$161,000
1400 GANDY BOULEVARD N #803
ST PETERSBURG, FL 33702
Estimated payment $2,114/month
includes HOA $725/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
Highlights
About This Home
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.
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:3
- •Bathrooms:2
- •Full bathrooms:2
- •Half bathrooms:0
Heating
- •Has Heating:Yes
Interior area
- •Total structure area:985 sqft
- •Total interior livable area:985 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:N/A
Details
- •Parcel number:N/A
Type & style
- •Home type:Condominium
- •Property subtype:Residential
Materials
- • N/A
Condition
- •Year built:1986
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Price history
| Date | Event | Price |
|---|---|---|
| 2026-09-10T00:00:00.000Z | Listed for sale | $161,000$163/sqft |
Listing Agent
Zach Steinberger
COMPASS FLORIDA LLC
Brokerage Phone: 727-380-2067
Source: Stellar MLS · MLS #TB8547225
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