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3125 54th Ave N
Saint Petersburg, FL 33714
Build-to-Rent Property For Sale · 3 Units

PROPERTY FACTS

No. Units 3
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Garden
Costar Property Class C
Total Plot Size 0.15 ac
Property Size 1,406 sq ft
No. Floors 1
Year Built/Renovated 1938/2018
Use Class R4

ABOUT 3125 54TH AVE N , SAINT PETERSBURG, FL 33714

NOW AVAILABLE. CLEAR TITLE. Features three, standalone single family homes on one parcel. In prime Northside corridor & business district. Unit A leased at $850/month; Unit C leased at $885/month. Units B remaining vacant for showings, but is move-in ready. Professional management available. Several recent renovations and improvements in 2018/2019. Corporate liquidation sale. Title is clear and ready to close. Cost Analysis Performed as Rental Property In: Rent - $29,220.00 Out: (Annual) Property Taxes - $2,629.00 (Annual) Estimated Insurance - $1,944.00 (Annual) Property Management (Optional) - $2,337.60 (Annual) Estimated Utilities/Lawn/Repair/Misc. $5,040.00 Total Costs - $11,950.60 Net: $17,269.40 Earn: Total yearly net equates to - $17,269.40 Total monthly gross equates to - $2,435.00 Price - $169,000.00 Net Cap Rate - 10.22% *Some interior photos taken prior to tenant taking occupancy.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-30-16-01404-005-0170
Land Assessment
£72,383
Improvements Assessment
£97,250
Total Assessment
£169,633
  • Listing ID: 16791254

  • Date on Market: 02/08/2019

  • Last Updated:

  • Address: 3125 54th Ave N, Saint Petersburg, FL 33714

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