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About this home
2601 61st Ave N is a 1974-built home in Biltmore Terrace, St Petersburg. Inside you'll find 6 bedrooms, 4 bathrooms, and 3,090 square feet of living space. Listed at $599,900 (about $194/sqft), 146 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Four units, an existing U.S. Coast Guard lease, and a remodeled apartment available for its next tenant—this St. Petersburg multifamily property offers an opportunity to acquire existing rental income with an immediate leasing opportunity. The property includes three 2-bedroom, 1-bath apartments, each approximately 900 square feet, plus an efficiency unit. Remodeled Unit B is currently vacant, giving an incoming investor the opportunity to place a new tenant. One unit remains leased to the United States Coast Guard. Spacious living areas, well-designed kitchens, and private washer/dryer hookups for practical everyday convenience. Private fenced backyard spaces with gated access provide outdoor room to relax—an appealing feature for prospective tenants. Located in St. Petersburg with access to shopping, parks, downtown attractions, and Gulf beaches, this four-unit property brings together a versatile unit mix, existing tenancy, and a remodeled vacancy ready for leasing. Expand your portfolio with a property offering multiple rental streams under one ownership.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$599,900
$194 per sq ft
Beds and baths
6 beds, 4 baths
Size
3,090 sq ft
Time on market
146 days
Year built
1974
Monthly payment
About $4,191/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,144 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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