Seller Financing
Address
Not Disclosed St Petersburg, FL
Price
$ 6,649,350
Property Attributes
  • MLS#U7842216
  • TypeIncome
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • NeighborhoodITOPIA PRIVATE RESIDENCES CONDO
  • Zip33702
  • StyleMulti-Family
  • Year Built1989
  • Taxes$ 1444
  • Price$ 6,649,350
  • Bedrooms55
  • Full Bathrooms54
  • Half Bathrooms0
  • Sqr Footage753
Listing Provided Courtesy Of:
BRODERICK & ASSOCIATES INC
Data Source:
Stellar MLS
Property Description

This 43-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 43 units are 18 units in Itopia and 12 units in Vantage Point. There are also 2 units in Windjammer, two units in Enclave, two units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 6.8 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

Price History
6/20/2021 Listed $6,649,350

General Features

Additional Parcels Y/N No
Association Y/N No
Building Area Units Square Feet
Carport Y/N No
City ST PETERSBURG
Community Features Gated, Pool, Sidewalks
Construction Materials Block
Cooling Central Air
County Pinellas
Days on Market 1121
Exterior Features Balcony
Garage Y/N No
Grossincome 523260
Heating Central
Home Warranty Y/N No
MLS Area 33702 - St Pete
New Construction No
Ownership Fee Simple
Patio/Porch Features Covered, Deck, Patio, Porch
Private Pool No
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Security Features Gated Community
Senior Community Y/N No
Standard Status Active
Status Active
Subdivision Name ITOPIA PRIVATE RESIDENCES CONDO
Tax Annual Amount 1444.06
Tax Year 2020
Terms Cash, Conventional, Private Financing Available
Total Actual Rent 43605
Total Number of Buildings 45
Total Units 45
Township 30
Unit Count 4
Utilities Cable Available, Sprinkler Well
Virtual Tour https://www.propertypanorama.com/instaview/mfr/U7842216
Water Access YN No
Year Built 1989

Interior Features

Flood Zone Code Zone AE
Living Area 753
Living Area Units Square Feet
Livingareasource Public Records

Exterior Features

Lot Dimensions 00
Parking Features None, On Street
Vegetation Trees/Landscaped
Water Extras YN No
Water View YN No
Waterfront Y/N No

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 Income Average in 33702

Price
AVG $3.95M
$6.65M
Taxes
AVG $5,314
$1,444
Visits
AVG 1167
2297
Year Built
AVG 1981
1989

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.