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255-257 38th Ave Se, Saint Petersburg, FL 33705
$214,000
255-257 38th Ave Se, Saint Petersburg, FL 33705View this property at 255-257 38th Ave Se, Saint Petersburg, FL 33705
255-257 38th Ave SeSaint PetersburgFL33705
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Property Description
$25,080 CURRENT ANNUAL GROSS RENT. Coquina Key, Island living! Concrete duplex of two 780sqft 2BR,1 bath units with carports & utility rooms with washer/dryer hookups. Annual leases. TENANTS PAY ALL UTILITIES! Owner pays only property tax, insurance, lawn care. At full price, this investment generates a better than 8% actual cap rate with no deferred maintenance & proven ability to increase rents. Updates include all new exterior & interior paint, central A/C, 6 ceiling fans, all new plumbing fixtures, new medicine cabinets & bathroom vanities, all new light fixtures, plugs & switches. Both units have new breaker panels & double pane windows throughout, new exterior doors, self cleaning ranges, and professionally refinished TERRAZZO floors (NO CARPET! Easy to clean!).Current rent of 257 side is $995/mo, 255 is $1095/mo, 255 features a completely remodeled kitchen. Just three blocks from the Coquina Key park, which boasts tennis courts, basketball courts, soccer fields, a large fenced dog park, fishing dock, kayak launch point, and more. Prices in the area have been rising. Duplex is adjacent to the high end Coquina Key Townhomes and is across the street from Waterside, where prices have exploded. And all of Coquina Key is an island- get the feel of the beach while still being close to downtown St. Pete! GREAT INCOME! GREAT LOCATION! DO NOT WALK PROPERTY!! DRIVE BY ONLY! Tenants do not know of sale. You will not be disappointed! BEST VALUE IN ST. PETE!! BUYER WILL NOT BE DISAPPOINTED.
Full Property Details
Full Property Details for 255-257 38th Ave SE
General
- Sold For: $214,000
- Taxes: $1,706 (2015)
- Status: Closed
- Type: Multi-Family
- MLS ID: U7783918
- Added to Site: 2, 847 day(s) ago
Interior
- Interior Features: Attic, Blinds/Shades, Ceiling Fan(S), Skylights, Smoke Alarm(S), Living Room/Dining Room Combo
- Appliances/Equip: Hot Water Electric, Microwave, Range, Refrigerator
- Flooring: Terrazzo
Rooms
Bathrooms
- Primary Bathroom: Tub With Shower
Other Rooms
- Kitchen: Pantry
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Tennis: Yes
Exterior
- Exterior Features: Mature Landscaping, Patio/Porch/Deck Covered, Storage, Utility Shed
Parking
- Carports: Yes
- Parking Features: 2 Car Carport
- Garage Description: Assigned Parking, Attached, Covered Parking, Washer/Dryer Hookup
Location
- Area: St Pete
- County: Pinellas
- Township: 31
- Subdivision: LEWIS ISLAND SEC 3
- Driving Directions: East on 39th Ave SE, Left on Marlin Dr, Left on 38th Ave SE to address on left (Duplex, 255 and 257)
- Direction Faces: Northeast
- Location Details: Close to Bus Line, In City Limits, Level, Street Paved
Community
- Community Features: Park, Playground, Public Boat Ramp, Tennis Courts, Waterfront Complex
- Home Owners Assn.: Optional
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central, Electric
Utilities
- Utility Description: Cable Connected, City Water, Electric, Public Sewer, Public Utilities
Structural Information
- # Buildings: 1
- Architectural Style: Ranch
- Description/Design: 1 Level, Duplex
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Square Feet: 1,560
- Sq. Ft. Source: Public Records
- Year Built: 1959
Unit Information
- 2 Bed/1 Bath Units: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,599
- Lot Size Range: Up to 10, 889 Sq. Ft.
- Lot Dimensions: 75 x 92
Green Features
- Indoor Air Quality: No/Low VOC Paint/Finish
- Water Conservation: High Eff. (Low Flow) Toilet
Financial Considerations
- Price Per Sq. Ft.: $144.17
- Security Deposit: $1,200
- Tax Amount: $1,706
- Tax Year: 2015
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LEWIS ISLAND SEC 3 BLK 17, LOT 7
- Flood Zone Info: AE
- APN: 31-31-17-51498-017-0070
- Plat: 50-54
- Section: 31
- Block: 17
- Lot Number: 7
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Schools
Schools serving 255-257 38th Ave SE
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4151 6th St S, St Petersburg, FL 33705 | PK-5 | 0.6 mi | |
2151 62nd Ave S, St Petersburg, FL 33712 | 6-8 | 2.3 mi | |
1400 54th Ave S, St Petersburg, FL 33705 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 255-257 38th Ave SE
Date
Details
Price
Change
Source
11/03/2016
Sold
$214,000
-4.85%
MLS
7/07/2016
Listed
$224,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
255-257 38th Ave Se, Saint Petersburg, FL 33705 (MLS# U7783918) is a Multi-Family property that was sold at $214,000 on November 03, 2016. This property was listed by Jim Blackmon from our St. Pete Northeast Office.Want to learn more about 255-257 38th Ave Se? Do you have questions about finding other Multi-Family real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.