About 1002 18th Avenue S
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.
Residential home for sale in ST PETERSBURG, FL at 1002 18th Avenue S. This 4 bedroom Residential home is priced at $320/sqft
Features of 1002 18th Avenue S
MLS® # | U8231688 |
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Price | $750,000 |
Bedrooms | 4 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 2,342 |
Acres | 0.15 |
Year Built | 1920 |
Type | Residential |
Sub-Type | Single Family Residence |
Status | Active |
Community Information: St Petersburg
Address | 1002 18th Avenue S |
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Area | St Pete |
Subdivision | CROMWELL HEIGHTS |
City | ST PETERSBURG |
County | Pinellas |
State | FL |
Zip Code | 33705 |
Amenities of 1002 18th Avenue S
Is Waterfront | No |
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Has Pool | No |
Interior of 1002 18th Avenue S
Interior Features | Ceiling Fans(s), Window Treatments |
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Appliances | Electric Water Heater, Range, Range Hood, Refrigerator |
Heating | Central, Electric |
Cooling | Central Air |
Fireplace | No |
Exterior of 1002 18th Avenue S
Exterior Features | Lighting, Sidewalk |
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Roof | Shingle |
Foundation | Crawlspace |
Additional Information On 1002 18th Avenue S
Date Listed | February 21st, 2024 |
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Days on Market | 73 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | MELANGE REAL ESTATE INC |
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Map To 1002 18th Avenue S, ST PETERSBURG
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