1733 Grove St S - Residential Income FOR SALE
Saint Petersburg, FL 33701 |
1733 Grove St S
Saint Petersburg, FL 33701
HIGHLIGHTS
- 62-Units - 52 Buildings - Rental Portfolio Located in Close Proximity to Downtown St. Petersburg
- Well Located in High Growth St. Petersburg Market Boasting $425,000 Median Single Family Home Sale Price, a 9.1% YoY Increase (Redfin Aug 2023)
- Highly Desirable Low Density Living in True Residential Neighborhood Environment
- Excellent Value-Add Potential with $1.72/Sq Ft Average In-Place Lease Rent Allowing for Significant Upside in Rental Revenue
- Attractive Seller Financing Available with 6% Interest Rate for First Two Years and Full Term Interest-Only Payments
- Opportunity to Keep Existing Property Management Team In Place for Turn-Key Takeover
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
St Petersburg SF Rental & Duplex Portfolio
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Residential Income
ADD'L SUBTYPES
Apartments
TOTAL BUILDING SIZE
951
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1945
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.12 AC AC
LAND SF
5,053 SF
ZONING
-
APN/PARCEL ID
30-31-17-85119-003-0060
