House in Saint Petersburg, Florida 3 bedrooms, 94.76 sq.m. № 2277684
3

ID2277684
$ 315 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 2525 37th St S (See MLS# TB8535635). This 3-bedroom, 1.5-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at a premium rate of $2,715/month (leased through 3/31/2027), providing secure, government-backed rental income. The asset has undergone extensive, high-end renovations, resulting in nearly zero deferred maintenance for the next owner. The home has passed multiple rigorous housing inspections. Upgrades include a new 2.5-ton HVAC system, roof repairs, whole-house fumigation with warranty, and a new concrete driveway and patio. The interior features a stunning full kitchen buildout with custom cabinetry, Quartz countertops, new stainless steel appliances including dishwasher and washer/dryer, recessed LED lighting, chandelier, and premium remote-controlled fans. A beautifully upgraded bathroom includes luxury fixtures, LED vanity, and custom shower with premium tile to the ceiling. Located in Flood Zone X (no flood insurance typically required) with zero HOA fees and a tenant who is responsible for all utilities and lawn care.
Package Sister Property Details (2525 37th St S): Features a 4-bed / 1-bath layout, a $3,150/month lease through 2/28/2027, custom attic conversion, and high-end finishes. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. This is a true hassle-free, stabilized addition to any portfolio.
*This listing offers a one-point-lender-paid rate buydown for qualifying buyers.
Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.
MLS #: TB8535618
Contact the seller
CitySaint Petersburg
Address1121 10TH AVENUE S
TypeHouse
Bedrooms3
Living space94.76 m²
- m²
- sq. ft
Completion dateIV quarter, 1925
Parking typeOpen air
Price
- Price
- per m²
$ 315 000
- EUR €
- USD $
- RUB ₽
- GBP £
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