Video tour
$10,000 Closing Credit¹
#U8248954, Manjur Ahmed, Listing Office: CHARLES RUTENBERG REALTY INC
$3,978
closing credit¹
1501 Newark St S Saint Petersburg, FL 33711
$335,000 List price
$3,978
Closing credit¹
5 beds
2 baths
1,174 sqft
0.1 acres
$285 / sqft
Multi-Family
Property details
About 1501 Newark St S
DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the roof, HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,174 sqft
Lot size0.11 Acres
Year built1925
MLS #TB8339777
Virtual tour
Summary
- MLS Number: TB8339777
- MLS Name: MFRMLS
- Office Name: INSTA REAL ESTATE SOLUTIONS
- Office Phone: (813) 586-0654
- Listing Agent: Charles Rountree, P.A.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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: 2/6/2025, 9:19:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$335,000
1501 Newark St S
$3,978
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 07, 2022 | Home Sold | $185,000 |
| Oct 27, 2017 | Home Sold | $85,000 |
| Mar 08, 2017 | Home Sold | $62,500 |
| Jul 20, 2016 | Home Sold | $50,000 |
| Jul 13, 2015 | Home Sold | $33,000 |
| May 15, 2015 | Home Sold | $25,000 |
| Apr 05, 2012 | Home Sold | $62,000 |
| Apr 04, 2012 | Home Sold | $37,000 |
| Jul 27, 2009 | Home Sold | $32,500 |
| Sep 27, 2006 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $173,889 | $3,453 |
| 2022 | $126,167 | $2,199 |
| 2021 | $93,535 | $2,199 |
| 2020 | $92,850 | $1,966 |
| 2019 | $79,971 | $1,723 |
| 2018 | $75,484 | $1,639 |
| 2017 | $65,438 | $1,440 |
History based on county public records data.
Nearby schools
6
Douglas L. Jamerson Jr. Elementary School
Public Magnet PK-5
0.4 mi
•1200 37th St S
2
Fairmount Park Elementary
Public District PK-5
0.7 mi
•575 41st St S
3
Gulfport Elementary
Public Magnet KG-5
1.0 mi
•2014 52nd St 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 $35,750. The most common annual income of people living in Saint Petersburg, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
50%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
47%
Single, No Kids
33%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
11%
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
Similar homes for sale
This home is located at 1501 Newark St S in Saint Petersburg, FL and zip code 33711 in the Twinbrooks neighborhood. This 1,174 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $335,000.
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. Between December and January 2025, Saint Petersburg, FL real estate market has seen increase in the number of listings by 10.9%. While the average time on the market in January 2025 was 56 days, the median list price was $431,000.
From Rocket Homes Real Estate and based on county public records data.