Florida Logo

487 36th Avenue, Saint Petersburg, FL 33704

Multi-Family Home For Sale

487 36th Avenue, Saint Petersburg, FL 33704 House For Sale - MLS #T2871421
Off the Market
$220,000
Multi-Family
3 Family
This listing is courtesy of Thomas Buscemi from Bhhs Florida Properties Group

Property Description for 487 36th Avenue, Saint Petersburg, FL 33704

HUGE INVESTMENT opportunity in the HEART OF ST. PETE! Looking for a CASH COW property that PAYS FOR ITSELF? Well, look no further! This HIGH-YIELDING property consists of a main 2 bedroom, 1 bathroom home, which features a newly landscaped front yard, charming screened-in front porch, spacious living room, renovated kitchen with wood cabinets and granite counters, tile throughout for easy maintenance, an enclosed Florida Room in the rear and a side covered patio off the kitchen. Out back, you'll find the DETATCHED APARTMENT/mother-in-law suite. This space is divided into 2 rental properties- 1 bedroom/1bath apartment and a Studio apartment. Apartments are BLOCK and feature tile floors and a brand NEW ROOF! The beauty of this property is the flexibility and POTENTIAL it provides. All 3 spaces are tenant occupied. So, everything is already in place for you to just sit back and COLLECT RENT ($2500/mo. to be exact)! CAP RATE OF 9.4%! Another option in the future could be to live in the main house and rent out the apartment spaces to supplement your mortgage. Currently, the 2 apartments bring in over $1,000 per month! Don't let this RARE opportunity in one of the HOTTEST St. Pete neighborhoods pass you by! Conveniently located minutes to Downtown St. Pete, I275, Beaches, Tropicana Field and only blocks from all the new trendy bars/restaurants the 4th Street district has to offer! Schedule your showing today as this one will be gone soon! Move-In Ready and PRICED TO SELL!!

Interior Details

Dishwasher; Range; Refrigerator
Blinds/Shades; Smoke Alarms; Washer/Dryer Hookup

Exterior Details

0.13 acres
5,632 sq. ft.

Other Details

T2871421
1953
Electric; Public Sewer; Public Utilities; Street Lights
Bridgeway Add
Create a free account to see additional details for this home (school information, taxes, exterior details, etc...)

Request more information or Schedule an Appointment

We are dedicated to meeting all your needs in a prompt manner. In most cases, we will call you back the same day or at the most 24 hours. You can also reach us at 904-335-8811 or email us at sales@floridastatehomes.com.








Create a free account for me

Homes For Sale Near 487 36th Avenue, Saint Petersburg, FL 33704

501 35th Avenue, Saint Petersburg, FL 33704 Home For Sale - MLS #U7826770 $325,000
Single Family
3 Bed, 2 Bath
26 Photos
426 39th Avenue, Saint Petersburg, FL 33703 Home For Sale - MLS #U7832674 $164,900
Single Family
3 Bed, 1.5 Bath
13 Photos
521 34th Avenue, Saint Petersburg, FL 33704 Home For Sale - MLS #U7836586 $415,000
Single Family
3 Bed, 2 Bath
15 Photos
621 34th Avenue, Saint Petersburg, FL 33704 Home For Sale - MLS #U7836163 $339,900
Single Family
4 Bed, 2 Bath
17 Photos
621 34th Avenue, Saint Petersburg, FL 33704 House For Sale - MLS #U7838523 $339,900
Multi-Family
18 Photos

Listings Similar to 487 36th Avenue, Saint Petersburg, FL 33704

$2,145,000 10814 Navajo Drive, Saint Petersburg, FL 33708 House For Sale - MLS #U7771835
Posted 13 months ago

Property consists of 9 duplex buildings with 18 updated apartments. All units are fully occupied and have tile floors updated kitchens and baths. Some units have stacked washer/dryers in the unit. Property has onsite laundry room with coin operated machines. Some apartments have views of the lake. The property has mature landscaping, a dock and ample parking.




$159,900 2537 4th Street, Saint Petersburg, FL 33705 House For Sale - MLS #U7829338
Posted 13 months ago

Income producing triplex located just minutes from downtown St. Petersburg and everything it has to offer. This property is 100% occupied and generating great income. The seller has priced this property to sell, call today!




$734,000 236 6th Avenue, Saint Petersburg, FL 33701 House For Sale - MLS #A4195375
Posted 13 months ago

INCREASED REVENUE! REDUCED PRICE! OLD NORTHEAST APARTMENTS, BEHIND THE HISTORIC PALLADIUM THEATER. BUILDING HAS NEW ROOF (7/2017) WITH WARRANTY AND ACTIVE TERMITE POLICY IN PLACE. FULLY LEASED! Excellent opportunity to own an Investment/Income Producing Property in Historic Downtown St. Petersburg! Just Blocks from Beach Drive! The Main building faces 6th Ave and has 4 tenants. The highlight of...

Read More


$110,000 Saint Petersburg, FL  House For Sale - MLS #O5550899
Posted 13 months ago

Short sale: Great opportunity to put a little work into this home and have yourself a decent income earner. Property includes 3 1/1 units , with good rental history (one tenant has been there 20 years!)..Property needs some work but worth putting money into. Worth the wait for this short sale. Buyer and buyer agent to verify all data/measurements and do their own due diligence.




My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


(20%)

Monthly Mortgage Payments

$999
$1,392

Town Description

St. Petersburg (often shortened to St. Pete or The Burg) is a city in Pinellas County, Florida, United States long known as a vacation destination for both American and foreign tourists. As of 2008,...

Read More