3365 57TH AVE N new Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33714
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $309
Subdivision Arcadian Heights
MLS Listing ID TB8339945
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $19,022
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Welcome to The Urban Standard! An urban oasis located in St. Pete. The unique property features a mixture of 6 short and mid term rentals, and 3 long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three-income-producing property in Pinellas County has endless value-add opportunities! With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a four unit at the front and a four unit at the back, with two additional studios. A shared community garden space, plus a dedicated dog park, make up this professionally managed complex. The property estimates a Net Operating Income (NOI) of $60,884 for 2024, with a CAP rate of 5.2%, making it the best buy on the market. Sold with 6 fully furnished units, it is ready to go for the next owner.
Location
State FL
County Pinellas
Community Arcadian Heights
Zoning R-4
Direction N
Interior
Interior Features Ceiling Fans(s),Other
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Microwave,Range,Refrigerator
Laundry None
Exterior
Exterior Feature Courtyard,Other,Storage
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Other,Stucco
New Construction false
Schools
Elementary Schools Lealman Avenue Elementary-Pn
Middle Schools Meadowlawn Middle-Pn
High Schools Northeast High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,Other,VA Loan
Listing Terms Cash,Conventional,FHA,Other,VA Loan
Special Listing Condition None