TURNKEY INVESTMENT PROPERTY - EXCEPTIONAL SINGLE-FAMILY RENTAL. This well-maintained 3-bedroom, 1-bathroom home offers immediate cash flow with an established, reliable tenant in place. Perfect for investors seeking a hassle-free addition to their portfolio. PROPERTY HIGHLIGHTS: Monthly Rental Income: $2,127 (Annual: $25,524). Stable Tenancy: Section 8 voucher recipient with annual lease… Read More agreement. Move-in Ready: Tenant occupied and cash-flowing from day one. RECENT MAJOR UPDATES: Newer Roof - Long-term protection and peace of mind. Updated HVAC System. Newer Water Heater. Complete Cosmetic Renovations - Fresh updates inside and out. INVESTMENT ADVANTAGES: Guaranteed Income through Section 8 program. Low Maintenance with recent major system updates. Established Rental History with quality tenant. Strong Rental Market in desirable St. Petersburg area. LOCATION BENEFITS: Situated in the sought-after 33705 area of St. Petersburg, this property benefits from the city's continued growth and urban revitalization. The area has shown consistent property value appreciation with the local rental market remaining strong, supported by St. Petersburg's expanding job market and cultural attractions. FINANCIAL PERFORMANCE: Gross Annual Income: $25,524. Immediate Cash Flow from established tenancy. Section 8 Program provides rental payment security. Recent Updates minimize future capital expenditures. IDEAL FOR: Buy-and-Hold Investors seeking stable returns. First-Time Rental Property buyers (turnkey ready). Portfolio Diversification with single-family residential. 1031 Exchange opportunities. Out-of-State Investors wanting hands-off management. This property represents a rare opportunity to acquire a fully-updated, income-producing single-family home with immediate positive cash flow. The combination of recent major improvements, established Section 8 tenancy, and prime St. Petersburg location creates an exceptional investment opportunity.
Key Investment Metrics: Stable monthly income of $2,127. Recent capital improvements completed. Reliable tenant with government-backed rental assistance. Growing market with strong fundamentals. Don't miss this turnkey investment opportunity - Quality cash-flowing properties with established tenants are increasingly rare in today's competitive market! Read Less
Courtesy of INSTA REAL ESTATE SOLUTIONS 813-586-0654
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
920
Lot Size
0.14 Acres
Year Built
1948
MLS Number
TB8432566
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Paved
Appliances & Equipment
Range, Refrigerator
Building
Built in 1948, Living area: 920, Living area units: Square Feet, Building faces East, Levels: One, Construction Materials: Vinyl Siding, Frame
Cooling
Central Air
Exterior Features
Patio/Porch Features: Front Porch, Rear Porch, Sidewalk
Floors
Tile
Foundation
Concrete Perimeter
Garage
1 space
Heating
Central, Electric
Interior Features
Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Laundry
Electric Dryer Hookup, Washer Hookup
Lot
0.14 acres, City Limits, Level, Near Public Transit, Sidewalk, Paved, Mature Landscaping
Property
Completed
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 25-31-16-15804-000-0150, Public Survey Range: 16, Public Survey Section: 25, Annual Amount: $2,767, Tax Book Number: 22-22, Legal Description: CLAYO SUB LOT 15, Lot: 15, Year: 2024
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.