NOT LISTED FOR SALE

7301 8th St N St. Petersburg, FL 33702

Fossil Park Neighborhood
-- Bed
-- Bath
1,901 Sq Ft
9,605 Sq Ft Lot

Last Sold June 17, 2020

Last sale price $332,000 $175 Per Sq Ft

14 Days on Market

Highlights

  • Parking available for a boat
  • Engineered Wood Flooring
  • Corner Lot
  • Property is near public transit
  • Attic
  • Great Room

About This Home

As of June 2020

INVESTORS DELIGHT! LARGE FOSSIL PARK DUPLEX! The highly sought after Fossil Park neighborhood and it's duplexes rarely come to market. Your chance to purchase this recently updated and well maintained income producing duplex in desirable NorthEast St Petersburg is here. PRICED at a profitable 8% CAP RATE, with immediate upside potential to 8.5%!!! Located just minutes from Downtown St Pete, craft kitchen restaurants, retail, the USF St Pete Campus and walking distance to the Northeast Trail. Options and opportunities await you! Live in one unit while enjoying rental income from the other, or lease both units and yield an 8-9% cap rate! The smaller unit currently has a 12 month lease at $1,400.00/Month and does not expire until April 2021. The larger unit is vacant and can rent for $1,600-$1,700/Month. This is one of the largest duplexes in the Fossil Park area and is situated on an oversized corner lot. Both sides feature plenty of space with three (3) Bedrooms and one (1) Bath, covered carport parking, private laundry room(s), ample storage, updated kitchens and bathrooms, new paint, updated landscaping, New water heaters and a New HVAC. Enjoy a comfortable morning or evening from the privacy of a newly fenced in back yard. Have a boat or RV? There's even a large parking pad for either of those as well. As cities and states begin to open and the housing market heats up, don't delay. Move in, or put your money to work for you and make income while you sleep before Summer!

Last Agent to Sell the Property

Justin Smith

SMITH & ASSOCIATES REAL ESTATE License #3153560 Listed on: 05/15/2020

SMITH & ASSOCIATES REAL ESTATE

Last Buyer's Agent

Justin Smith

SMITH & ASSOCIATES REAL ESTATE License #3153560 Listed on: 05/15/2020

SMITH & ASSOCIATES REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1960

Lot Details

  • 9,605 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,901 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in Garage
  • Washer

Parking

  • 2 Carport Spaces
  • Parking Pad
  • Parking available for a boat

Outdoor Features

  • Shed
  • Front Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Schools

  • Lynch Elementary School
  • Northeast High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,479 Sq Ft Building
  • Fossil Park Condos
  • Glenside Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,186

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1901
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2479
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 9605
  • Tenant Pays: Electricity, Sewer, Trash Collection
  • Directions to Property: From 4th St head west on 73rd Ave, then right on 8th St N. Duplex is on corner of 73rd Ave N and 8th St. N.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8084488?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8084488?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93785
  • Price per Sq Ft: 174.64
  • Close to Original List Price Ratio: 0.92479
  • Ratio: Current Price\Building Area Total: 133.92
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Window Treatments
  • Appliances Included: Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 7301
  • Additional Rooms: Attic, Great Room
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Boat, Covered, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: FOSSIL PARK
  • Association Fee Requirement: None

Schools

  • Elementary School: Lynch Elementary-PN
  • High School: Northeast High-PN

Lot Info

  • Zoning: DUPLEX
  • Parcel Number: 30-30-17-31176-002-0010
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3000

Multi Family

  • Gross Income: 36000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4186
  • Tax Block: 2
  • Tax Book Number: 46-55
  • Tax Lot: 1

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
06/17/2020 06/17/20 Sold $332,000 -6.2% $175 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $354,000 -1.4% $186 / Sq Ft
05/15/2020 05/15/20 For Sale $359,000 -- $189 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin Smith

    Seller's Agent in 2020

    Justin Smith

    SMITH & ASSOCIATES REAL ESTATE

    (727) 342-3800

    1 in this area

    128 Total Sales

    Justin Smith
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Map

Source: Stellar MLS

MLS Number: U8084488

Stellar MLS
Florida Pinellas County Saint Petersburg 33702 Fossil Park

7301 8th St N, Saint Petersburg, FL

This home is located at 7301 8th St N, St. Petersburg, FL 33702 since 15 May 2020. This property was built in 1960. 7301 8th St N is a home located in Pinellas County with nearby schools including Lynch Elementary School, Northeast High School, and Meadowlawn Middle 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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