NOT LISTED FOR SALE

4625 Xenia St N Saint Petersburg, FL 33714

9 Beds
5 Baths
2,158 Sq Ft
6,212 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $612,000 $284 Per Sq Ft

73 Days on Market

Highlights

  • No HOA
  • Closet Cabinetry
  • Ceramic Tile Flooring
  • Eat-In Kitchen
  • Living Room
  • Central Heating and Cooling System

About This Home

As of August 2024

**INVESTMENT OPPORTUNITY** Average income - $215/week , NET - $65,000 - $70,000 annually. Welcome to your next income-producing investment opportunity! This property presents an exceptional chance to secure a steady return with an impressive 11% Cap Rate post-operating expenses. Comprising two units on a single lot, this investment gem offers versatility and stability. The primary unit boasts a spacious layout featuring 5 bedrooms and 3 bathrooms, while the secondary unit offers 4 bedrooms and 2 bathrooms. Currently operating under a group living model, the property is fully stabilized with a 100% occupancy rate. Each occupant enjoys the luxury of their own individual sleeping quarters equipped with a TV, promoting privacy and comfort. Common areas include well-appointed kitchen and laundry spaces, fostering a sense of community among tenants. TWO other buildings adjacent are also available for purchase-each also with a 11% cap rate. Recently renovated to the highest standards, this property exudes modern elegance and functionality. Highlights of the renovation include premium vinyl flooring, sleek stainless steel appliances, luxurious quartz countertops, glass shower enclosures, and the convenience of in-unit washer/dryer setups. Furthermore, the units come fully furnished, complete with TVs, ensuring an attractive offering for tenants seeking convenience and style. This investment opportunity is tailored for passive income seekers, with streamlined management processes in place for your peace of mind. An online booking platform facilitates tenant reservations, while an experienced management company handles all on-the-ground operations, from maintenance requests to tenant inquiries. With a robust Cap Rate of 11%, this investment is not only lucrative but also inclusive of all associated fees. From Padsplit marketing and portal expenses to on-the-ground management services, utilities (including WiFi), taxes, and insurance – everything is comprehensively covered. Don't miss out on this turnkey investment opportunity offering both exceptional returns and hassle-free management. Take advantage of the potential for long-term financial growth and schedule your viewing today!

Last Agent to Sell the Property

Thomas Homan, Jr

HOMAN REALTY GROUP INC License #3353368 Listed on: 05/06/2024

Last Buyer's Agent

Beth Silverman

EXP REALTY LLC License #3281527

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1953

Lot Details

  • 6,212 Sq Ft Lot
  • North Facing Home
  • Fenced

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,158 Sq Ft Home
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Closet Cabinetry
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakeside Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2158
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 3666
  • Lot Size Sq Ft: 6212
  • Status: Sold
  • Street Post Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Escrow City: Trinity
  • Escrow State: FL
  • Escrow Street Name: State Rd 54, Suite C101
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 283.60
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 5
  • Interior Amenities: Eat-in Kitchen
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 9
  • Levels: One
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 200.48

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • 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: 02-31-16-48636-001-0230
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: A

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 4284
  • Tax Block: 001
  • Tax Book Number: 9/135
  • Tax Lot: 0230

Matterport 3D Tour

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 List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $612,000 0.0% $284 / Sq Ft
08/30/2024 08/30/24 Sold $612,000 -5.8% $284 / Sq Ft View Prior Sale
07/19/2024 07/19/24 Pending -- -- --
07/19/2024 07/19/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $650,000 0.0% $301 / Sq Ft
04/26/2024 04/26/24 For Sale $650,000 -- $301 / 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: T3523162

Stellar MLS

APN: 02-31-16-48636-001-0230