About 966 22nd Avenue S
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.
Residential Income home for sale in ST PETERSBURG, FL at 966 22nd Avenue S. This 40 bedroom Residential Income home is priced at $199/sqft
Features of 966 22nd Avenue S
MLS® # | TB8334819 |
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Price | $3,500,000 |
Bedrooms | 40 |
Bathrooms | 40.00 |
Square Footage | 17,600 |
Acres | 1.37 |
Year Built | 2008 |
Type | Residential Income |
Sub-Type | Multi-Family |
Status | Active |
Community Information: St Petersburg
Address | 966 22nd Avenue S |
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Area | St Pete |
Subdivision | LAKEVIEW MANOR |
City | ST PETERSBURG |
County | Pinellas |
State | FL |
Zip Code | 33705 |
Amenities of 966 22nd Avenue S
Is Waterfront | No |
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Has Pool | No |
Senior Community | No |
Interior of 966 22nd Avenue S
Interior Features | Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Window Treatments |
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Appliances | Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator |
Heating | Central |
Cooling | Central Air |
Fireplace | No |
Furnished | Unfurnished |
Exterior of 966 22nd Avenue S
Exterior Features | Fence, Private Mailbox, Sidewalk |
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Roof | Shingle |
Foundation | Slab |
Additional Information On 966 22nd Avenue S
Date Listed | January 4th, 2025 |
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Days on Market | 38 |
Flood Zone Code | X |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | VINTAGE REAL ESTATE SERVICES |
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Map To 966 22nd Avenue S, ST PETERSBURG
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