1844 12th Avenue South

St. Petersburg, FL 33712

$329,000
Price
4
Beds
1,281 Sq. Ft.
$257 / Sq. Ft.
1,281
Sq. Ft.
$257
per Sq. Ft.

Description

HIGH CAP RATE of 11%(+)! This property presents a fantastic INCOME GENERATING opportunity. Featuring a Single Family Home that consists of 2-bedroom, 1-bathroom ($1850 per month) and a Detached Unit that consists of 2-bedroom, 1-bathroom ($1600 per month). Transferable 4-Point Inspection reports are available to the Buyer. This property is generating SOLID INVESTMENT returns, with reliable Housing Authority tenants already in place! Both units have undergone updates to ensure tenant comfort and satisfaction....HIGH CAP RATE of 11%(+)! This property presents a fantastic INCOME GENERATING opportunity. Featuring a Single Family Home that consists of 2-bedroom, 1-bathroom ($1850 per month) and a Detached Unit that consists of 2-bedroom, 1-bathroom ($1600 per month). Transferable 4-Point Inspection reports are available to the Buyer. This property is generating SOLID INVESTMENT returns, with reliable Housing Authority tenants already in place! Both units have undergone updates to ensure tenant comfort and satisfaction. Separate water & electric meters! Step into this CASH FLOWING investment opportunity! Whether you're an experienced Investor or just starting out, this property offers a solid foundation for long-term INCOME GROWTH!
  1. Listed by Charles Rountree, P.A. • INSTA REAL ESTATE SOLUTIONS

Property Details for 1844 12th Avenue South

Subdivision Name
DALYS SUB REV
Township
31
Waterfront
No
Furnished
Unfurnished

Location

Listing Courtesy of INSTA REAL ESTATE SOLUTIONS, Charles Rountree, P.A.
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LISTING UPDATED: 04/23/2024 08:35 PM

Property Details for 1844 12th Avenue South

StatusActive
MLS #T3502501
Days on Market65
Taxes$2,567 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1953
Lot Size0.11 AC / 4,800 SF
CountyPinellas County

Location

Listing Courtesy of INSTA REAL ESTATE SOLUTIONS, Charles Rountree, P.A.
Add your commute

Building Information for 1844 12th Avenue South

Stories-Residences2Year Built1953Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$2,009 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,795

Property Taxes

$214

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1844 12th Avenue South

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1420.0
  • Building Area Units: Square Feet
  • Directions: 1844 12TH AVE S
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1844
  • Street Name: 12TH
  • Street Suffix: AVENUE
  • Street Direction Suffix: S
  • State: FL
  • City: SAINT PETERSBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 3
  • Tax Book Number: 0
  • Tax Legal Description: DALY'S SUB REVISED BLK 3, LOT 2
  • Tax Lot: 2
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 40x120
  • Parcel Number: 25-31-16-20232-003-0020
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: MULTI-FAM <10 UNITS
  • Living Area: 1281
  • Lot Dimensions: 40x120
Property and Assessments
  • Year Built Numeric: 1953
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 0
  • Public Survey Section: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
  • Num Electric Meters: 2.0
  • Num Water Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco, Wood Frame
  • Exterior Features: Sidewalk
  • Foundation Details: Concrete Perimeter, Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Appliances: Range, Refrigerator
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Tile
  • Heating: Central, Electric, Wall Units / Window Unit
  • Interior Features: Solid Surface Counters, Solid Wood Cabinets, Thermostat
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $41,400.00
  • Gross Income: $41,400
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 775
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1850
  • Unit Type Type 1: 2 Bedroom
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 506
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1600
  • Unit Type Type 2: 2 Bedroom
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $3,450

Property History for 1844 12th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1844 12th Avenue South

Taxable ValueLand-Additions-Total-
Tax Record2023$2,594 ($216 / month)
Home Facts
Beds0Baths2Total Finished SqFt775 SqFtAbove Grade Finished SqFt775 SqFtStories1Lot Size4,848 SqFtStyleSingle Family ResidenceYear Built1953Year Renovated1993CountyPINELLASAPN25-31-16-20232-003-0020

Schools near 1844 12th Avenue South

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Melrose Elementary School
PublicPK to 5

John Hopkins Middle School
Public6 to 8

Gibbs High School
Public9 to 12

Perkins Elementary School
PublicPK to 5

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.

Similar Homes

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1844 12th Avenue South is a multi-family home for sale in St. Petersburg, FL 33712. This property was listed for sale on February 5, 2024 by INSTA REAL ESTATE SOLUTIONS, it's currently listed at $329,000. It has been on the market for a total of 65 days and was last sold on April 12, 2023. This listing's school district is Pinellas. Nearby schools include Melrose Elementary School, John Hopkins Middle School and Gibbs High School. 1844 12th Avenue South is a 4-bed, 0-bath, 1,281 sqft multi-family home built in 1953.

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.

Listing Courtesy of INSTA REAL ESTATE SOLUTIONS, Charles Rountree, P.A.

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: 04/23/2024 08:35 PM