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Investment Property For Sale in St Petersburg, Florida

Undisclosed, St Petersburg, Fl., 33702
  • 0 Bedrooms
  • 0 Bathrooms
  • 753 Sq Ft
For Sale: $5,595,000

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Investment Property (U7842216) For Sale at Undisclosed, St Petersburg, Fl., 33702

This 45-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

Building

Bldg Floors: 0 
Unit Floors:  
Total Units: 0 

Location

County: Pinellas 
Features: Gated Community, Pool, Sidewalk 

Listed By

, with Broderick & Associates Inc


More Info

For Sale is an Investment Property Investment Property with 753 Sq. Ft. of living area. This Investment Property was built in 1989 is located at Undisclosed, St Petersburg, Florida. and has an asking price of $5,595,000 USD.This investment property has an annual net income of $261,630 and an annual gross income of $261,630.

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All IDX property information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties for purchase. This data is deemed reliable but is not guaranteed accurate by My Florida Regional MLS ® or CENTURY 21 Coast to Coast ®.

MLS Data Last Refreshed on 5/27/2018 at 6:41 PM Eastern Standard Time.

Please confirm property availability and price, or any other information, by contacting a professional CENTURY 21 Coast to Coast real estate agent at (800) 529-1911