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Listing Courtesy Of: CENTURY 21 RE CHAMPIONS, 727-398-2774, Brandon Rod

Local Realty Services Provided By: Keller Williams St. Pete Realty

Overview

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$875,000

858 93RD AVENUE N, ST PETERSBURG, FL 33702

sq ft

$875,000

858 93RD AVENUE N, ST PETERSBURG, FL 33702

Estimation provided by Keller Williams Realty Inc.

sq ft

Pending

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Property Description

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Under contract-accepting backup offers. Rare Investment opportunity, 4-unit concrete block constructed apartment building in beautiful St. Petersburg, Florida! This turn-key purpose-built quadplex offers 4 identical units - 2Br 1 Bath with washer/dryer hook-ups. All units have been remodeled with new kitchen, bath, and tile flooring. New top of the line Trane HVAC units in all 4 apartments, Low-e double pane vinyl insulated windows, water sprinkler with well. You will not find a better maintained 4-unit rental property for sale in Pinellas County. Located just 14 minutes from Tampa International Airport and 11 minutes to Downtown St Pete and 2miles to Tampa Bay beaches, this property provides unbeatable convenience for tenants. Current rents are below market value, creating an immediate value-add opportunity for investors. By adjusting to median rent rates, this property has the potential to generate a 10%+ cap rate immediately, making it an exceptional addition to any portfolio. Don't miss this chance to own a high demand, meticulously maintained rental property with significant upside potential!

Property Details

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Overview

Property Type

Quadruplex

Property Size

sq ft

Year Built

1985

Days on Site

34 Days

HVAC

Central, Central Air

Parking

Yes

The Caruso Group

Linda Caruso

Clearwater

260012192

(727) 410-7501

clientcare@carusogroup.net

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Purchase Price: $875,000

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Price & Tax History

Date

Event

Price

02/18/2025

Listed

$875,000

No Tax History Data

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