Ignite FB Tracking Pixel1531 5th Street S, Saint Petersburg, FL 33701 - Nolan Castro, PA
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listing
1 of 12
Single Family
$2,020,000
1531 5Th Street S
Saint Petersburg, FL 33701
Listed by: Dalton Wade Inc, (727) 453-2165
MLS: Stellar MLS
3Beds
1Bath
1,248Sq Ft
Est. Mortgage
$10,527/mo

DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CONFIDENTIALITY AGREEMENT REQUIRED FOR ADDITIONAL INFORMATION *This property is part of a portfolio sale* Well-established portfolio of single-family homes in St Petersburg with $204,000 of annual rent per existing leases. Many leases are below market w/ significant rent growth available upon turnover. All properties are located in areas with significant new development activity. This portfolio is best suited for a passive, cash flow oriented investor(s) seeking a stable long term investment in a fast-growing market of St Petersburg, Florida. Property management in place and willing to manage post transaction for 10% of collected rent. Potential buyers must prove financial ability to close and be familiar with valuing properties based on cash flow. Seller will give preference to offers with lower loan-to-value ratios. Seller may consider seller financing with the right legal structure. Seller is local, believes in the upside potential of this portfolio, is willing to stay involved, and is selling to facilitate retirement.

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Listing provided by Dalton Wade Inc
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