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

Unit - #2005

$1,195,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $5,904 per month, based on comparable local listings. Estimated long-term cap rate of -1.9%. Experience elevated living in the heart of Downtown St. Petersburg with breathtaking water views and unmatched luxury finishes. Located in one of the city's most iconic high-rises, this stunning split-bedroom, two-bath residence is designed to impress — from the expansive floor-to-ceiling windows that flood the space with natural light, to the sleek, modern finishes that define high-end city living. Enjoy a private tiled terrace, spa-inspired bathrooms, and a thoughtfully designed second bedroom complete with a custom Murphy bed and built-in desk, perfect for guests or working from home. Additional upgrades include tankless water heater, electric blinds in every room, surround sound wiring, extra storage units, and dedicated parking spaces — making this unit not just beautiful, but incredibly functional. Signature Place offers top-tier amenities including 24-hour concierge, state-of-the-art fitness center, resort-style pool, private cabanas, outdoor dining and grilling areas, secure garage parking, and beautifully curated green spaces. All of this, just steps from Beach Drive, world-class restaurants, vibrant nightlife, waterfront parks, art galleries, museums, and boutique shopping. Don’t miss your chance to call this sophisticated retreat home. Schedule your private tour today!

Property Information
Monthly Rent
$5,904
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$17626
Bedrooms
2
Bathrooms
2
SQFT
1,269
Furnished
N/A
Year built
2009
Listing Status
Off Market
MLS
TB8373126

Long-term Rental Potential
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$70,848

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$5,904/mo

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