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8040 47th Ave N 2 Unit Apartment Building $399,999 ($200,000/Unit) Saint Petersburg, FL 33709
Investment Highlights
- Two-unit duplex with 2 bedrooms and 1 bath per unit, each with washer/dryer hookups.
- Private yard and open parking on a 6,098 sq ft lot.
- Convenient location near schools, shopping, and major roadways in Saint Petersburg.
- Central air conditioning in both units; one system replaced in 2023.
- Currently leased, generating consistent rental income.
Executive Summary
This well-maintained duplex offers a compelling investment opportunity in the heart of Saint Petersburg, Florida. The property consists of two 2-bedroom, 1-bath units, each equipped with washer and dryer hookups, providing convenience for tenants. Both units feature central air conditioning, with one system replaced in 2023 and the other in 2011, ensuring reliable climate control.
Situated on a 6,098 sq ft lot, the property includes a private yard and open parking, appealing to renters seeking outdoor space and easy access. The duplex is currently generating rental income, with both units leased, making it an attractive option for investors seeking immediate cash flow.
Located in the WORLEYS SUB neighborhood, the property benefits from proximity to major thoroughfares, local schools, and community amenities. With a strong rental history and minimal maintenance requirements, this asset offers long-term stability and potential for value appreciation in a growing market.
Situated on a 6,098 sq ft lot, the property includes a private yard and open parking, appealing to renters seeking outdoor space and easy access. The duplex is currently generating rental income, with both units leased, making it an attractive option for investors seeking immediate cash flow.
Located in the WORLEYS SUB neighborhood, the property benefits from proximity to major thoroughfares, local schools, and community amenities. With a strong rental history and minimal maintenance requirements, this asset offers long-term stability and potential for value appreciation in a growing market.
Property Facts
| Price | $399,999 | Building Class | C |
| Price Per Unit | $200,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 1,458 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1972 |
| Zoning | CG - General Commercial | ||
| Price | $399,999 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,458 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | CG - General Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Kitchen
- Oven
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01-31-15-99126-000-0150 | Improvements Assessment | $176,137 |
| Land Assessment | $113,863 | Total Assessment | $290,000 |
Property Taxes
Parcel Number
01-31-15-99126-000-0150
Land Assessment
$113,863
Improvements Assessment
$176,137
Total Assessment
$290,000
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8040 47th Ave N
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