2320 MELROSE AVE S
3, 1, 1,200ft²
MLS#: TB8460288
EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY INVESTMENT
This 4-bedroom, 2-bathroom single-family home represents an outstanding investment opportunity at 2567 15th Ave S, St. Petersburg, FL 33712. Currently generating $2,651 a month with a lease in place, this property offers immediate cash flow and hassle-free ownership transition.
PROPERTY HIGHLIGHTS:
4 spacious bedrooms, 2 full bathrooms
Well-designed living space with excellent rental appeal
2018 HVAC
2013 ROOF
Ideal floor plan for rental demand
RECENTLY UPDATED FEATURES:
Fresh interior and exterior paint throughout
Updated flooring in excellent condition
Updated fixtures throughout
All cosmetic improvements have been completed
INVESTMENT ADVANTAGES:
Verified rental income: $2,651/month lease in place
Stable tenant – continues with property transfer
Guaranteed monthly payments through Housing Authority
Turnkey operation – no known immediate capital improvements needed
Excellent rental market in the rapidly appreciating St. Petersburg area
33712 zip code – strong rental demand and property appreciation
FINANCIAL OVERVIEW:
Monthly Rental Income: $2,651
Annual Rental Income: $31,812
Tenant in place – seamless transition
Immediate cash flow from day one
MARKET POSITION: This property is perfectly positioned in St. Petersburg's robust rental market, where rental demand continues to outpace supply. The 33712 area offers strong fundamentals with consistent rental growth and property appreciation.
PERFECT FOR:
New investors seeking immediate, guaranteed cash flow
Experienced investors looking to expand their portfolio
1031 exchange opportunities
Out-of-state investors wanting turnkey Florida real estate
Driving directions : Take I-275 to 22nd Ave S and head East Take a left (North) on 31st St. Take a right (East) on 15th Ave and the house is down on the left.
| Rooms | Dimension | Description |
|---|---|---|
| Kitchen | 8x12 | First level , Ceramic Tile |
| Primary Bedroom | 10x12 | First level , Ceramic Tile |
| Living Room | 14x14 | First level , Ceramic Tile |
3, 1, 1,200ft²
MLS#: TB8460288
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