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966 22nd Avenue S, Saint Petersburg, FL 33705
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  • MLS#: TB8334819 ( Residential Income )
  • Street Address: 966 22nd Avenue S
  • Viewed: 1
  • Price: $3,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 0
  • Bedrooms: 40
  • Total Baths: 40
  • Days On Market: 3
  • Acreage: 1.37 acres
  • Additional Information
  • Geolocation: 27.748 / -82.6483
  • County: PINELLAS
  • City: Saint Petersburg
  • Zipcode: 33705
  • Subdivision: Lakeview Manor
  • Provided by: VINTAGE REAL ESTATE SERVICES
  • Contact: John Hatcherian
  • 813-684-0001
  • mfrmls
  • DMCA Notice
  • Description
    Investment Opportunity: 20 Unit Apartment Complex with Strong Cash Flow Potential Lakeview Apartments In St. Petersburg this 20 unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2 bedroom, 2 bath units, all tile flooring ensures low maintenance and durability for years to come. Key Investment Highlights: 20 Units: 2 bedroom, 2 bathroom, all tile units designed for easy upkeep and long term appeal. Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management. Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above average rental income potential. Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time. Flood Zone X: Located in a low risk flood zone for added peace of mind. Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants. Call for details.
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  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Private Mailbox, Sidewalk
  • Flooring: Ceramic Tile
  • Living Area: 17600.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
Other Features
  • Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Window Treatments
  • Legal Description: LAKEVIEW MANOR UNNUMBERED LOT
  • Levels: One
  • Area Major: 33705 - St Pete
  • Occupant Type: Tenant
  • Parcel Number: 36-31-16-49014-000-0450
  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com