NOT LISTED FOR SALE
8 Beds
4 Baths
2,500 Sq Ft
6,560 Sq Ft Lot

Last Sold November 29, 2023

Last sale price $532,000 $213 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Play Lot #3
  • Balcony
  • Ceiling Fan

About This Home

As of November 2023

This BLOCK quadplex presents a prime investment opportunity, offering a blank canvas to savvy investors aiming to capitalize on the burgeoning rental market. Being sold in its current as-is condition, it provides a unique chance to customize and upgrade according to the new owner’s vision, maximizing its potential for attracting tenants.
Strategically located near the heart of downtown St. Petersburg, this property is situated in an area experiencing positive growth and development, promising a favorable environment for both short-term renovation ROI and long-term asset appreciation.
Each unit within this building features a 2-bedroom, 1-bathroom layout, ideal for a range of tenants. Astute investors may consider the option of occupying one unit while leasing the others, a strategy that can effectively offset mortgage expenses through rental income.
Given the attractive features and location of this property, demand is expected to be high. Prospective investors are encouraged to act promptly to secure this investment. Viewing appointments are available upon request – a swift inquiry is advisable to avoid missing out on this compelling opportunity.

Last Agent to Sell the Property

Jenn Cook

COASTAL PROPERTIES GROUP INTER Brokerage Phone: 813-879-6800 License #3041895 Listed on: 11/04/2023

Last Buyer's Agent

Charles Rountree

INSTA REAL ESTATE SOLUTIONS License #3361271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1962

Lot Details

  • 6,560 Sq Ft Lot
  • Lot Dimensions are 82x80

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,500 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2,796 Sq Ft Building
  • La Plaza Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,514

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2500
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 2796
  • Lot Size Sq Ft: 6560
  • Tenant Pays: Electricity
  • Directions to Property: 18th Ave. S. to quads 2 blocks west of 16th St. S.
  • Status: Sold
  • Street Post Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Tampa
  • Escrow Postal Code: 33606
  • Escrow State: FL
  • Escrow Street Name: S.Clark Ave
  • Escrow Street Number: 1510
  • List Office Head Office Key Nume: 1056236
  • RATIO Current Price By Calculate: 212.80
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 813-879-6800
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1757
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 232.26

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: MULTI
  • Parcel Number: 25-31-16-50040-000-0040
  • Additional Parcels: No
  • Lot Dimensions: 82x80
  • Flood Zone Code: x
  • Lot Size Square Meters: 609

Rental Info

  • Total Actual Rent: 2200

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4514
  • Tax Block: 0
  • Tax Book Number: 0008
  • Tax Lot: 4

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
11/29/2023 11/29/23 Sold $532,000 +15.7% $213 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $460,000 +72.3% $184 / Sq Ft
09/26/2019 09/26/19 Sold $267,000 -2.9% $107 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $274,900 -- $110 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3484175

Stellar MLS