$995,000 for Sale
3365 57th avenue , st petersburg, FL 33714
| Beds 0 | Baths 0 | 3,800 Sqft | 0.15 Acres |
|
1 of 100 |
Property Description
Welcome to The Urban Standard! An urban oasis located in St. Pete. The unique property features a mixture of 6 short and mid term rentals, and 3 long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three-income-producing property in Pinellas County has endless value-add opportunities! With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a four unit at the front and a four unit at the back, with two additional studios. A shared community garden space, plus a dedicated dog park, make up this professionally managed complex. The property estimates a Net Operating Income (NOI) of $60,884.83 for 2024, with a CAP rate of 6.1% and the Pro Forma numbers for 2025 with a CAP rate of 9.6%, making it the best buy on the market. Sold with 6 fully furnished units, it is ready to go for the next owner.
General Information
Sale Price: $995,000
Price/SqFt: $262
Status: Active
MLS#: TB8339945
City: st petersburg
Post Office: st petersburg
Schools: northeast high-pn
County: Pinellas
Subdivision: arcadian heights
Acres: 0.15
Bedrooms:0
Bathrooms:0
House Size: 3,800 sq.ft.
Acreage: 0.15 est.
Year Built: 1925
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Gravel
Garage: No
Construction: Other, Stucco
Exterior Misc: Courtyard, Other, Storage
Basement: No
Foundation : Pillar/Post/Pier
Appliances: Microwave, Range, Refrigerator
Cooling: Wall/Window Unit(s)
Heating: Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $19,022
Legal Description: ARCADIAN HEIGHTS BLK A, LOT 21
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Kim Meredith-Hampton of ENGEL & VOLKERS ST. PETE, Phone: 727-295-0000
