Seller Financing
Not Disclosed St Petersburg, FL
$ 5,500,000
Property Attributes
  • MLS#U7842216
  • TypeIncome
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • Zip33702
  • StyleFive or More
  • Year Built1989
  • Taxes1291
  • Price$ 5,500,000
  • Bedrooms53
  • Full Bathrooms52
  • Half Bathrooms0
  • Sqr Footage753
Listing Provided Courtesy Of:
Broderick & Associates Inc
Property Description

This 44-unit condo portfolio is fully leased and can be obtained either in its entirety or in smaller blocks of units. Included in this 44 units are 18 units in Itopia and 13 units in Vantage Point. There are also 3 units in Windjammer, two units in Enclave and then single units in Pine Rush Villas, Peppertree Village, Windward Point, and Jamestown all in St. Petersburg. Additionally, there are four units in Sarasota with three in Sarasota Palms and a single unit in Hidden Lake Village. There are 35 One-Bedroom/ One-Bath units, 8 Two-Bedroom/ Two-Bath units and 1 Three-Bedroom/Two-Bath unit. The breakdown on the leases is attached is attached. While expenses were not itemized, the approximate NET CAP was 5.0 which would certainly increase as rents are increased. The owner will also entertain owner financing options.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/5/2018 Listed $5,500,000

General Features

Annual Gross Income 523260
Financing Available Cash, Conventional, Seller Financing
Housing For Older Persons N/A
Location Gated Community
MLS Area St Pete
Special Sale None
Taxes 1291
Total Monthly Rent 43605
Total Num Buildings 44
Utilities Cable Available, Sprinkler Well

Interior Features

A/C Central
Heating Central
Total Units 44

Exterior Features

Exterior Construction Block
Exterior Features Balcony/Sun Deck, Patio/Porch/Deck Covered, Trees/Landscaped
Garage Carport None
Garage Features Street Parking
Lot Dimensions 00
Pool Community
Property Style Five or More
Roof Shingle
Sidewalk Yn Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33702

AVG $1.96M
AVG $2,053
AVG 132
Year Built
AVG 1973

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