3118 PINE TREE AVENUE at

3118 PINE TREE AVENUE

For sale Days on market 1

$425,000

$270/sq ft

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Overview

Bedroom

Year Built

1973

Sqft

1575

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Here is a GREAT Opportunity to own an income producing property!!! Turn-Key Duplex, Immediate Cash Flow, Storm-Safe, City-Approved Short-Term Rentals Allowed. This property has undergone a complete renovation on both sides, Unit A (2018) and Unit B (2017) which includes: New AC's & Ductwork, New Plumbing, New Kitchens w/ Appliances, Bathrooms, Flooring, Electrical Panels…There are too many upgrades to list in this summary, a full improvement list is available upon request. Major capital improvements completed 2023 are: Roof, New Hurricane-rated windows & doors, Driveway and a Water Heater 2024. Each side enjoys its own Large Fenced in backyard, Full Size Washer & Dryer, Separate Electrical Panel & Water Meter which gives each unit the perfect autonomy. Layout and upgrades are identical in each unit. Currently Unit A is leased at $1,700 annual rents and Unit B is ready for a new tenant. This positions you perfectly to occupy 1 side yourself Or rent it out long or short term, the city allows short term rentals (STR’s) perfect for traveling nurses or vacation guests. Pet Friendly area and located minutes from retail, dining, beaches, I-275, St. Pete–Clearwater Airport, and Tampa International Airport. Also located in Flood Zone X and low evacuation Zone D, this Duplex had no storm damage from the recent storms. This is a rare opportunity to acquire stabilized income today, scale income tomorrow, and do so with the comfort that this property is in such Great Condition!!!

Property Details

MLS#

TB8459158

Address

3118 PINE TREE

City

Largo

State/county

Zip/Postal Code

33771

Area

Lake Palms Sec 3

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,368

Maint Fee

$--

Tax Year

2024

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