$220,000
$19K PRICE DROP

Estimated payment $1,336/month

Total Views 6,193
3 Beds
1 Bath
878 Sq Ft
$251 Price per Sq Ft

Highlights

  • Property is near public transit
  • Living Room
  • Tile Flooring
  • No HOA
  • Bungalow
  • Central Heating and Cooling System

About This Home

EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY INVESTMENT. This 3-bedroom, 1-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,296 per month with an annual Housing Authority tenant lease in place, this property offers immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 3 bedrooms, 1 bathroom, Built in 1956 with quality masonry construction, Concrete foundation and composition roof, 5,558 SqFt lot providing excellent privacy and outdoor space, Central air conditioning and heating for year-round comfort. RECENTLY UPDATED FEATURES: Fresh interior and exterior paint throughout, Updated flooring, Updated kitchen cabinets, Updated fixtures throughout, All cosmetic improvements completed and move-in ready. INVESTMENT ADVANTAGES: Verified rental income: $2,296/month with annual lease, Satisfactory 4-point inspection report - transferable to Buyer, Current wind mitigation report - transferable to Buyer, Turnkey operation - no known immediate capital improvements needed, Excellent rental market in rapidly appreciating St. Petersburg area. FINANCIAL OVERVIEW: Monthly Rental Income: $2,296, Annual Rental Income: $27,552, Stable tenant with lease in place. This property is perfectly positioned in St. Petersburg's strong rental market, where demand continues to outpace supply. PERFECT FOR: New investors seeking immediate cash flow, Experienced investors looking to expand their portfolio, 1031 exchange opportunities, Out-of-state investors wanting turnkey Florida real estate. Don't miss this rare opportunity to acquire a cash-flowing investment property with established income, transferable reports, and recent updates - Act now, before this exceptional investment opportunity is gone!

Listing Agent

Charles Rountree

INSTA REAL ESTATE SOLUTIONS Brokerage Phone: 813-586-0654 License #3361271 Listed on: 07/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1954

Lot Details

  • 5,558 Sq Ft Lot
  • East Facing Home
  • Level Lot

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 878 Sq Ft Home
  • Living Room
  • Range

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royals Rosa E Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block, Frame
  • Fireplace: No
  • Living Area: 878
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 903
  • Lot Size Sq Ft: 5558
  • Directions to Property: FROM I-275 NORTH: Head east on I-275 N (1.0 mi - 57 sec) Take Exit 39 for FL-60 W/Kennedy Blvd toward FL-589 N/Clearwater/FL-60 E/Westshore Blvd/Tampa Int'l Airport (0.4 mi - 24 sec) Take the Kennedy Boulevard exit toward FL-60 E/Westshore Boulevard (0.4 mi - 33 sec) Sharp left to merge with I-275 S (1.2 mi - 1 min) Keep right to continue on I-275 (9.5 mi - 8 min) Continue straight onto I-275 S (7.1 mi - 7 min) Take Exit 21 for 28th St S (0.3 mi - 31 sec)
  • Status: Active
  • Street Post Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33609
  • Escrow State: FL
  • Escrow Street Name: Henderson Blvd #100
  • Escrow Street Number: 340
  • List Office Head Office Key Nume: 513391970
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 250.57
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 813-586-0654
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Concrete Perimeter
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1221
  • Living Area Meters: 81.57
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-09-03
  • Flood Zone Panel: 12103C0218G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Parcel Number: 26-31-16-77472-000-0140
  • Additional Parcels: No
  • Lot Features: City Limits, Level, Near Public Transit, Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 516

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer / Buyer Agent responsible for verifying leasing restrictions with local Municipality.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1964
  • Tax Block: 0
  • Tax Book Number: 22-62
  • Tax Lot: 14

Multi Family

  • Currency Monthly Rent Amt: 2296.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,666 $136,159 $63,480 $72,679
2023 $1,666 $98,341 $41,386 $56,955
2022 $1,595 $100,744 $62,950 $37,794
2021 $1,351 $64,250 $0 $0
2020 $730 $60,434 $0 $0
2019 $638 $49,766 $11,146 $38,620
2018 $632 $51,890 $0 $0
2017 $573 $45,016 $0 $0
2016 $398 $22,492 $0 $0
2015 $380 $21,503 $0 $0
2014 $367 $22,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Price Changed $220,000 -2.2% $251 / Sq Ft
08/11/2025 08/11/25 Price Changed $225,000 -3.8% $256 / Sq Ft
07/17/2025 07/17/25 Price Changed $234,000 -2.1% $267 / Sq Ft
07/09/2025 07/09/25 For Sale $239,000 -- $272 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 Courtland Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,500 New Conventional
Closed $122,500 Commercial
Closed $77,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Stellar MLS

MLS Number: TB8405657

Stellar MLS

APN: 26-31-16-77472-000-0140