$3,650,000

$52/sq ft

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Overview

Bedroom

23

Year Built

1977

Sqft

70480

Property Type

Multi Family

Property Description

Value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses.

Property Details

MLS#

TB8429450

Address

540 14TH

City

St Petersburg

State/county

FL

Zip/Postal Code

33705

Area

Bon Air

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$--

Maint Fee

$--

Tax Year

2024

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Boris Gelfand