3320 18TH STREET N at

3320 18TH STREET N

For sale Days on market 271

$789,998

$368/sq ft

$160,002
Price Decreased

показать похожие

Overview

Bedroom

Year Built

1925

Sqft

2146

Property Type

Triplex

Property Description

Welcome to a rare income-producing gem in the heart of St. Petersburg's beloved Magnolia Heights neighborhood! This fully updated triplex sits on a spacious double lot and comes with not 3 but 4 active income streams — three furnished units plus a bonus RV/glamping lot that's already earning. The Numbers: 2024 verified net income of $105,238. Projected hybrid income of $75,000–$95,000/year using a furnished medium-term rental model (30+ days) — perfectly suited for St. Pete's booming travel nurse, remote worker, and snowbird market. Expenses consistently low at ~$16,000–$17,000/year. Cap rate of 9.5 return+ at asking price. Detailed month-by-month financials are available to serious buyers upon request through the listing agent. Unit 3314 is a beautifully renovated 1BR/1BA with luxury vinyl flooring, granite countertops, indoor laundry, and a private backyard pergola. Unit 3312 is a charming 2-story 2BR/1BA with alley access, open-concept living, hurricane shutters, and an artificial turf backyard. Unit 3320 mirrors 3312's layout with all new appliances and updated landscaping. The bonus RV/glamping lot is already active with a 4.70 Airbnb rating across 20 reviews. Every unit features a private fenced backyard, dedicated parking, new AC, smart locks, and separate entrances. NO flood zone. Zero flooding or water damage history. Minutes from Downtown St. Pete, the beaches, St. Pete/Clearwater Airport, and the Tampa Bay healthcare corridor. Detailed financials are available to serious buyers through the listing agent.

Property Details

MLS#

TB8405558

Address

3320 18TH

City

St Petersburg

State/county

Zip/Postal Code

33713

Area

Beever O A Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,391

Maint Fee

$--

Tax Year

2024

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © MIAMI Association of REALTORS®, all rights reserved.