2,112 SqFt
2,112 SqFt
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $295
Subdivision Fruitland Heights
MLS Listing ID TB8493145
HOA Y/N No
Year Built 2023
Annual Tax Amount $9,162
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 51x114
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
Step inside and the hallway tells the story quickly: numbered doors, smart locks, and a consistent finish level from front to back that keeps turnover low and occupancy high. Currently five of six rooms are filled at $280 per week, with flexible lease terms ranging from two months to two years and weekly rent collection built into the PadSplit platform. Full occupancy — the historical norm — puts gross revenue north of $87,000 annually.
The common living room, which tenants rarely use, is the upside. Converting that space to a seventh bedroom adds approximately $14,500 in additional annual gross revenue while preserving the kitchen, dining area, and laundry. The bones are already there; it is a straightforward conversion with meaningful return.
Positioned minutes from downtown St. Petersburg, the St. Pete Pier, Bayfront Health, and I-275 access to Tampa, this address draws working adults who need flexible lease terms and a connected location. Demand in this corridor is consistent, the PadSplit model keeps collections systematic, and the property transfers in stabilized, turnkey condition.
Location
State FL
County Pinellas
Community Fruitland Heights
Area 33705 - St Pete
Direction S
Interior
Heating Central
Cooling Central Air
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected
Roof Type Shingle
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8493145
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