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3365 57th Avenue N, ST PETERSBURG, FL 33714
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3365 57th Avenue N
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Would you like to sell your home before you purchase this one?
Priced at Only: $995,000
For more Information Call:
Address: 3365 57th Avenue N, ST PETERSBURG, FL 33714
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Virtual Tour
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  • MLS#: TB8339945 ( Residential Income )
  • Street Address: 3365 57th Avenue N
  • Viewed: 197
  • Price: $995,000
  • Price sqft: $229
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 4350
  • Days On Market: 58
  • Additional Information
  • Geolocation: 27.8241 / -82.6789
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33714
  • Subdivision: Arcadian Heights
  • Elementary School: Lealman Avenue Elementary PN
  • Middle School: Meadowlawn Middle PN
  • High School: Northeast High PN
  • Provided by: ENGEL & VOLKERS ST. PETE
  • Contact: Kim Meredith-Hampton
  • 727-295-0000
  • mfrmls
  • DMCA Notice
  • Description
    Buyer financing fell through, give us a call to tour. Management in Place to assist with the transition! Welcome to The Urban Standard! An urban oasis located in St. Pete. The unique property features a mixture of 6 short and mid term rentals, and 3 long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three income producing property in Pinellas County has endless value add opportunities! With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a four unit at the front and a four unit at the back, with two additional studios. A shared community garden space, plus a dedicated dog park, make up this professionally managed complex. The property estimates a Net Operating Income (NOI) of $60,884.83 for 2024, with a CAP rate of 6.1% and the Pro Forma numbers for 2025 with a CAP rate of 9.6%, making it the best buy on the market. Sold with 6 fully furnished units, it is ready to go for the next owner.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, Other, Storage
  • Living Area: 3800.00
  • Roof: Shingle
School Information
  • High School: Northeast High-PN
  • Middle School: Meadowlawn Middle-PN
  • School Elementary: Lealman Avenue Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • 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: Microwave, Range, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), Other
  • Legal Description: ARCADIAN HEIGHTS BLK A, LOT 21
  • Area Major: 33714 - St Pete
  • Occupant Type: Tenant
  • Parcel Number: 35-30-16-01404-001-0210
  • Views: 197
  • Zoning Code: R-4
Nearby Subdivisions
Arcadian Heights   Lellman Heights 1st Sec   Orangewood Heights