Overview
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About this home
726 75th Ave N is a 1960-built home in Mullers Sub, St Petersburg. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,238 square feet of living space. Listed at $342,000 (about $276/sqft), 65 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Strong income-producing opportunity in St. Petersburg. This tenant-occupied 3-bedroom, 2-bathroom single-family home encompasses approximately 1,250 square feet and currently generates $2,710 per month in rental income, the highest monthly rent among the seven single-family assets in the portfolio. An established tenant provides immediate income for an incoming investor. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
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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
$342,000
$276 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,238 sq ft
Time on market
65 days
Year built
1960
Monthly payment
About $2,312/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,282 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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