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3320 18th Street N, ST PETERSBURG, FL 33713
Priced at Only: $789,998
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Address: 3320 18th Street N, ST PETERSBURG, FL 33713
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  • MLS#: TB8405558 ( Residential Income )
  • Street Address: 3320 18th Street N
  • Viewed: 144
  • Price: $789,998
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 3
  • Days On Market: 305
  • Additional Information
  • Geolocation: 27.8022 / -82.6585
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33713
  • Subdivision: Beever O A Sub
  • Provided by: MADISON HEIGHTS REALTY GROUP
  • Contact: Nicole Smith
  • 813-915-0030
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to a rare income producing gem in the heart of St. Petersburg's beloved Magnolia Heights neighborhood! This fully updated triplex sits on a spacious double lot and comes with not 3 but 4 active income streams three furnished units plus a bonus RV/glamping lot that's already earning. The Numbers: 2024 verified net income of $105,238. Projected hybrid income of $75,000$95,000/year using a furnished medium term rental model (30+ days) perfectly suited for St. Pete's booming travel nurse, remote worker, and snowbird market. Expenses consistently low at ~$16,000$17,000/year. Cap rate of 9.5 return+ at asking price. Detailed month by month financials are available to serious buyers upon request through the listing agent. Unit 3314 is a beautifully renovated 1BR/1BA with luxury vinyl flooring, granite countertops, indoor laundry, and a private backyard pergola. Unit 3312 is a charming 2 story 2BR/1BA with alley access, open concept living, hurricane shutters, and an artificial turf backyard. Unit 3320 mirrors 3312's layout with all new appliances and updated landscaping. The bonus RV/glamping lot is already active with a 4.70 Airbnb rating across 20 reviews. Every unit features a private fenced backyard, dedicated parking, new AC, smart locks, and separate entrances. NO flood zone. Zero flooding or water damage history. Minutes from Downtown St. Pete, the beaches, St. Pete/Clearwater Airport, and the Tampa Bay healthcare corridor. Detailed financials are available to serious buyers through the listing agent.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Lighting
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Open Floorplan
Legal Description
  1. BEEVER
  2. O. A. SUB LOTS 12 AND 13
Living Area
  1. 2146.00
Area Major
  1. 33713 - St Pete
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 12-31-16-06174-000-0120
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 31
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Sewer Connected
  4. Water Connected
Views
  1. 144
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8405558
Water Source
  1. Public
Year Built
  1. 1925
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