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966 22nd Avenue S

St Petersburg, FL 33705
  • $3,500,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: TB8334819
Price Reduced
$3,500,000
  • 40
    BEDS
  • 1.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,600
    SQFT
  • $199
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2008
County:
Area:

School Ratings & Info

Description

Investment Opportunity: 20-Unit Apartment Complex with Strong Cash Flow Potential Lakeview Apartments In St. Petersburg this 20-unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2-bedroom, 2-bath units, all-tile flooring ensures low maintenance and durability for years to come. Key Investment Highlights: 20 Units: 2-bedroom, 2-bathroom, all-tile units designed for easy upkeep and long-term appeal. Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management. Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above-average rental income potential. Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time. Flood Zone X: Located in a low-risk flood zone for added peace of mind. Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants. Call for details.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-10T23:42:40.993.
www.homeinsarasotafl.com/homes/159185829
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966 22nd Avenue S St Petersburg, FL 33705

  • Price: $3,500,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: TB8334819
40
Beds
0
Baths
0
½ Baths
1.37
Acres
17,600
SQFT
$199
$/SQFT
2008
Built
Neighborhood:
Lakeview Manor
County:
Pinellas
Area:
St Pete
Property Description
Investment Opportunity: 20-Unit Apartment Complex with Strong Cash Flow Potential Lakeview Apartments In St. Petersburg this 20-unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2-bedroom, 2-bath units, all-tile flooring ensures low maintenance and durability for years to come. Key Investment Highlights: 20 Units: 2-bedroom, 2-bathroom, all-tile units designed for easy upkeep and long-term appeal. Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management. Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above-average rental income potential. Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time. Flood Zone X: Located in a low-risk flood zone for added peace of mind. Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants. Call for details.
Exterior Features

Carport Yn No Construction Materials ConcreteStucco Exterior Features FencedPrivate MailboxSidewalk Foundation Details Slab Lot Size Dimensions 200 x 255 + 192 x 45 Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Inside Utility Appliances DishwasherElectric Water HeaterRangeRange HoodRefrigerator Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Ceramic Tile Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Living Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsWindow Treatments Laundry Features InsideLaundry Closet Levels One Sewer Public Sewer Water Source Public Window Features Window Treatments

Property Features

Annual Net Income 197311.52 Association Approval Required Yn No Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Multi Family Realtor Info Currently Leased Senior Community Yn No Special Listing Conditions None Tax Annual Amount 24882 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableElectricity AvailableElectricity ConnectedSewer ConnectedWater - Multiple MetersWater Connected


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of VINTAGE REAL ESTATE SERVICES: 813-684-0001.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-10T23:42:40.993.
 
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