$200,000

About This Property

Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.

infoProperty Details

Property Type

Condominium

Year Built

1974

Living Area

1,180 sqft

Bedrooms

3

Bathrooms

2

Ownership

Condominium

Days on Market

1

List Date

Sep 10, 2026

Annual Taxes

chairInterior Features

yardExterior & Lot

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Listed By

COMPASS FLORIDA LLC

727-380-2067