NOT LISTED FOR SALE

375 & 359 50th Ave N Unit 1,2,3,4 Saint Petersburg, FL 33703

Harcourt Neighborhood
8 Beds
4 Baths
3,072 Sq Ft
0.36 Acres

Last Sold January 30, 2023

Last sale price $895,000 $291 Per Sq Ft

31 Days on Market

Highlights

  • 0.36 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Open Floorplan
  • Garden View
  • Outdoor Storage

About This Home

As of January 2023

Location, location, location! A four unit apartment complex in Northeast St. Pete, just east of 4th street north. All four are symmetrical 2 bedroom, 1 bath units featuring concrete block construction, central heat and air, and private, fenced outdoor area featuring a dedicated laundry room for each unit. All units are separately metered for both water and electric; owner pays only taxes, insurance, and lawn care. Easy to manage complex with far below market rents- there is massive upside potential in one of the best areas of the city. New roofs on both buildings in fall 2020, new exterior paint, lighting and landscaping in 2021. Potential for future development due to land size, or may be possibility to add units in middle due to layout of buildings on 3 lots (potential buyers to verify with city). A pride of ownership complex with great income that is easy to manage and close to everything! Only available masonry fourplex under $1,2000,000 in St. Pete! Current net income is $50,000! At market rents net income would be $74,000! See attached Rent Roll.

Last Agent to Sell the Property

Jim Blackmon

COLDWELL BANKER REALTY License #496607 Listed on: 12/02/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Jeffrey Selker

LUXURY & BEACH REALTY INC License #3239112

LUXURY & BEACH REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,230

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 125x127

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,072 Sq Ft Home
  • Open Floorplan
  • Garden Views
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • 3,384 Sq Ft Building
  • Harcourt Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 24 / H
  • Assessor Parcel Number 06-31-17-36702-008-0250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,230

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3072
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3384
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 15875
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: 4th St. N., East on 50th Ave. Buildings on North side of 50th.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8183992?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8183992?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 36702
  • Ratio: Close Price\List Price: 0.895
  • Price per Sq Ft: 291.34
  • Close to Original List Price Ratio: 0.895
  • Ratio: Current Price\Building Area Total: 264.48
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan, Thermostat
  • Appliances Included: Range, Refrigerator
  • Total Bedrooms: 8
  • Levels: One
  • Street Number Modifier: 375 & 359
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0209H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Parking Pad
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: 06-31-17-36702-008-0250
  • Additional Parcels: No
  • Lot Dimensions: 125x127
  • Flood Zone Code: AE-8
  • Flood Zone Date: 2021-08-24
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 9230
  • Tax Block: H
  • Tax Book Number: 8-39
  • Tax Lot: 24

Range of Values:

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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
01/30/2023 01/30/23 Sold $895,000 -10.5% $291 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/02/2022 12/02/22 For Sale $1,000,000 -- $326 / 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: U8183992

Stellar MLS