Price Reduced 3.59%
Price History
$725,000
5/24/2024
$699,000
6/25/2024
6400 Pelican DRIVE S, St. Petersburg, FL, 33707
6 rooms
3 beds
2 Full baths
1953
1,768 sqft
Investor’s Dream! High-Yield 3-Bedroom Oasis with Pool! Discover an unparalleled investment opportunity with this stunning 3-bedroom, 2-bathroom property, perfectly situated in an unincorporated area in St Petersburg FL, ideal for short-term rentals. This charming home boasts a beautiful pool oasis, offering guests a serene retreat just minutes from Florida's famous sandy beaches and local attractions. Split floor plan, with an oversized primary suite and an open floor plan with the kitchen, dining, and family room all in one. Great for entertaining! Currently generating over $90,000 annually, this property has a cap rate of approximately 9%, with even greater potential for increased revenue. Its strategic location and desirable amenities make it a standout choice for savvy investors looking to maximize their returns. Others in the neighborhood have been producing over 150k a year putting that over a 10% cap rate. Don’t miss out on this rare chance to own a high-performing asset in a prime rental market. Contact us today to learn more and schedule a viewing!
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Laundry Room
Subdivision:
PELICAN CREEK SUB
Heating:
Central, Electric
Cooling:
Central Air
Levels:
1
Lot Size:
85 x 100
Acreage:
0.2
Est. Taxes:
$7,325
Construction
Brick
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Days on Market:
32
Pet Policy:
Cats OK, Dogs OK
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
Pool:
Heated, In Ground
Min Lease Term:
1-7 Days
MLS #:
U8244006
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of GULFPORT REALTY Phone: 727-289-5500