540 14th Street N, St Petersburg, FL 33705
- $3,100,000
- 23
- BD
- 26
- BA
- 70,480
- SqFt
- List Price
- $3,100,000
- Status
- Active
- Days on Market
- 264
- Price Change
- ▼ $1,400,000 1785860186
- MLS#
- TB8429450
- Property Style
- Multi-Family 5+
- Year Built
- 1977
- Bedrooms
- 23
- Bathrooms
- 26
- Living Area
- 70,480
- Lot Size
- 70,480
- Acres
- 1.62
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- Bon Air
- MLS Area Major
- St Pete
Property Description
Value add portfolio of 18 Units in Downtown St Petersburg including 6 houes, 1 quads, 4 duplexes. 100% occupied with high rents with annual gross of $323,604.Also included in the sale would the lots located between units 610 14th Street and 544 14th St N where you can build additional units. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses. Currently going through zoning change to allow more density.
Additional Information
- Annual Gross Income
- 323604
- Community Features
- No Deed Restriction
- Zoning
- CRT-1, NSM1
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Utilities
- BB/HS Internet Available, Private, Public
- Heating
- Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Frame
- Exterior Features
- Sidewalk
- Roof
- Shingle
- Foundation
- Block, Crawlspace
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 13-31-16-10062-000-0680
- Legal Description
- BON AIR LOTS 68 THRU 72
Listing courtesy of ELITE TAMPA BAY REALTY LLC. 844-354-8373
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