💥 Saint Petersburg, FL | Turnkey Subto Property | Huge Rental Potential 🏠

Pinellas County, St. Petersburg, FL, 33702
Sold
Listed at: February 2nd, 2024
Price
$40,000
Sq. Footage
1001
Type
Single-Family
Parking
Driveway
Year build
1945
Lot size
5946.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

💥 New 6.5% Turnkey Subto Property For Assignment

Saint Petersburg, FL 💥

🏠 12% Entry - Recently Renovated/Potential Rental Income: 2.3k - 2.8k/month as Long-Term Rental (LTR)


💎 Quick Property Overview:

Size: 1001 SqFt

Year Built: 1945, Recently Renovated

Layout: 2 Bedrooms / 1 Bathrooms

Roof & HVAC: Both replaced in 2023

HOA: No HOA - No Rental Restrictions

COE (Close of Escrow): On or Before March 4th, 2024

EMD: 5K


💸 Financial Overview:

Total Entry Fee: 40K plus Closing & TC

Mortgage Balance: $320,750.57

Interest Rate: 6.5%

PITI: $2,384.48


🌄 Location Highlights:

Downtown St. Petersburg: 10 min drive

St Anthony's Hospital: 12 min drive

City of St Petersburg: Albert Whitted Airport: 14 min drive

Convenience: Walking distance to shopping, parks, and schools

Nearby Attractions: Close to Museums, Kayaking and ZooTampa at Lowry Park, The Florida Aquarium, and Restaurants/Bars


🚀 Investor's Edge:

High Cashflow: 3000 - 4000/month positive cashflow

The House is in a very active area for vbor and airbnb

($200/Night 75% Occupancy)

Turnkey & Renovated: Ready for immediate occupancy

Low Interest Rate: Attractive 6.5% rate with 12% entry fee

No Banks, Tax Returns, or Credit Checks Needed!


📞 Contact for More Photos & Details:

Jerry Norton @ (915) 443-0816

Email: offers@dispowithjerry.com

Courtesy of Dispo with Jerry

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jerry Norton

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Disposition manager