4690 15th Ave S

Saint Petersburg, FL 33711
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3 bd, 1 ba | 1,032 sqft | Built in 1940

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$2,010

Total Return

$113,940

Annualized Return

25.6%

Cap Rate

7.1%

Gross Yield

11.2%

Cash Flow

$2,738

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,813

HOA

None

Flood Risk

Not Required

LOCATION LOCATION LOCATION! Sitting Just outside of GULFPORT. Great investment Opportunity! Only a few Minutes from Downtown Gulfport and Gulfport Beach! This 3/1 is Updated and Already Rented out. Start Collecting Rent right away. Rented out at $1700 a Month! Lease ends on 09/31/25. Located in a Non-Flood Zone and No Hurricane damage. Close to Downtown St.Pete and Only 10 mins away from the St Pete Beach and Treasure Island. Near Shopping and Dining and Only 25mins from Tampa International Airport.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$22,914

Expenses

-$4,587

Property Taxes

-$3,900

Loan Payments

-$11,689

Net Cash Flow

$2,738

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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:Ricardo Orozco
Agent License 3563231
CHARLES RUTENBERG REALTY INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8323462
Last Updated: 11/22/2024 19:11
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