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809 & 809 1/2 4th AVENUE N, St. Petersburg, FL, 33701 | $1,999,900
Come check out this incredible investment opportunity! This thriving property operates as a cash-generating Airbnb with seven units, offering both long-term and short-term rental income. Here are some facts:
Building 809 4th Avenue North has 4 studios, Rosa Parks studio 464 sf (first floor), Luisa studio 432 sf (second floor), Victoria studio 232 sf (second floor), Carlota studio 260 sf (second floor). Total of square footage on Main building is 1, 388 sf. All Units have a mini split AC unit with cold/heat air, individual electric breaker box and shut off water valve and tank less water heater. They are completely furnished, Wi-Fi network. Well organized for short-term rental. Unit 5 has 815 sf with a solar room/ has 2 bedrooms and 1 bath with washer and dryer.
Building 809 ½ 4th Ave. North Studio A 395 sf first floor. Apartment B 575 sf. Second floor Total of square footage on second building 1, 150 sf. Both units have mini split with cold/heat air, completely furnished. Property has an on-site laundry room for guest/tenant.
This Property is a turnkey for anyone who is looking to run the business as a short-term rental, we have a Licenses from the State as a Hotel and Restaurant. The property has been upgraded in 2017 to electrical, plumbing, floors, bathrooms and fire alarm systems.
This bungalow is one of the unique properties located on uptown St Pete, zoning for DC-2
Multifamily. This hassle-free investment offers significant income potential in an amazing location near
vibrant Downtown St. Pete, recognized as one of the top dining destinations in the U. S. Enjoy
proximity to the newly developed St. Pete Pier, as well as scenic bike and walking trails. With no
rental restrictions, all furnishings included, and located in a NO FLOOD zone, this property is
truly a turnkey investment. Plus 4 designated parking spaces located next to the back building.
Features
- Units: 7
- Lot Size: 44 x 134
- Laundry: Common Area
- Year Built: 1925
- Garage: Open
- Heating: Electric, Wall Units / Window Unit
- Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
- Approx Sq. Feet: 3,289
- Acreage: 0.14
- Lot Size: 44 x 134
- Est. Taxes: $8,315
- Lot Desc: City Lot, Near Public Transit
- View: City
- MLS#: T3551172
- Days on Market: 62 days
- Website: https://www.raveis.com
/prop/T3551172/809and809124thavenuen_stpetersburg_fl?source=qrflyer
Listing courtesy of Redfin Corporation Phone: 617-458-2883
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
809 & 809 1/2 4th AVENUE N, St. Petersburg, FL, 33701
$1,999,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,599,920 | $1,599,920 | $1,599,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
| Monthly Tax Payment | $693 | $693 | $693 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,244 | $10,377 | $14,047 |
| Total Monthly Payment | $11,062 | $11,195 | $14,865 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388