UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $351
Subdivision La Plaza
MLS Listing ID TB8424506
Bedrooms 8
HOA Y/N No
Year Built 1927
Annual Tax Amount $8,587
Lot Size 4,791 Sqft
Acres 0.11
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: $1,750/month
Unit 4: $1,562/month
Current rental income totals $6,612/month ($79,344 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 Open Floorplan
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Electric Dryer Hookup, In Kitchen, Laundry Room, Washer Hookup
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8424506
