Seller Financing
Address
8119 46TH AVENUE N St Petersburg, FL
Price
$ 599,000
Property Attributes
  • MLS#U8095050
  • TypePending
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete-Kenneth City
  • Zip33709
  • Style
  • Taxes$ 3861
  • Price$ 599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.69 Acres
Listing Provided Courtesy Of:
ELITE TAMPA BAY REALTY LLC
Data Source:
Stellar MLS
Property Description

THIS ONE-OF-A-KIND DEVELOPMENT OPPORTUNITY IS LOCATED IN SAINT PETERSBURG, JUST MINUTES FROM MADEIRA AND REDINGTON BEACH! THE PROPERTY CONSISTS OF A .80 ACRE LOT WHICH IS ALREADY ZONED FOR RESIDENTIAL USE, AND PERFECT FOR THE DEVELOPMENT OF A BRAND-NEW MULTIFAMILY BUILDING. THE SITE CAN FIT APPROXIMATELY 20 MULTIFAMILY UNITS AROUND 800 S/F EACH. THE BEST PART OF THIS DEAL IS THE FACT THAT THE SELLER IS OFFERING AMAZING SELLER FINANCING! THIS NOT ONLY HELPS REDUCE THE INITIAL AMOUNT OF CASH NEEDED AT CLOSING, BUT THE LOW MONTHLY DEBT SERVICE WILL HELP THE BUYER REDUCE MONTHLY EXPENSES THROUGHOUT THE FIRST 5 YEARS! 20-UNIT DEVELOPMENT OPPORTUNITY IN BEAUTIFUL ST. PETERSBURG, FL, 25% DOWN, 4.75% FIXED IR INTEREST-ONLY PAYMENTS OR 30-YEAR AMORTIZATION.5- YEAR BALLOON, CASH-ON-CASH RETURN OF OVER 15% BY 2021, STRUCTURES AND TREES ON-SITE ARE EASILY REMOVABLE, MAKING THIS DEVELOPMENT OPPORTUNITY EVEN BETTER, MINUTES FROM MADEIRA AND REDINGTON BEACHES, MASSIVE DEMAND FOR APARTMENT RENTALS IN THIS AREA, MAKING THIS AN IDEAL LOCATION FOR A NEW DEVELOPMENT!

Price History
5/18/2021 Listed $599,000

General Features

Additional Parcels Y/N No
Association Y/N No
Building Area Units Square Feet
City ST PETERSBURG
County Pinellas
Current Use Residential
Days on Market 250
Directions 46th avenue north and park street to address
Disclosures None
For Lease YN No
MLS Area 33709 - St Pete/Kenneth City
Ownership Fee Simple
Property Type Land
Sewer Public Sewer
Standard Status Pending
Status Pending
Street Name 46TH
Tax Annual Amount 3861.37
Tax Year 2020
Township 31
Utilities Cable Available, Public, Sewer Connected
Water Access YN No
Zoning R-4

Interior Features

Flood Zone Code Zone X
Front Footage 100
Living Area Units Square Feet
Street Suffix AVENUE

Exterior Features

Lot Dimensions 100x300
Lot Size Acres 0.69
Lot Size Square Feet 29948
Number of Lots 1
Water Extras YN No
Water Source Public
Water View YN No
Waterfront Y/N No
Zoning Compatible YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33709

Price
AVG $280K
$600K
Taxes
AVG $2,016
$3,861
Visits
AVG 125
646
Walkscore
AVG 43
51
Data Provided by Walkscore ® not using MLS data

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