This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
527 8th St N
Saint Petersburg, FL 33701
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 4,616 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.22/1,000 SF |
| Zoning | multi-fam | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,616 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | multi-fam |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer
- Heating
- Smoke Free
- Vinyl Flooring
ABOUT 527 8TH ST N , SAINT PETERSBURG, FL 33701
Ideally located just a couple blocks from downtown St.Pete this apartment complex has 100% occupancy with rental history and leases provided upon request. Priced at a 7.12% CAP rate, this is an ideal investment for the experienced, savvy investor or a new investor ready to just take over and start making money right away. 7 units with annual gross rents of $82,500 and netting $48,052 with profit and loss on the sellers Schedule C tax return to document all monies. This investment has it all and won't last long on the market. The rental market is hot right now and expected to continue for at least the next decade. Get your slice of the pie and become the proud new owner of this apartment complex now!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $900.00 | - |
| 2+1 | 3 | $975.00 | - |
| 3+3 | 1 | $1,500 | - |
PROPERTY TAXES
| Parcel Number | 18-31-17-72288-000-0310 | Improvements Assessment | $465,545 |
| Land Assessment | $454,455 | Total Assessment | $920,000 |
PROPERTY TAXES
