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4625 Xenia Street N, Saint Petersburg, FL 33714
$650,000
4625 Xenia Street N, Saint Petersburg, FL 33714View this property at 4625 Xenia Street N, Saint Petersburg, FL 33714
4625 Xenia Street NSaint PetersburgFL33714
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Property Description
**INVESTMENT OPPORTUNITY** Average income - $215/week , NET - $65,000 - $70,000 annually. Welcome to your next income-producing investment opportunity! This property presents an exceptional chance to secure a steady return with an impressive 11% Cap Rate post-operating expenses. Comprising two units on a single lot, this investment gem offers versatility and stability. The primary unit boasts a spacious layout featuring 5 bedrooms and 3 bathrooms, while the secondary unit offers 4 bedrooms and 2 bathrooms. Currently operating under a group living model, the property is fully stabilized with a 100% occupancy rate. Each occupant enjoys the luxury of their own individual sleeping quarters equipped with a TV, promoting privacy and comfort. Common areas include well-appointed kitchen and laundry spaces, fostering a sense of community among tenants. TWO other buildings adjacent are also available for purchase-each also with a 11% cap rate. Recently renovated to the highest standards, this property exudes modern elegance and functionality. Highlights of the renovation include premium vinyl flooring, sleek stainless steel appliances, luxurious quartz countertops, glass shower enclosures, and the convenience of in-unit washer/dryer setups. Furthermore, the units come fully furnished, complete with TVs, ensuring an attractive offering for tenants seeking convenience and style. This investment opportunity is tailored for passive income seekers, with streamlined management processes in place for your peace of mind. An online booking platform facilitates tenant reservations, while an experienced management company handles all on-the-ground operations, from maintenance requests to tenant inquiries. With a robust Cap Rate of 11%, this investment is not only lucrative but also inclusive of all associated fees. From Padsplit marketing and portal expenses to on-the-ground management services, utilities (including WiFi), taxes, and insurance - everything is comprehensively covered. Don't miss out on this turnkey investment opportunity offering both exceptional returns and hassle-free management. Take advantage of the potential for long-term financial growth and schedule your viewing today!
Full Property Details
Full Property Details for 4625 Xenia St N
General
- Price: $650,000
- Taxes: $4,284 (2023)
- Status: Active
- Type: Single Family
- MLS ID: T3523162
- Updated: 5/6/2024
- Added to Site: 14 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Eating Space In Kitchen
- Appliances: Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Parking
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
Location
- Area: 33714 - St Pete
- County: Pinellas
- Development Name: 33714 - St Pete
- Subdivision: LAKESIDE SUB
- Driving Directions: Take the exit toward St Petersburg onto I-275 S (SR-93). Go for 13.3 mi. Then 13.3 miles Take exit 26 toward 54th Ave N/Kenneth City/US-19/Lealman onto 54th Ave N. Go for 0.5 mi. Then 0.5 miles Turn left onto Haines Rd N (SR-689). Go for 0.3 mi. Then 0.3 miles Turn right onto 24th St N. Go for 0.3 mi. Then 0.3 miles Turn right onto 46th Ave N. Go for 223 ft. Then 0.04 miles Turn right onto Xenia St N. Go for 203 ft. Then 0.04 miles 4625 Xenia St N St Petersburg, FL 33714-3210
- Direction Faces: North
Community
- Community Name: 33714 - St Pete
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Cable Connected, Electricity Available, Electricity Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,158
- Sq. Ft. Source: Owner
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,212
- Lot Size: 6212
- Street/Road Desc.: Paved
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $4,284
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKESIDE SUB BLK 1, LOT 23 & S 1/2 OF LOT 22
- Flood Zone Info: A
- Disclosures/Reports: Seller Property Disclosure
- APN: 23116486360010230
- Property ID: 23116486360010230
- Block/Lot/Section: 1
Listed by Homan Realty Group Inc
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Schools
Schools serving 4625 Xenia St N
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4001 58th Ave N, St Petersburg, FL 33714 | PK-5 | 1.5 mi | |
6050 16th St N, St Petersburg, FL 33703 | 6-8 | 1.1 mi | |
5500 16th St N, St Petersburg, FL 33703 | 9-12 | 0.7 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 4625 Xenia St N
Date
Details
Price
Change
Source
5/06/2024
Listed
$650,000
25%
MLS
6/29/2023
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4625 Xenia St N
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,284
15%
$230,067
36%
2022
$3,715
6%
$168,778
16%
2021
$3,513
—
$145,238
15%
2021
$3,513
15%
$126,832
8%
2019
$3,056
9%
$117,383
10%
2018
$2,796
—
$106,712
1%
2017
$2,795
10%
$105,327
3%
2016
$2,551
8%
$102,351
12%
2015
$2,352
9%
$91,275
13%
2014
$2,150
6%
$80,532
7%
2013
$2,020
—
$75,073
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4625 Xenia St N
4625 Xenia Street N, Saint Petersburg, FL 33714 (MLS# T3523162) is a Single Family property with 9 bedrooms and 5 full bathrooms. 4625 Xenia Street N is currently listed for $650,000 and was received on May 06, 2024. Want to learn more about 4625 Xenia Street N? Do you have questions about finding other Single 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.