Seller Financing
Address
4761 1st AVENUE N, ST PETERSBURG, FL
Price
$ 1,150,000
Property Attributes
- MLS#W7861395
- TypeSingle Family
- CountyPINELLAS
- CityST PETERSBURG
- AreaSt Pete
- NeighborhoodCentral Park Rev
- Zip33713
- StyleSingle Family Residence
- Year Built1925
- Taxes$ 8539
- Price$ 1,150,000
- Bedrooms8
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2515
- Lot Size6,534 SqFt
Data Source:
Stellar MLS
Property Description
DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CONFIDENTIALITY AGREEMENT REQUIRED FOR ADDITIONAL INFORMATION *This is an income producing property* Well-established single-family home with an ADU in St Petersburg with a projected $94,745 of Net Operating Income on existing leases in the NTM. Many leases are below market w/ significant rent growth available upon turnover. The property had a full gut renovations in 2021 with new roofs, electricity, plumbing, hvac, kitchens, baths, drywall, cabinets, lighting, pavers and flooring. This property has higher end finishes and have been built to last. This property is located in an area with significant new development activity, and is zoned in the new zoning district NTM-1. This property is best suited for a passive, cash flow oriented investor(s) seeking a stable long term investment in a fast-growing market of St Petersburg, Florida. Property management in place and willing to manage post transaction for 10% of collected rent. Potential buyers must prove financial ability to close and be familiar with valuing property based on cash flow. Seller will give preference to offers with lower loan to value ratios. Seller may consider seller financing with the right legal structure and a minimum of $350k of cash equity and no other liens. Seller is local, believes in the upside potential of this portfolio, is willing to stay involved, and is selling to facilitate retirement.
| Elementary School | Middle School | High School |
|---|---|---|
| Northwest Elementary-PN | Azalea Middle-PN | Boca Ciega High-PN |
| Price History | |
|---|---|
| 1/27/2024 | Listed $1,150,000 |
General Features
| Interior Features | Living Room/Dining Room Combo,Thermostat |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric,Natural Gas,Wall Units / Window Unit |
| Cooling | Central Air,Mini-Split Unit(s) |
| Utilities | BB/HS Internet Available,Electricity Available,Electricity Connected,Public,Sewer Available,Sewer Connected,Solar,Street Lights,Underground Utilities,Water Available,Water Connected |
| Roof | Shingle |
| Appliances | Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener |
| Exterior Features | Courtyard,Lighting,Outdoor Shower |
| Zoning | NTM-1 |
| Construction Materials | Wood Frame |
| Year Built | 1925 |
| Levels | Two |
| Property SubType | Single Family Residence |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| County | Pinellas |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | CENTRAL PARK REV |
| Facing Direction | South |
| Garage Y/N | No |
| Total Rooms | 3 |
| Status | Active |
| Directions | head south on US-19,make right on 1st Ave N,and then house will be on right side of the street between 47th St and 48th St |
| High School | Boca Ciega High-PN |
| City | ST PETERSBURG |
| Buyer Agent Compensation | 2.5% |
| Senior Community Y/N | No |
| MLS Area | 33713 - St Pete |
| Lot Size Square Feet | 6351 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 1st |
| Listing Terms | Cash,Conventional,Owner May Carry |
| Elementary School | Northwest Elementary-PN |
| Tax Annual Amount | 8539 |
| Middle/Junior High School | Azalea Middle-PN |
| Public Remarks | DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CONFIDENTIALITY AGREEMENT REQUIRED FOR ADDITIONAL INFORMATION *This is an income producing property* Well-established single-family home with an ADU in |
| Lease Considered Y/N | Yes |
| Days on Market | 1 |
| Standard Status | Active |
| Tax Lot | 11 |
| Legal Description | CENTRAL PARK REV BLK 5,LOT 11 |
| Minimum Lease | 1 Month |
| Additional Rooms | Den/Library/Office |
Interior Features
| Flooring | Hardwood |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Blinds |
| Fireplace Y/N | Yes |
| Full Baths | 5 |
| Street Suffix | AVENUE |
| Laundry Features | Gas Dryer Hookup,Laundry Room,Washer Hookup |
| Total Bedrooms | 8 |
| LivingAreaSource | Public Records |
| Total Baths | 5 |
| Living Area Units | Square Feet |
Exterior Features
| Fencing | Fenced,Wood |
|---|---|
| Parking Features | Driveway,Parking Pad |
| Water Source | Public |
| Lot Size Area | 6351 |
| Foundation Details | Crawlspace |
| Building Area Total | 3544 |
| Lot Size Acres | 0.15 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33713
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 29, 2024 8:12 AM UTC
