NOT LISTED FOR SALE

1053 5th St N St. Petersburg, FL 33701

Uptown Neighborhood
3 Beds
3 Baths
1,752 Sq Ft
4,025 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $750,000 $428 Per Sq Ft

12 Days on Market

Highlights

  • Open Floorplan
  • Stone Countertops
  • Laundry closet
  • St. Petersburg High School Rated A
  • No HOA
  • 5-minute walk to Round Lake Park

About This Home

As of September 2023

Under contract-accepting backup offers. Welcome to 1053 5th St N, a beautifully updated triplex in the heart of Historic Uptown, St. Petersburg. This property presents a fantastic opportunity for "house hacking" – a concept that's perfect for savvy buyers looking to maximize their investment. The triplex includes a front duplex and a FULLY FURNISHED charming back cottage, all centered around a serene courtyard. Each unit offers modern amenities while preserving historic charm, making it an ideal live-and-rent opportunity. You can live in one unit while renting out the others, significantly offsetting your mortgage and expenses. Updates include a brand new HVAC, updated electrical and plumbing, updated kitchens, recessed LED lighting, smart locks, and newer appliances. Located just steps away from downtown St. Pete, residents can enjoy a vibrant lifestyle with access to restaurants, art galleries, and shops. The courtyard provides a peaceful oasis for residents to relax and socialize. Currently operating as a 6.37% cap rate investment with value add potential to perform as an 8% cap rate or higher. Owner financing is available for qualified buyers with 50% down. Don't miss this unique opportunity to own a piece of history in Historic Uptown!

Last Agent to Sell the Property

Zach Steinberger

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3438328 Listed on: 07/27/2023

COMPASS FLORIDA LLC

Last Buyer's Agent

Debbie Blume

COASTAL PROPERTIES GROUP INTERNATIONAL License #644396

COASTAL PROPERTIES GROUP INTERNATIONAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,335

Year Built

  • Built in 1925

Lot Details

  • 4,025 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Fenced
  • Street paved with bricks

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,752 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Crawl Space
  • Stone Countertops
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Pad
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Flahartys Wm Add Subdivision

Building Details

  • Operating Expense $12,840
  • Gross Income $60,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,335

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1752
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1925
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 4025
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From 275 S, turn left on 22nd Ave N, turn right on MLK, left on 10th St N, and house is on the right.
  • Status: Sold
  • Street Post Direction: N
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • RATIO Current Price By Calculate: 428.08
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 3
  • Street Number Modifier: 1053
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 162.77

Exterior Features

  • Exterior Features: Fence, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Brick
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street, On Street, Parking Pad

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 18-31-17-27990-000-0052
  • Additional Parcels: No
  • Lot Dimensions: 40x100
  • Flood Zone Code: X
  • Lot Size Square Meters: 374

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 5050
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 60600
  • Number Of Units Total: 3
  • Total Num Buildings: 2
  • Unit Count: 3
  • Est Annual Market Income: 58200.00
  • Total Monthly Expenses: 1070

Tax Info

  • Tax Annual Amount: 5334.66
  • Tax Block: 0
  • Tax Book Number: H4-15
  • Tax Lot: 5

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $750,000 0.0% $428 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $750,000 -- $428 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Zach Steinberger

    Seller's Agent in 2023

    Zach Steinberger

    COMPASS FLORIDA LLC

    (727) 280-6469

    2 in this area

    222 Total Sales

    Zach Steinberger
    Section Image
  • Debbie Blume

    Buyer's Agent in 2023

    Debbie Blume

    COASTAL PROPERTIES GROUP INTERNATIONAL

    (727) 415-2262

    2 in this area

    10 Total Sales

    Debbie Blume
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8208559

Stellar MLS
Florida Pinellas County Saint Petersburg 33701 Uptown

1053 5th St N, Saint Petersburg, FL

This home is located at 1053 5th St N, St. Petersburg, FL 33701 since 27 July 2023. This property was built in 1925. 1053 5th St N is a home located in Pinellas County with nearby schools including Woodlawn Elementary School, John Hopkins Middle School, and St. Petersburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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