525 Monterey Boulevard NE

    St Petersburg, FL 33704
    • $715,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: T3198877
    $715,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,886
      SQFT
    • $248
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Multifamily 5 unit income property in beautiful Snell Isle neighborhood! This building is surrounded by a gorgeous walkable neighborhood, and the Vinoy Golf Club, Donald Ross-designed 18-hole golf course, is a half mile away! Snell Isle has many single-family homes selling in the $1 million-$4.5 million range. The surrounding charming palm tree-lined streets are laid with brick or cobblestones. There is not many income properties in this neighborhood that come on the market so get it before it is gone! This building is only 2 miles from all the bustle of Downtown St Petersburg and 10.8 miles from St Petersburg Beach. This property has many buyer options! (1.) Owner/Operator who manages the 5 unit building (2.) Conversion to Single Family Residential, Zoned RS-1 (3.)Remodeled, or (4.)Torn down and Replaced (max 5 units after city of St Pete approval of the Redevelopment Plan). Each of the Four 1 bedroom 1 bath units have a walk in closet, separate storage closets, and a Florida Room OR Screened Patio. Three units have a back patio ENTERTAINING area as well. The back patio is PERFECT for outdoor friend get-togethers or dinner parties complete with added Cozy String Lights! The fifth second floor 1 bedroom unit does not have a patio. There is also shared income-producing coin laundry room on site. There are 2 carport spaces and 5 more off street parking spots. Future Market rents estimated at $1075-1175 per month with water/trash/sewer included. Buyer to verify all information in this listing.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-14T23:39:29.39.
    www.theduncanduo.com/homes/99010596

    525 Monterey Boulevard NE St Petersburg, FL 33704

    • Price: $715,000
    • Status: Active
    • MLS #: T3198877
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,886
    SQFT
    $248
    $/SQFT
    1958
    Built
    Neighborhood:
    Porachs Add 3
    County:
    Pinellas
    Area:
    St Pete/Euclid
    Elementary School:
    North Shore Elementary-PN
    Middle School:
    John Hopkins Middle-Pn
    High School:
    St. Petersburg High-Pn
    Property Description
    Multifamily 5 unit income property in beautiful Snell Isle neighborhood! This building is surrounded by a gorgeous walkable neighborhood, and the Vinoy Golf Club, Donald Ross-designed 18-hole golf course, is a half mile away! Snell Isle has many single-family homes selling in the $1 million-$4.5 million range. The surrounding charming palm tree-lined streets are laid with brick or cobblestones. There is not many income properties in this neighborhood that come on the market so get it before it is gone! This building is only 2 miles from all the bustle of Downtown St Petersburg and 10.8 miles from St Petersburg Beach. This property has many buyer options! (1.) Owner/Operator who manages the 5 unit building (2.) Conversion to Single Family Residential, Zoned RS-1 (3.)Remodeled, or (4.)Torn down and Replaced (max 5 units after city of St Pete approval of the Redevelopment Plan). Each of the Four 1 bedroom 1 bath units have a walk in closet, separate storage closets, and a Florida Room OR Screened Patio. Three units have a back patio ENTERTAINING area as well. The back patio is PERFECT for outdoor friend get-togethers or dinner parties complete with added Cozy String Lights! The fifth second floor 1 bedroom unit does not have a patio. There is also shared income-producing coin laundry room on site. There are 2 carport spaces and 5 more off street parking spots. Future Market rents estimated at $1075-1175 per month with water/trash/sewer included. Buyer to verify all information in this listing.
    Exterior Features

    Attached Garage Yn No Carport Spaces 2 Carport Yn Yes Construction Materials BlockOtherStucco Exterior Features Rain GuttersSidewalkStorage Foundation Details Slab Lot Features FloodzoneIn City Limits Lot Size Dimensions 78 By 121 Parking Features AssignedCoveredDrivewayOff StreetOn StreetParking Pad Patio And Porch Features CoveredEnclosedFront PorchPatioRear PorchScreened Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Accessibility Features Accessible Entrance Additional Rooms Florida RoomInside UtilityStorage Rooms Appliances DryerElectric Water HeaterRangeRefrigeratorWasher Cooling Wall/Window Unit(S) Fireplace Yn No Flooring CarpetCeramic TileTileVinylWood Furnished Unfurnished Heating Radiant Ceiling Interior Features Eating Space In KitchenHigh Ceiling(S)ThermostatWalk-In Closet(S)Window Treatments Laundry Features Laundry RoomOutside Levels Two Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Expenses 22188 Annual Net Income 36205.00 Association Yn No Cdd Yn No Disclosures Lead PaintSeller Property Disclosure DPR No Est Annual Market Income 38715.00 Flood Zone Code Ae Garage Yn No Homestead Yn No Lease Term 12 Months Listing Terms CashTradeOther New Construction Yn No Property Sub Type Multi-Family Realtor Info Docs AvailableNo SignOwner Will Consider ExchangeSold As-IsSubject To ZoningTenant OccupiedZoning - Grandfathered In Senior Community Yn No Special Listing Conditions None Tax Annual Amount 9989.09 Tax Year 2018 Total Actual Rent 4820 Total Num Buildings 1 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity ConnectedPhone AvailablePublicSewer Connected Zoning Ns-1


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Future Home Realty Inc.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-14T23:39:29.39.
     
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