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726 75th Avenue North

St. Petersburg FL 33702

3
2
1277 sq. ft.
7623 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Strong income-producing opportunity in St. Petersburg. This tenant-occupied 3-bedroom, 2-bathroom single-family home encompasses approximately 1,250 square feet and currently generates $2,710 per month in rental income, the highest monthly rent among the seven single-family assets in the portfolio. An established tenant provides immediate income for an incoming investor. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.

Features

3 bedrooms
2 bathrooms
1277 sq. ft. floor area
7623 sq. ft. lot size
Single-Family

Happy sellers in St. Petersburg

73%
73% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in St. Petersburg over the last 12 months.

Local market activity for 3 bedroom single-family properties in St. Petersburg

In the last 12 months, 180 three-bedroom single-family properties similar to 726 75th Avenue North, have been sold.

This represents a 8% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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