1121 10TH AVE S, ST PETERSBURG, FL, 33705
$315,000
Residential
Bedrooms
3
Bathrooms
2
Living Area
1,020 Sqft
Lot Size
4,343 Sqft
Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 2525 37th St S (See MLS# TB8535635). This 3-bedroom, 1.5-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at a premium rate of $2,715/month (leased through 3/31/2027), providing secure, government-backed rental income. The asset has undergone extensive, high-end renovations, resulting in nearly zero deferred maintenance for the next owner. The home has passed multiple rigorous housing inspections. Upgrades include a new 2.5-ton HVAC system, roof repairs, whole-house fumigation with warranty, and a new concrete driveway and patio. The interior features a stunning full kitchen buildout with custom cabinetry, Quartz countertops, new stainless steel appliances including dishwasher and washer/dryer, recessed LED lighting, chandelier, and premium remote-controlled fans. A beautifully upgraded bathroom includes luxury fixtures, LED vanity, and custom shower with premium tile to the ceiling. Located in Flood Zone X (no flood insurance typically required) with zero HOA fees and a tenant who is responsible for all utilities and lawn care.   Package Sister Property Details (2525 37th St S): Features a 4-bed / 1-bath layout, a $3,150/month lease through 2/28/2027, custom attic conversion, and high-end finishes. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. This is a true hassle-free, stabilized addition to any portfolio.   Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.
Property Details
Property Features Property Features
MLS ID: MFRTB8535618 Year Built: 1925
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer Architectural Style: Bungalow, Florida
Community Features: Street Lights Construction Materials: Vinyl Siding, Frame
Cooling: Central Air Country: US
County Or Parish: Pinellas Direction Faces: South
Exterior Features: Lighting, Private Entrance, Private Mailbox, Rain Gutters, Sidewalk Flooring: Ceramic Tile, Luxury Vinyl
Foundation Details: Other, Slab Furnished: Partially
Heating: Electric Laundry Features: Inside
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, Trade, FHA, VA Loan Lot Features: Landscaped, Sidewalk, Paved
Occupant Type: Tenant Other Equipment: Private Entrance
Parking Features: Driveway, Off Street Patio And Porch Features: Patio
Pets Allowed: Cats OK, Dogs OK Possession: Negotiable
Property Condition: Completed Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt, Brick
Roof: Shingle Security Features: Smoke Detector(s)
Sewer: Public Sewer Showing Requirements: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected, Sewer Connected, Water Connected
View: City, Garden Water Source: Public
Window Features: Blinds, Window Treatments
Rooms Rooms
Family Room: Primary Bedroom:
Bedroom 2: Bathroom 1:
Bedroom 3: Bathroom 2:
Kitchen: Laundry:
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