Listing Courtesy of: Kim Meredith-Hampton - ENGEL & VOLKERS ST. PETE
727-295-0000
$1,175,000
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3365 57th Avenue N St Petersburg, FL 33714
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
4,350
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Welcome to The Urban Standard! An urban oasis located in St. Pete. The unique property features a mixture of 6 short and mid term rentals, and 3 long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three-income-producing pro...perty in Pinellas County has endless value-add opportunities! With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a four unit at the front and a four unit at the back, with two additional studios. A shared community garden space, plus a dedicated dog park, make up this professionally managed complex. The property estimates a Net Operating Income (NOI) of $60,884 for 2024, with a CAP rate of 5.2%, making it the best buy on the market. Sold with 6 fully furnished units, it is ready to go for the next owner.
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MLS#
TB8339945
Property Type
Multi-Family
Year Built
1925
Square Feet
4,350
sq. ft
Sewer
Public Sewer
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