.15 acres lot, built in 1925, 10 pictures.

Where is the property located?

Property is located at 4761 1ST AVE N, ST PETERSBURG, FL, US. You can view this listing on our map here .

Продається: 4761 1st Ave N, St. Petersburg, 33713, FL

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4761 1ST AVE N, ST PETERSBURG, 33713

$1,100,000
Price changed 11/20/2024 from $1,150,000, -4.35%
8 Beds, 5 Baths , 2,515 Sq.Ft
County: Pinellas
Subdivision: CENTRAL PARK REV

Property highlights

MLS#: W7861395
6,351.00 lot size Sq.Ft.
Year built: 1925

Listed: 01/26/2024
Taxes: $8,539.00

Property Overview

DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CA REQUIRED FOR ADDITIONAL INFORMATION *This is an income producing property* Well-established single-family home with an ADU in St Petersburg with a projected $94,745 of Net Operating Income on existing leases in the NTM. Many leases are below market w/ significant rent growth available upon turnover. The property had a full gut renovations in 2021 with new roofs, electricity, plumbing, hvac, kitchens, baths, drywall, cabinets, lighting, pavers and flooring. This property has higher end finishes and have been built to last. This property is located in an area with significant new development activity, and is zoned in the new zoning district NTM-1. This property is best suited for a passive, cash flow oriented investor(s) seeking a stable long term investment in a fast-growing market of St Petersburg, Florida. Property management in place and willing to manage post transaction. Potential buyers must prove financial ability to close and be familiar with valuing property based on cash flow. Seller will give preference to offers with lower loan to value ratios. Seller may consider seller financing with the right legal structure and a minimum of $350k of cash equity and no other liens. Seller is local, believes in the upside potential of this portfolio, is willing to stay involved, and is selling to facilitate retirement.

Driving directions : head south on US-19, make right on 1st Ave N, and then house will be on right side of the street between 47th St and 48th St

Property Features

Rooms	Dimension	Description
Primary Bedroom	13x12	First level
Living Room	22x12	First level
Kitchen	11x12	First level

Interior Features

Living Room/Dining Room Combo
Thermostat

Appliances

Disposal
Dryer
Gas Water Heater
Microwave
Range
Refrigerator
Washer
Water Softener

Heating

Central
Electric
Gas
Wall Units / Window Unit

Laundry features

Gas Dryer Hookup
Laundry Room
Washer Hookup

Air Conditioning

Central Air
Mini-Split Unit(s)

Floor Covering

Wood

Utilities

BB/HS Internet Available
Electricity Available
Electricity Connected
Public
Sewer Available
Sewer Connected
Solar
Street Lights
Underground Utilities
Water Available
Water Connected

Exterior features

Courtyard
Lighting
Outdoor Shower

Parking features

Driveway
Parking Pad

Construction Materials

Wood Frame

Road Surface Type

Paved

Roof

Shingle

Foundation

Crawlspace

Vegetation

Mature Landscaping

School Information

Elementary school: Northwest Elementary-PN View more listings
Middle school: Azalea Middle-PN View more listings
High school: Boca Ciega High-PN View more listings

Listing information courtesy of PRICE PROPERTIES & INVESTMENTS, LLC

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Listing data comes from My Florida Regional MLS.