Sarasota's Premier Homes

330 20TH AVENUE S

ST PETERSBURG , FL 33705

MLS#: TB8476365

$899,500

Status: Active
Listing number: TB8476365
Listing provided by: INSTA REAL ESTATE SOLUTIONS
Listing agent phone: None
Last update: 7 days ago
On site: 7 days ago
Browse Properties
ROUSLYNN - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

2,093

330 20th Ave S, St. Petersburg, FL — Income Producing Quadplex Exceptional investment opportunity in the highly desirable Old Southeast neighborhood of St. Petersburg. This well-maintained income-producing property consists of two separate duplex buildings, offering immediate cash flow with additional upside potential. The front building is a single-story duplex featuring two 1-bedroom, 1-bath units. The rear building includes a 1-bedroom, 1-bath unit on the main floor and a spacious 2-bedroom, 1-bath unit upstairs, providing a desirable unit mix for a variety of tenants. Three units are currently leased at $1,495, $1,495, and $1,450 per month, while one unit is vacant and ready for occupancy at $1,495 per month. The 2-bedroom unit is currently rented below market, with estimated market rent closer to $2,000 per month, creating a strong value-add opportunity for investors seeking increased returns. At market rates, a CAP rate of approximately 6.6% would be achieved. This property offers solid cash flow today with room for rental growth tomorrow, making it ideal for both seasoned investors and those looking to expand their portfolio. Located just minutes from vibrant Downtown St. Petersburg, residents enjoy quick access to waterfront parks, Beach Drive, the St. Pete Pier, restaurants, shopping, museums, and major employment centers. The Old Southeast neighborhood continues to see strong demand and long-term appreciation, making this a strategic addition to any investment portfolio. Don’t miss this opportunity to own a versatile, income-producing asset in one of St. Pete’s most sought-after locations.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Other Exterior Features

    None, Private Yard

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.16

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $899,500

  • Tax Amount

    $10,423.77

  • Sq. Footage

    2, 093

  • Price/SqFt

    $429

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    10

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Bill Heinz , INSTA REAL ESTATE SOLUTIONS

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
330 20th Ave S, St. Petersburg, FL — Income Producing Quadplex Exceptional investment opportunity in the highly desirable Old Southeast neighborhood of St. Petersburg. This well-maintained income-producing property consists of two separate duplex buildings, offering immediate cash flow with additional upside potential. The front building is a single-story duplex featuring two 1-bedroom, 1-bath units. The rear building includes a 1-bedroom, 1-bath unit on the main floor and a spacious 2-bedroom, 1-bath unit upstairs, providing a desirable unit mix for a variety of tenants. Three units are currently leased at $1,495, $1,495, and $1,450 per month, while one unit is vacant and ready for occupancy at $1,495 per month. The 2-bedroom unit is currently rented below market, with estimated market rent closer to $2,000 per month, creating a strong value-add opportunity for investors seeking increased returns. At market rates, a CAP rate of approximately 6.6% would be achieved. This property offers solid cash flow today with room for rental growth tomorrow, making it ideal for both seasoned investors and those looking to expand their portfolio. Located just minutes from vibrant Downtown St. Petersburg, residents enjoy quick access to waterfront parks, Beach Drive, the St. Pete Pier, restaurants, shopping, museums, and major employment centers. The Old Southeast neighborhood continues to see strong demand and long-term appreciation, making this a strategic addition to any investment portfolio. Don’t miss this opportunity to own a versatile, income-producing asset in one of St. Pete’s most sought-after locations.

330 20TH AVENUE S

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