$249,000
Pending · 23 days on market · MLS# MFRTB8438428
| Bedrooms | 3 |
|---|---|
| Bathrooms | 1 |
| Living area | 958 sq ft |
| Lot size | 0.18 acres |
| Year built | 1946 |
| Property type | Single Family Residence |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $2,324 |
| County | Pinellas |
Under contract-accepting backup offers. Turnkey Investment Opportunity in St. Petersburg: Well-maintained 3-bedroom, 1-bathroom single-family home in the desirable 33712 area, offering immediate cash flow with a reliable Section 8 tenant. Generates $2,595 monthly ($31,140 annually) with a stable, annual lease. Move-in ready, tenant-occupied, and cash-flowing from day one. Features newer roof, updated HVAC, updated water heater, and complete cosmetic renovations for low maintenance. Benefits include guaranteed Section 8 income, established rental history, and a prime location in St. Petersburg’s strong rental market with consistent property value appreciation, driven by a growing job market and cultural attractions. Ideal for buy-and-hold investors, first-time rental buyers, portfolio diversification, 1031 exchanges, or out-of-state investors seeking hands-off management. Don’t miss this rare, fully updated, income-producing home in a competitive market!
Listing courtesy of Charles Rountree, P.A., INSTA REAL ESTATE SOLUTIONS. Presented by MC Homes Realty Inc · 727432218.