NOT LISTED FOR SALE
-- Bed
-- Bath
14,910 Sq Ft
0.67 Acre Lot

Sale Details

Date Sold: May 25, 2022

Last sale price $4,600,000 $309 Per Sq Ft

35 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Guest Parking
  • 0.67 Acre Lot
  • Closed Circuit Camera
  • Outdoor Storage

About This Home

As of May 2022

LOCATION, LOCATION, LOCATION!!! This cash cow is an investor's dream and a rare find, located in highly-desirable South Pasadena only minutes from Florida's tropical sandy beaches, a short distance from Stetson Law School, Gulfport, and a short drive from booming Downtown St. Petersburg! Fully occupied 22 unit complex with Pool and lush tropical landscaping and plenty of parking! The property, grounds, pool, laundry room, and units have all been meticulously well maintained. This property is surrounded by residential streets and lovely palm trees. This property has a very low vacancy rate and is always in high demand. Hurry Up before this opportunity is gone! MULTIPLE OFFERS PLEASE SUBMIT YOUR OFFERS BY NOON THURSDAY 03/31/2022.

Last Agent to Sell the Property

Ryan Repko

RE/MAX ACTION FIRST OF FLORIDA License #3368685 Listed on: 02/24/2022

RE/MAX ACTION FIRST OF FLORIDA

Co-Listed By

Team Albanese-Repko

RE/MAX ACTION FIRST OF FLORIDA License #372556

Last Buyer's Agent

Jeff Copeland

COPELAND MORGAN LLC License #3326487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,060

Year Built

  • Built in 1972

Lot Details

  • 29,312 Sq Ft Lot
  • Fenced

Home Design

  • 14,910 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Outdoor Storage

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 22 Units
  • 17,420 Sq Ft Building
  • Pasadena On The Gulf Sec C Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,060

Year Built

Built in 1972

Lot Details

0.67 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 14910
  • Lot Size Acres: 0.67
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 17420
  • Lot Size Sq Ft: 29312
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8153148?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8153148?w=Customer
  • Unit Count: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93878
  • Price per Sq Ft: 308.52
  • Close to Original List Price Ratio: 0.93878
  • Ratio: Current Price\Building Area Total: 264.06
  • View: No
  • Co List Office Mls Id: 260032162
  • Co List Office Phone: 727-466-0800
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 2

Exterior Features

  • Other Structures: Other, Storage
  • Pool Features: In Ground
  • Exterior Features: Fenced, Lighting, Other
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0213H
  • Disclosures: Other

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No
  • Security: Closed Circuit Camera(s)
  • Senior Community: No

Lot Info

  • Parcel Number: 30-31-16-67518-105-0170
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-24

Multi Family

  • Number Of Units Total: 22

Tax Info

  • Tax Annual Amount: 26060
  • Tax Block: 105
  • Tax Book Number: 7-15
  • Tax Lot: 17

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
May 25, 2022
Sold by
Bought by
Seller's Agent
Ryan Repko
RE/MAX ACTION FIRST OF FLORIDA
Buyer's Agent
Jeff Copeland
COPELAND MORGAN LLC
List Price
$4,900,000
Sold Price
$4,600,000
Premium/Discount to List
-$300,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,760,000
Interest Rate
0.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.0423%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2016
Bought by

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,600,000 Professional Title Solutions
$275,000 Assure Title Llc
$100 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,760,000
Previous Owner $300,000
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $4,600,000 -6.1% $309 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $4,900,000 -- $329 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $61,098 $2,400,000 $612,336 $1,787,664
2024 $68,284 $3,350,000 $912,309 $2,437,691
2023 $68,284 $3,700,000 $1,004,985 $2,695,015
2022 $28,805 $1,600,000 $435,149 $1,164,851
2021 $26,060 $1,400,000 $0 $0
2020 $23,745 $1,315,000 $0 $0
2019 $21,230 $1,160,000 $262,855 $897,145
2018 $20,676 $1,120,000 $0 $0
2017 $17,573 $1,000,000 $0 $0
2016 $15,712 $835,000 $0 $0
2015 $14,932 $775,000 $0 $0
2014 $13,824 $763,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8153148

Stellar MLS
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