1015 Locust Street Northeast

St. Petersburg, FL 33701

$995,000
Price
5
Beds
2,279 Sq. Ft.
$437 / Sq. Ft.
2,279
Sq. Ft.
$437
per Sq. Ft.

Description

Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each...Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.

Listing Agent

  1. Alex Plotkin

    Alex Plotkin

    Listing Agent

    Compass

Property Details for 1015 Locust Street Northeast

Subdivision Name
PRESSTMANS GEO SUB
Township
31
Garage Spaces
3
View
City, Trees/Woods
Waterfront
No
Furnished
Unfurnished

Location

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LISTING UPDATED: 05/04/2024 08:01 PM

Property Details for 1015 Locust Street Northeast

StatusPending
MLS #U8236468
Days on Market7
Taxes$15,598 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1936
Lot Size0.15 AC / 6,625 SF
CountyPinellas County

Location

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Virtual Tour

Building Information for 1015 Locust Street Northeast

Stories-Residences3Year Built1936Building Size-Lot Size0.15 AC / 6,625 SF

Payment Calculator

$6,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$1,300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1015 Locust Street Northeast

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3519.0
  • Building Area Units: Square Feet
  • Directions: Head north on Beach Dr NE toward 3rd Ave NE, Turn left onto 9th Ave NE, Turn right onto Locust St NE, Destination will be on the right, 1015 Locust St NE, St. Petersburg, FL 33701
  • Elementary School: North Shore Elementary-PN
  • Middle Or Junior School: John Hopkins Middle-PN
  • High School: St. Petersburg High-PN
  • Mls Major Change Type: Pending
  • Major Change Type: Pending
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1015
  • Street Name: LOCUST
  • Street Suffix: STREET
  • Street Direction Suffix: NE
  • State: FL
  • City: ST PETERSBURG
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Block: 00
  • Tax Book Number: 1-20
  • Tax Legal Description: PRESSTMAN'S, GEO SUB S 60FT OF W 110FT OF LOT 1
  • Tax Lot: 1
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Historic District, In City Limits, In County, Landscaped, Level/Flat, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Street Paved
  • Lot Size Dimensions: 60x110
  • Parcel Number: 17-31-17-73098-000-0011
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Living Area: 2279
  • Property Info: Elevated, Walk-Up
  • Lot Dimensions: 60x110
Property and Assessments
  • Year Built Numeric: 1936
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Attached: No
  • Property Condition: Completed
  • Property Description: Elevated, Walk-Up
  • Public Survey Range: 17
  • Public Survey Section: 17
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Num Electric Meters: 3.0
  • Num Water Meters: 1.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Exterior Features: Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
  • Foundation Details: Stem Wall
  • Levels: Two
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Additional Rooms: Loft
  • Appliances: Built-In Oven, Dishwasher, Microwave, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Tile, Wood
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s)
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $83,280.00
  • Gross Income: $83,280
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: 1015 (UNIT 1) Upstairs
  • Unit Type Garage Attached 1: No
  • Unit Type Heated Sq Ft 1: 1080
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 2995
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Description 2: 1015.5 (UNIT 2) Upstairs
  • Unit Type Garage Attached 2: Yes
  • Unit Type Heated Sq Ft 2: 565
  • Unit Type Number Of Units Occupied 2: 2
  • Unit Type Pro Forma 2: 1795
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: 1013 (UNIT 3) Downstairs
  • Unit Type Garage Attached 3: No
  • Unit Type Heated Sq Ft 3: 634
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 2150
  • Unit Type Type 3: 1 Bed/1 Bath
  • Unit Type Units Total 3: 1
Rental
Rental Information
  • Total Actual Rent: $6,940
  • Minimum Lease Period: 0

Property History for 1015 Locust Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 Locust Street Northeast

Taxable ValueLand-Additions-Total-
Tax Record2023$15,598 ($1,300 / month)
Home Facts
Baths3Total Finished SqFt1,645 SqFtAbove Grade Finished SqFt1,645 SqFtStories2Lot Size6,625 SqFtStyleDuplexYear Built1936Year Renovated1978CountyPINELLASAPN17-31-17-73098-000-0011

Schools near 1015 Locust Street Northeast

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
North Shore Elementary School
PublicK to 5

John Hopkins Middle School
Public6 to 8

St. Petersburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/04/2024 08:01 PM