$299,900

1120 11th Avenue S Saint Petersburg, FL 33705 Multi Unit - Multiple Active

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Description

WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities.Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg.The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio.Built in 2005, this 3-bedroom, 2-bath single-family home offers approximately 1,237 square feet of living space on a roughly 7,000-square-foot lot. Features include block construction, tile flooring throughout, arched doorways, a great-room layout, eat-in kitchen and inside laundry, plus a new HVAC system installed in 2025. Its central South St. Petersburg location provides convenient access to downtown, I-275, parks, schools, and the city's waterfront, dining, cultural and entertainment districtsPlease do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 - 791 35th Ave S; TB8534657 - 2621 6th St S; TB8535980 - 1120 11th Ave S; TB8535101 - 1430 14th Ave S; TB8534682 - 1440 Prescott St S; TB8535169 - 1944 12th Ave S; TB8535157 - 4419 18th Ave S.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $3,581
Year Built: 2005

General Information

Bedrooms: 3
Sqft: 1,237
County: Pinellas
Subdivision: KRAMER & WALKERS
Listed By:
Pam Moll COLDWELL BANKER REALTY 727-360-6927

Amenities

Living Room/Dining Room Combo
Open Floorplan
Fence

Property Features

Annual Net Income: 20050.00
Community Features: Street Lights
Days on Site: 2
Directions: I-275 S to 5th Ave S in St. Petersburg. Take the exit toward M L King Jr St S/8th St S from I-175 E , Take 9th St S/Dr. M.L.K. Jr St S to 11th Ave S
Exterior: Stucco
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.16
Ownership: Fee Simple
Patio/Porch: Front Porch, Patio
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
$299,900
3beds
1,237sqft
New to the Market Active
BEDS3 BATHS SQUARE FEET1,237 MLS#TB8536774
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKRAMER & WALKERS

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1120 11th Avenue S, Saint Petersburg, FL 33705.

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Estimated Payment

$ 1,397.40 per month $1,011.51 Principal & Interest $298.42 Property Tax $87.47 Homeowner's Insurance

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