Homes for sale - 801 18TH AVE S, St Petersburg, FL 33705

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Charlie Santos

eXp Realty

charlie.santos@exprealty.com +1(407) 832-7295

Listed by INSTA REAL ESTATE SOLUTIONS

$399,000

Est. payment - /mo

4 Beds

2 Baths

1,680 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $237

Subdivision Stahls Sub

MLS Listing ID TB8432418

Bedrooms 4

Construction Status Completed

HOA Y/N No

Year Built 1953

Annual Tax Amount $4,489

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Source Stellar MLS

Property Description

EXCEPTIONAL INCOME-PRODUCING DUPLEX - FULLY UPDATED & OCCUPIED. This meticulously maintained BLOCK CONSTRUCTION duplex offers immediate cash flow with stable, long-term tenants in place. Both units feature 2 bedrooms/1 bathroom and have been updated throughout. PROPERTY HIGHLIGHTS: Total Monthly Income: $3,713 ($1,800 Unit 1 + $1,913 Unit 2). Stable Tenancy: Both units occupied with Section 8 voucher recipients on annual lease agreements. Separate Utilities: Individual water and electric meters - tenants pay all utilities. RECENT MAJOR IMPROVEMENTS: Transferable Satisfactory 4-Point Inspection Report. Newer Roof - Peace of mind for years to come. Updated Windows - Enhanced energy efficiency. Newer HVAC Systems. Newer Water Heaters. Complete Cosmetic Updates - Fresh interior and exterior finishes. INVESTMENT DETAILS: Gross Annual Income: $44,556. Established Rental History with quality tenants. Section 8 Program provides rental payment security. Minimal Landlord Responsibilities - tenants handle utilities. LOCATION ADVANTAGES: Located in the desirable 33705 area of St. Petersburg, this property benefits from the city's robust rental market and ongoing urban revitalization. The 33705 zip code has shown consistent appreciation with average home prices up 6.8% year-over-year, making this an excellent long-term investment opportunity. PERFECT FOR: Experienced Investors seeking immediate cash flow. First-Time Investment Property buyers (turnkey ready). Portfolio Expansion with proven rental income. 1031 Exchange candidates. This is a rare opportunity to acquire a fully-stabilized, updated duplex with immediate positive cash flow. The combination of recent major improvements, established tenancy, and prime location makes this an exceptional investment in St. Petersburg's growing rental market. Properties of this caliber and cash flow potential move quickly in today's market!

Location

State FL

County Pinellas

Community Stahls Sub

Area 33705 - St Pete

Direction S

Interior

Interior Features Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Tile

Fireplace false

Appliance Range, Range Hood, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Private Mailbox

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

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, Level, Near Public Transit, Oversized Lot

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8432418

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Charlie Santos

+1(407) 832-7295

Agent | SL3100458

Agent SL3100458

801 18TH AVE S St Petersburg, FL 33705

Charlie Santos

Key Details

Location

Interior

Exterior

Building

Others

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