Waterfront
Address
440 14th AVENUE N, SAINT PETERSBURG, FL
Price
$ 1,575,000
Property Attributes
  • MLS#U8244869
  • TypeIncome
  • CountyPINELLAS
  • CitySAINT PETERSBURG
  • AreaSt Pete
  • NeighborhoodPalms At Crescent Lake Condo
  • Zip33701
  • StyleMulti Family
  • Year Built1949
  • Taxes$ 12855
  • Price$ 1,575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3948
  • Lot Size0.25 Acres
Data Source:
Stellar MLS
Property Description

EXCELLENT INVESTMENT OPPORTUNITY to acquire a 7 UNITS to Hold or for Individual Resale just steps off of the 4th St corridor in the sought after CRESCENT LAKE area of ST PETERSBURG proper!!! Comprising 7 FULLY OCCUPIED 1-Bedroom/1 Baths in an 8 unit condo property across 2 buildings on a large lot complete with off street parking, these homes are exceedingly walkable to all of the in demand destinations of downtown St Pete, the tennis and pickleball courts of gorgeous Crescent Lake, and the waterfront. These are high-demand products with balconies, patios and central AC, designed so that all are corner units - ideal for both our booming rental and sales markets, providing opportunities for multiple investment strategies with multiple exit options - the next owner can Buy and hold as a set, or sell off individually. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC all just steps off Crescent Lake and 4th Street all make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a beautiful shaded neighborhood with mature landscaping and a great lifestyle these properties will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner regardless of strategy. This area is IN HIGH-DEMAND for rentals AND sales, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for residents!! Walk to Crescent Lake, Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! Pre-Contract Showings available when there are vacancies, walk-arounds welcome when there are not - contact today to schedule.

Price History
6/3/2024 Listed $1,575,000

General Features

Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Other
Appliances Dryer,Range,Refrigerator,Washer
Exterior Features Balcony,Other
Patio/Porch Features Covered
Construction Materials Block
Pets Allowed Number Limit
Year Built 1949
Tenant Pays Electricity
View City,Garden
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 136680
Additional Parcels Description See Attached
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name PALMS AT CRESCENT LAKE CONDO
Garage Y/N No
Status Active
Directions 4th St to 14th Ave N to addresses.
ModificationTimestamp 2024-06-28T15:56:05.357Z
City SAINT PETERSBURG
Buyer Agent Compensation 2.5%-$395
Disclosures Lead Paint
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 7
MLS Area 33701 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 10985
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 12855.85
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8244869
Days on Market 27
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description PALMS AT CRESCENT LAKE CONDO BLDG 440,UNIT 1
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Flooring Hardwood
Common Walls Corner Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Common Area,Laundry Closet
LivingAreaSource Public Records

Exterior Features

Parking Features Off Street
Lot Features City Lot,In County,Near Public Transit,Sidewalk
Water Source Public
Lot Size Area 10985
Foundation Details Slab
Number of Buildings 2
Lot Size Acres 0.25
Road Surface Type Paved
Number of Lots 7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33701

Price
AVG $1.45M
$1.58M
Taxes
AVG $11,835
$12,855
Visits
AVG 484
112
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1949

Areas We Cover