966 22nd Ave S Saint Petersburg, FL 33705
Property details
About 966 22nd Ave S
Investment Opportunity: 20-Unit Apartment Complex with Strong Cash Flow Potential Lakeview Apartments In St. Petersburg this 20-unit apartment complex offers an outstanding investment opportunity with a proven track record. Built in 2008, the property features spacious, 2-bedroom, 2-bath units, all-tile flooring ensures low maintenance and durability for years to come. Key Investment Highlights: • 20 Units: 2-bedroom, 2-bathroom, all-tile units designed for easy upkeep and long-term appeal. • Occupancy of available units: The complex is consistently fully leased, demonstrating a strong demand for rental units and excellent property management. • Average Rent: Current rent is $1,317 for 19 apartments, offering reliable, above-average rental income potential. • Cap Rate of 5.3: A solid return on investment with room for rental increases and value enhancement over time. • Flood Zone X: Located in a low-risk flood zone for added peace of mind. • Built in 2008: Modern construction ensures minimal repairs and maintenance, with updated amenities for tenants. Call for details.
Highlights
Virtual tour
Summary
- MLS Number: TB8334819
- MLS Name: MFRMLS
- Office Name: VINTAGE REAL ESTATE SERVICES
- Office Phone: (813) 684-0001
- Listing Agent: John Hatcherian
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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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$3,500,000
966 22nd Ave S
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 03, 2005 | Home Sold | $295,000 |
| Nov 19, 2004 | Home Sold | $130,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,260,000 | $25,021 |
| 2022 | $1,260,000 | $24,537 |
| 2021 | $1,100,000 | $24,537 |
| 2020 | $1,025,000 | $23,123 |
History based on county public records data.
Nearby schools
7
Midtown Academy
Public Magnet KG-5
0.4 mi
•1701 10th St S
4
Melrose Elementary
Public Magnet PK-5
0.8 mi
•1752 13th Ave S
5
Perkins Elementary School
Public Magnet PK-5
1.0 mi
•2205 18th 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 $29,085. Typical income of Saint Petersburg, FL residents is less than $<35k annually. 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?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
This home is located at 966 22nd Ave S in Saint Petersburg, FL and zip code 33705 in the Lake Maggiore Shores neighborhood. This 17,600 square foot home, which was built in 2008, sits on a 1.37 acre lot. Features: 40 bedrooms, 40 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $3,500,000.
While more than 21 listings in Saint Petersburg, FL in January 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 228 were sold below. The number of homes for sale in Saint Petersburg, FL increased by 10.9% between December and January 2025. Listings spent 56 days on the market in January 2025, and had a median list price of $431,000 during the same period.