Off-Market Condo: 22 at 470 3rd 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 $2,151 per month, based on comparable local listings. Estimated long-term cap rate of 0.4%. Live the downtown St. Pete lifestyle you’ve always dreamed about in this beautifully remodeled and impeccably maintained one-bedroom / one bathroom corner unit in the Beacon on Third condominium. Enjoy views of Tampa Bay from your living room and large balcony. Even better is that this unit is located at the end of the hall and there are no shared walls with any neighbors! You will love the incredible floor to ceiling impact windows (installed in 2020), luxury vinyl plank floors, completely remodeled bathroom with glass enclosed walk-in shower, three large closets, newer stainless-steel kitchen appliances, and new front door. The unit comes complete with an assigned parking space underneath the building with easy access to the elevators and main lobby. Enjoy the low electric bill because the Beacon’s condo maintenance fee includes your air conditioning and heat! The Beacon offers residents stylish common areas/lobby and top notch amenities, such as secured entry access, security (nights and weekends), 24-7 fitness center, resort-style pool with private cabanas, grilling and outdoor dining area, clubhouse room, guest parking, bicycle storage, on-site management, and a rooftop deck with fabulous views of Tampa Bay, all of downtown and the Pier! The Beacon’s prime downtown location offers residents unsurpassed urban living with walkability to hip restaurants, shopping, Publix, museums, galleries, waterfront parks, entertainment venues, nightlife, cafes, marinas, galleries, the St. Pete Yacht Club, outdoor markets, sporting venues, the St. Pete Pier, USF, and more! Milestone has been completed and association allows three month minimum rentals. Buyer to verify all measurements.

Property Information
Monthly Rent
$2,151
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$4769
Bedrooms
1
Bathrooms
1
SQFT
859
Furnished
N/A
Year built
1965
Listing Status
Off Market
MLS
TB8362981

Long-term Rental Potential
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$25,812

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,151/mo

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