#TB8324802, Andrei Dovgopolyi, Listing Office: FUTURE HOME REALTY INC
$3,858
closing credit¹
905 James Ave S Saint Petersburg, FL 33705
Property details
About 905 James Ave S
Prime Investment Opportunity in St. Petersburg, FL PROPERTY HIGHLIGHTS....This unique single-family home is an investor’s dream, offering 3 distinct rental units. Each unit is currently occupied by high-quality, reliable tenants. Situated in a high-demand, transitional neighborhood that’s rapidly appreciating on a large lot. This property is perfect for those seeking long-term growth and steady income......... All major furnishings & appliances are the owner’s and will convey. Tenants’ items DO NOT convey. The side unit has a washer & dryer and the other 2 units share a washer & dryer. Each unit has 1 off street parking space. Roof 2024, Hot-water Heater 2023, Termite Treatment 2022. ANNUAL LEASES IN PLACE..... NOT in a flood zone..... HUGE LOCATION POTENTIAL Located just under a mile from vibrant downtown St. Petersburg, this property offers unparalleled convenience. This prime location ensures that residents have convenient access to cultural, recreational, and essential services while also being close to grocery stores, shopping and amazing restaurants. This enhances the property's appeal to potential tenants. INVESTOR BENEFITS * Turnkey income: With three excellent, annual lease tenants already in place, enjoy immediate cash flow.... * Rapid appreciation: The neighborhood’s ongoing transformation adds significant potential for equity growth.... * Low vacancy risk: The location ensures consistent demand.... * Current GROSS INCOME $51,600......NET INCOME $32,985.... * CAP Rate 10 percent..... Whether you're a seasoned investor or new to the market, this property offers the perfect combination of LOCATION, STABILITY, and GROWTH POTENTIAL. Secure your investment opportunity today! .......Contact us now for more details or to schedule a private tour! CASH ONLY
Highlights
Summary
- MLS Number: TB8330624
- MLS Name: MFRMLS
- Office Name: EXP REALTY LLC
- Office Phone: (888) 883-8509
- Listing Agent: Laura Marie
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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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![view of front of property](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRTB8330624/676070df041a421a5f537d8f.jpg?version=1734374456&width=640)
$324,900
905 James Ave S
$3,858
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 13, 2020 | Home Sold | $100,000 |
Mar 20, 2019 | Home Sold | $81,000 |
Mar 11, 2019 | Home Sold | $70,000 |
Aug 19, 2011 | Home Sold | $35,000 |
May 18, 2011 | Home Sold | $20,000 |
Dec 06, 2004 | Home Sold | $120,000 |
Jan 30, 2004 | Home Sold | $52,500 |
Dec 15, 2000 | Home Sold | $75,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $126,988 | $2,521 |
2022 | $112,801 | $1,988 |
2021 | $85,034 | $1,988 |
2020 | $77,604 | $1,787 |
History based on county public records data.
Nearby schools
4
Campbell Park Elementary
Public District PK-5
0.3 mi
•1051 7th Ave S
7
Midtown Academy
Public Magnet KG-5
0.5 mi
•1701 10th St S
4
Melrose Elementary
Public Magnet PK-5
0.6 mi
•1752 13th 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 $43,906. Most Saint Petersburg, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 905 James Ave S in Saint Petersburg, FL and zip code 33705 in the Campbell Park neighborhood. This 1,402 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $324,900.
Saint Petersburg, FL housing market in January 2025 saw over 21 listings sold above listed price, more than 60 sold at listed price and over 228 sold below. 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.