Address: 2011 Auburn Street S, ST PETERSBURG, FL 33712
Description
Cash flowing investment property now available in a prime St. Petersburg location. This 3 bedroom, 1 bathroom concrete block home is less than one mile from the interstate, providing quick access to Downtown St. Pete, Tampa Bay, and Sarasota. Offering approximately 1,096 square feet of living space, the home features attractive stone accents inside and out, a fireplace, a split floor plan, and ample room to update and add value. The lot design includes an extended driveway and front entrance, creating reduced yard maintenance and additional parking. Auburn Street Community Park is just a short distance away, offering a basketball court, pavilion, and playground areas for outdoor enjoyment. The property is currently tenant occupied and producing steady income, with the tenant paying $2,000 per month on a month to month lease, generating approximately $24,000 annually. Located in a high demand rental market, this home presents a compelling opportunity for investors seeking immediate cash flow, value add potential, portfolio expansion, 1031 exchange opportunities, or out of state buyers looking to secure Florida real estate.
Cash flowing investment property now available in a prime St. Petersburg location. This 3 bedroom, 1 bathroom concrete block home is less than one mile from the interstate, providing quick access to Downtown St. Pete, Tampa Bay, and Sarasota. Offering approximately 1,096 square feet of living space, the home features attractive stone accents inside and out, a fireplace, a split floor plan, and ample room to update and add value. The lot design includes an extended driveway and front entrance, creating reduced yard maintenance and additional parking. Auburn Street Community Park is just a short distance away, offering a basketball court, pavilion, and playground areas for outdoor enjoyment. The property is currently tenant occupied and producing steady income, with the tenant paying $2,000 per month on a month to month lease, generating approximately $24,000 annually. Located in a high demand rental market, this home presents a compelling opportunity for investors seeking immediate cash flow, value add potential, portfolio expansion, 1031 exchange opportunities, or out of state buyers looking to secure Florida real estate.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Sidewalk
Flooring: Ceramic Tile, Vinyl
Living Area: 1096.00
Roof: Shingle
Property Information
Property Condition: Completed
Land Information
Lot Features: City Limits, Near Public Transit, Sidewalk, Paved
School Information
High School: Gibbs High-PN
Middle School: John Hopkins Middle-PN
School Elementary: Melrose Elementary-PN
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Driveway
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Electric Water Heater, Range, Refrigerator
Country: US
Furnished: Unfurnished
Interior Features: Ninguno
Legal Description: TANGERINE HIGHLANDS BLK F, LOT 2
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