Off-Market Condo at 175 1st ST S, Saint Petersburg, FL 33701
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $5,848 per month, based on comparable local listings. Estimated long-term cap rate of -1.9%. Enjoy breathtaking views of the Gulf, St. Pete pier and the marina from the comfort of your living room! Welcome to Signature Place, where contemporary elegance and urban convenience come together in the heart of downtown St. Petersburg. This stunning, updated condo offers two generously sized bedrooms with ample closet space, two full bathrooms, and a bright, airy living area that flows seamlessly onto a private outdoor deck—perfect for soaking in panoramic views of the downtown skyline, waterfront, and Rowdies Stadium. The sleek, modern kitchen was fully renovated in 2023 with high-end appliances and abundant storage. Additional upgrades, including a new washer/dryer and tankless water heater (2023), provide added efficiency and convenience. Signature Place offers an unparalleled lifestyle with resort-style amenities, including a rooftop pool and sundeck with breathtaking city and water views, a cutting-edge fitness center, and a stylish resident lounge. With 24-hour concierge service, residents enjoy both security and convenience. Step outside and immerse yourself in the vibrant energy of downtown, where top-rated restaurants, chic boutiques, cultural attractions, and live entertainment are just moments away. This unit also includes two secured, covered parking spaces on the same floor for easy access, plus a dedicated storage locker just steps from your door. For those seeking a luxurious and sophisticated living experience in an unbeatable downtown location, this exceptional condo is the perfect place to call home!

Property Information
Monthly Rent
$5,848
Monthly HOA
$1132
Rental Policy
STR Restrictions
Yearly Taxes
$13984
Bedrooms
2
Bathrooms
2
SQFT
1,197
Furnished
N/A
Year built
2009
Listing Status
Off Market
MLS
TB8303267

Long-term Rental Potential
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$70,176

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$5,848/mo

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