Courtesy of
- Listing Office: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
- Status: Active
- MLS ID: MFRTB8535635
Description
-
Description:
Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 1121 10th Ave S (See MLS #TB8535618). This 4-bedroom, 1-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at $3,150/month (leased through 2/28/2027), providing secure, government-backed rental income.
The asset has undergone an extensive luxury overhaul, featuring a custom attic conversion that creates a spacious 4th bedroom. Major capital expenditures have already been completed, including a 3-ton HVAC system, roof repairs, removal of an unsafe garage structure, and a brand-new paver patio. The high-end interior boasts new marble-look tile flooring throughout, a beautifully upgraded kitchen with Calacatta granite countertops, a waterfall edge breakfast bar, decorative LED pendant lighting, separate dining room, and stainless steel appliances with french door refrigerator, dishwasher and in-unit washer/dryer. With no HOA and the tenant handling all utilities and lawn care, this is a premium, hands-off investment.
Package Sister Property Details (1121 10th Ave S): Features a 3-bed / 1.5-bath layout, a $2,715/month lease through 3/31/2027, and premium updates located in Flood Zone X. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate.
Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.
Show all description - Virtual Tour: https://www.propertypanorama.com/instaview/stellar/TB8535635
Video
- VirtualTourURLUnbranded: https://www.propertypanorama.com/instaview/stellar/TB8535635
Basics
- Bathrooms Half: 0
- Date added: Added 10 minutes ago
- Category: Single Family Residence
- Type: Residential
- Bedrooms: 4
- Bathrooms: 1
- Half baths: 0
- Floors: 2
- Area, sq ft: 1345 sq ft
- Lot size, sq ft: 7501 sq ft
- Year built: 1925
- View: City, Garden
- SubdivisionName: CHURCHILL GROVE
Location
- CountyOrParish: Pinellas
- City / Department: ST PETERSBURG
Property Features
- Interior Features: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile
- Laundry Features: Inside, Laundry Closet
- Patio And Porch Features: Front Porch, Patio
- Fireplace Features: Decorative
- Parking Features: Ground Level, Off Street
- Pets Allowed: Cats OK, Dogs OK
- Exterior Features: Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
- Fencing: Chain Link
- Roof: Shingle
- Security Features: Fire Alarm, Smoke Detector(s)
- Window Features: Blinds, Shades, Window Treatments
- Vegetation: Trees/Landscaped
- View: City, Garden
- Water Source: Public
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Electric
- Furnished: Negotiable
Property Details
- Subdivision Name: CHURCHILL GROVE
- Direction Faces: South
- Construction Materials: Vinyl Siding, Frame
Fees&Taxes
- Tax Year: 2025
- Tax Annual Amount: $2,909
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
- Security Features: Fire Alarm, Smoke Detector(s)
- WindowFeatures: Blinds, Shades, Window Treatments
- ExteriorFeatures: Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
- Utilities: Electricity Connected, Sewer Connected, Water Connected
- Features:
- Amenities:
Building Details
- ArchitecturalStyle: Bungalow, Craftsman, Florida
- NewConstructionYN: No
- Heating: Electric
- Exterior material: Frame, Vinyl Siding
- Roof: Shingle
- Parking: Ground Level, Off-street
