1002 18th Avenue

Saint Petersburg, FL 33705

  • 4 Bed(s)
  • 3 Bath(s)
  • 2,342 Sqft
  • 0.15
    Acre(Lot)
$549,000

Description

This prime investment rental property presents a fantastic opportunity for savvy investors and developers. with its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.the property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. the spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.the property's location in a thriving neighborhood further enhances its investment potential. the area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. this creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.with its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. it offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.the property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of st. petersburg.there has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.the rental house stands out in excellent condition, meticulously maintained by its owners. it features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.the property's desirability as a rental is evident from its consistently high demand. it rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.

  • Property Type

    Residential

  • Subdivision

    Cromwell Heights

  • County

    Pinellas

  • Style

    Residential

  • AD ID

    45320743

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Property Details

  • Bedroom Information

    • Total Bedroom: 4

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Interior Features

    • Ceiling Fans(s), Window Treatments
    • Roof: Shingle
    • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
    • Laundry Features: Electric Dryer Hookup, None, Washer Hookup

    Roofing Information

    • Shingle

    Flooring Information

    • Flooring: Carpet, Tile
    • Construction Materials: Frame, Wood Siding

    Heating & Cooling

    • Heating: Central, Electric
    • Cooling: Central Air
    • WaterSource: Public

  • Building Information

    • Year Built: 1920

    Exterior Features

    • Lighting, Sidewalk
    • Construction Materials: Frame, Wood Siding
    • Foundation Details: Crawlspace

  • Lot Information

    • Lot Square Feet: 6351
    • Lot Acres: 0.15

    Property Information

    • Property Type: Residential
    • Sub Type: Single Family Residence

  • Listing Price Information

    • Original List Price: $750000

  • Tax Information

    • Annual Tax: $4393
    • Tax Year: 2023
    • Parcel Number: 31-16-25-19350-002-0010

  • Utility Information

    • Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Water Available, Water Connected

    Location Information

    • Subdivision: CROMWELL HEIGHTS
    • City: ST PETERSBURG
    • Direction: MLK to 18th Ave to Property
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BuyOwner last updated this listing Wed Apr 16 2025

  • MLS: MFRU8231688
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 4 bedrooms which is for sale, it has 2,342 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.