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About this home
5111 1st Ave S is a 1971-built home in Central Ave Homes, St Petersburg. Inside you'll find 5 bedrooms, 4 bathrooms, and 2,793 square feet of living space. Listed at $917,400 (about $328/sqft), 9 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Wow is the Word for this Completely Updated Tri-Plex! Great Cash Flow for this Block Construction Complex off Central Ave. and Close to Bus line. All 3 Units come with an Assigned Carport Space and an individual Storage room. On-Site Laundry Room also brings in additional Cash Flow. This complex has been exceptionally well maintained. Beautiful landscape and walkways plus plenty of parking. Here are the Specs: 2,793 SF heated, 4,344 SF under roof Triplex - 2/2, 2/1, 1/1. Upgrades in 2023: All new kitchen appliances 2023 in all units - side by side fridge with water and ice, range, hood, sinks, faucets and dishwasher, 2023 kitchen cabinet refresh and upgraded doors and paint. All bathroom's new tile, toilets, faucets and vanities. 2020 new hot water heaters, 2023 new interior paint, 2023 new exterior primer and paint. 2023 new gutters with leaf guard. 2023 commercial grade exterior epoxy on all exterior walkways, carport and stairs. 2023 new LVP heavy duty flooring. 2023 new ceiling fans. 2022/23 new hurricane windows and front doors on all units. 2023 new washer/dryer and digital programmable locks on laundry entrances. All serious Investors must show Proof of Funds or Pre-Approval letter to schedule a viewing of all 3 units because it is all fully rented and we don't want to disturb the tenants unless Buyer is very serious. The rents stated are Actual rents not Expected. High and Dry. No Flood Insurance Needed. Each unit has a separate electric meter.
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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
$917,400
$328 per sq ft
Beds and baths
5 beds, 4 baths
Size
2,793 sq ft
Time on market
9 days
Year built
1971
Monthly payment
About $5,903/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,917 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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