1 / 24location_onST PETERSBURG, FL 33702 · Pinellas County
Unique opportunity to acquire a tenant-occupied St. Petersburg townhome offering both immediate rental income and compelling underlying real estate value. The residence features 2 bedrooms, 2 bathrooms and approximately 1,195 square feet and is currently leased at $2,014 per month. The property is being marketed individually at $250,000, providing flexibility for buyers interested in the property as a standalone acquisition. 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.
Appliances
Flooring
Cooling
Heating
Construction
Roof
Pool
Zachary Steinberger
COMPASS FLORIDA LLC
$50,000 down
Loan amount $200,000
Estimated monthly principal & interest
$1,264
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
COMPASS FLORIDA LLC
727-380-2067