Video tour
$8,164 Closing Credit¹
#U8252465, Bill Munette, Jr, Listing Office: WORTH CLARK REALTY
$8,253
closing credit¹
1002 18th Ave S Saint Petersburg, FL 33705
$695,000 List price
$8,253
Closing credit¹
4 beds
3 full
2,342 sqft
0.1 acres
$297 / sqft
House
Property details
About 1002 18th Ave S
This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,342 sqft
Lot size0.15 Acres
Year built1920
MLS #U8231688
Virtual tour
Summary
- MLS Number: U8231688
- MLS Name: MFRMLS
- Office Name: MELANGE REAL ESTATE INC
- Office Phone: (813) 303-0005
- Listing Agent: Mark Nathwani
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$695,000
1002 18th Ave S
$8,253
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 18, 2016 | Home Sold | $55,000 |
| Jun 23, 2000 | Home Sold | $42,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $221,188 | $4,392 |
| 2022 | $170,636 | $2,956 |
| 2021 | $131,568 | $2,956 |
| 2020 | $113,928 | $2,673 |
| 2019 | $74,484 | $1,742 |
| 2018 | $67,713 | $1,482 |
| 2017 | $61,557 | $1,355 |
History based on county public records data.
Nearby schools
7
Midtown Academy
Public Magnet KG-5
0.1 mi
•1701 10th St S
4
Melrose Elementary
Public Magnet PK-5
0.7 mi
•1752 13th Ave S
4
Campbell Park Elementary
Public District PK-5
0.8 mi
•1051 7th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,705. The most common annual income of people living in Saint Petersburg, FL is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
55%
<35k
29%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1002 18th Ave S
This home is located at 1002 18th Ave S in Saint Petersburg, FL and zip code 33705 in the Cromwell Heights neighborhood. This 2,342 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $695,000.
Over 21 listings were sold over their listed price in January 2025 in Saint Petersburg, FL. In the same period over 228 listings were sold below the listed price and 60 listings were sold for the listed price. The number of listings in Saint Petersburg, FL increased by 10.9% between December and January 2025. In January 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $431,000.
From Rocket Homes Real Estate and based on county public records data.