What is the Asking Price?

The current asking price for this property is $695,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 4 beds, 3 baths, 2,342 sqft, 0.15 acres lot, built in 1920, 19 pictures.

Where is the property located?

Property is located at 1002 18TH AVE S, ST PETERSBURG, FL, US. You can view this listing on our map here .

En venta: 1002 18th Ave S, St. Petersburg, 33705, FL

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1002 18TH AVE S, ST PETERSBURG, 33705

$695,000
Price changed 08/18/2024 from $750,000, -7.33%
4 Beds, 3 Baths , 2,342 Sq.Ft
County: Pinellas
Subdivision: CROMWELL HEIGHTS

Property highlights

MLS#: U8231688
6,351.00 lot size Sq.Ft.
Year built: 1920

Listed: 02/21/2024
Taxes: $4,393.00
Virtual Tour

Property Overview

This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.

Driving directions : MLK to 18th Ave to Property

Property Features

Rooms	Dimension	Description
Primary Bedroom	17x11	First level , Carpet
Kitchen	26x10	First level
Kitchen	16x11	First level
Great Room		First level

Interior Features

Ceiling Fans(s)
Window Treatments

Appliances

Electric Water Heater
Range
Range Hood
Refrigerator

Heating

Central
Electric

Laundry features

Electric Dryer Hookup
None
Washer Hookup

Air Conditioning

Central Air

Floor Covering

Carpet
Tile

Utilities

Cable Available
Electricity Available
Electricity Connected
Public
Sewer Available
Water Available
Water Connected

Exterior features

Lighting
Sidewalk

Construction Materials

Wood Frame
Wood Siding

Road Surface Type

Asphalt

Property Condition

Completed

Roof

Shingle

Foundation

Crawlspace

Listing information courtesy of MELANGE REAL ESTATE INC

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Listing data comes from My Florida Regional MLS.