8 Beds
4 Baths
2,128 SqFt
8 Beds
4 Baths
2,128 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $326
Subdivision La Plaza
MLS Listing ID TB8524207
Bedrooms 8
HOA Y/N No
Year Built 1927
Annual Tax Amount $8,764
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x101
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Each unit offers in-unit laundry connections, modern kitchens with shaker-style cabinets, quartz countertops, and stainless steel appliances. The bathrooms have been fully remodeled with tiled showers, new vanities, and sleek modern fixtures. Interior upgrades also include new waterproof luxury vinyl plank flooring, all new trim, and baseboards for a clean, updated finish.
The quadplex layout consists of four 2 bedroom / 1 bathroom units with the following rental amounts:
Unit 1: $1,650/month
Unit 2: $1,650/month
Unit 3: $1,895/month
Unit 4: $1,562/month
Current rental income totals $6,757/month ($81,084 annually). Based on the current HUD Fair Market Rent of $2,130/month for 2-bedroom unit in this ZIP code, the property has the potential to generate $8,520/month ($102,240 annually), representing an upside of $1,908/month ($22,896 annually).
Located in a prime corridor within the City of St. Petersburg, this property benefits from strong tenant demand, steady appreciation, and proximity to dining, entertainment, and major employment centers.
Perfect for investors seeking cash flow and long-term appreciation or an owner-occupant looking to offset housing costs. No hurricane damage from both storms (Milton & Helene). Motivated seller — don't miss out on this fully updated opportunity.
Location
State FL
County Pinellas
Community La Plaza
Area 33712 - St Pete
Direction S
Interior
Interior Features Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Laundry Closet
Exterior
Exterior Feature Private Entrance, Sidewalk
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8524207
Schools and Properties Nearby
MY BLOGS
Learn More About LPT Realty