About 1400 Gandy Boulevard N 803
Income-producing condominium opportunity in St. Petersburg with an established tenant currently generating $2,000 per month in rental income. The property provides investors with immediate in-place income while retaining the flexibility to be purchased independently of the broader portfolio. The property is being marketed individually at $170,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Features of 1400 Gandy Boulevard N 803
| MLS® # | TB8547225 |
|---|---|
| Price | $161,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 985 |
| Year Built | 1986 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Listing Details
| Office | COMPASS FLORIDA LLC |
|---|
Listing Map
Neighborhood Information for 1400 Gandy Boulevard N 803
Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Promiseland Christian School Private - Preschool to Kindergarten |
0 Miles | |
|
Sawgrass Lake Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Liberty Christian School Private - Preschool to 5Th Grade |
1 Miles | |
|
Lynch Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Holy Family Catholic School Catholic - Preschool to 8Th Grade - Closest Middle School |
2 Miles | |
|
Meadowlawn Middle School Public - 6Th Grade to 8Th Grade |
2 Miles | |
|
|
St Petersburg Christian School Private - Kindergarten to 8Th Grade |
2 Miles |
School data provided by GreatSchools