$269,000
$279,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1,508 SqFt
SOLD DATE : 07/26/2021
Key Details
Sold Price $269,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,508 sqft
Price per Sqft $178
Subdivision Coral Heights Sub
MLS Listing ID U8114055
Sold Date 07/26/21
HOA Y/N No
Year Built 1945
Annual Tax Amount $3,136
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x110
Property Description
Great Investment Opportunity !!! WE WILL ACCEPT ONLY CASH OFFERS 30 DAYS CLOSING !!!! Duplex in block , 2 unit 2/1 in great conditions. Central AC units , laundry room. Listed under market price value , currently the Unit 1 is rented under market price $820.00 and Unit 2 is $1,020.00 . The market rental price is $ 1,280.00 water included. Both alease agreement will expire in September 2021 and will be possible increase it to $ 1,280.00 for each unit. The total gross will be $ 30,720.00 , the net $ 25,783.00 . Great cap rate for a duplex located in North Pinellas , almost 9% !!!! The property is located 7.3 miles from Indian Rocks Beach , 17 miles from Tampa International Airport , 16 miles from St Petersburg Downtown and 10 miles from Clearwater Beach. In only 20 minutes you can get to the best locations in the area.
Location
State FL
County Pinellas
Community Coral Heights Sub
Zoning R-4
Interior
Heating Electric
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Electricity Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with RE/MAX ACTION FIRST OF FLORIDA