1800 New Hampshire Ave NE

St Petersburg, FL 33703
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3 bd, 2 ba | 1,490 sqft | Built in 1972

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List Price
$299,999

Initial Investment

$81,750

Purchase Price

$299,999

Down Payment

25%

Rent

$2,890

Total Return

$212,835

Annualized Return

31.1%

Cap Rate

7.4%

Gross Yield

11.6%

Cash Flow

$4,529

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,236

HOA

None

Flood Risk

High Risk - Zone AE

Exceptional opportunity to own a spacious corner lot in the hightly desireable Shore Acres neighborhood of Saint Petersburg. This property is being sold as-is for land value due to previous flooding, making it an ideal prospect for investors or families looking to build a custom home. Located just minutes from vibrant downtown, St Pete, you;ll have easy access to top-rated restuarants, shopping, and entertainment. The property is also close to waterfront parks, marinas, and some of the areas best schools, offering the perfect blend of convenience and tranquility.
Whether you're an investor seeking a prime location for redevelopment or a family ready to design your dream home, this lot offers endless possbilities. Don't miss this change to create something special in one of St. Pete's most sought-after neighborhoods!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$32,946

Expenses

-$6,708

Property Taxes

-$5,400

Loan Payments

-$16,310

Net Cash Flow

$4,529

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Craig Williams
Agent License 40162
HOFACKER & ASSOCIATES INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8362940
Last Updated: 03/17/2025 19:03
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