Homes for sale - 801 18TH ST S, St Petersburg, FL 33712

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 920 sqft

Price per Sqft $233

Subdivision Clayo Sub

MLS Listing ID TB8432566

Bedrooms 3

Full Baths 1

Year Built 1948

Annual Tax Amount $2,767

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

Property Description

TURNKEY INVESTMENT PROPERTY - EXCEPTIONAL SINGLE-FAMILY RENTAL. This well-maintained 3-bedroom, 1-bathroom home offers immediate cash flow with an established, reliable tenant in place. Perfect for investors seeking a hassle-free addition to their portfolio. PROPERTY HIGHLIGHTS: Monthly Rental Income: $2,127 (Annual: $25,524). Stable Tenancy: Section 8 voucher recipient with annual lease agreement. Move-in Ready: Tenant occupied and cash-flowing from day one. RECENT MAJOR UPDATES: Newer Roof - Long-term protection and peace of mind. Updated HVAC System. Newer Water Heater. Complete Cosmetic Renovations - Fresh updates inside and out. INVESTMENT ADVANTAGES: Guaranteed Income through Section 8 program. Low Maintenance with recent major system updates. Established Rental History with quality tenant. Strong Rental Market in desirable St. Petersburg area. LOCATION BENEFITS: Situated in the sought-after 33705 area of St. Petersburg, this property benefits from the city's continued growth and urban revitalization. The area has shown consistent property value appreciation with the local rental market remaining strong, supported by St. Petersburg's expanding job market and cultural attractions. FINANCIAL PERFORMANCE: Gross Annual Income: $25,524. Immediate Cash Flow from established tenancy. Section 8 Program provides rental payment security. Recent Updates minimize future capital expenditures. IDEAL FOR: Buy-and-Hold Investors seeking stable returns. First-Time Rental Property buyers (turnkey ready). Portfolio Diversification with single-family residential. 1031 Exchange opportunities. Out-of-State Investors wanting hands-off management. This property represents a rare opportunity to acquire a fully-updated, income-producing single-family home with immediate positive cash flow. The combination of recent major improvements, established Section 8 tenancy, and prime St. Petersburg location creates an exceptional investment opportunity.
Key Investment Metrics: Stable monthly income of $2,127. Recent capital improvements completed. Reliable tenant with government-backed rental assistance. Growing market with strong fundamentals. Don't miss this turnkey investment opportunity - Quality cash-flowing properties with established tenants are increasingly rare in today's competitive market!

Location

State FL

County Pinellas

Community Clayo Sub

Area 33712 - St Pete

Interior

Heating Central,Electric

Cooling Central Air

Flooring Tile

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Other,Sidewalk

Garage Spaces 1.0

Utilities Available Cable Connected,Electricity Connected,Sewer Connected,Water Connected

Roof Type Shingle

Building

Lot Description City Limits,Level,Near Public Transit,Sidewalk,Paved

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Frame

New Construction false

Others

Acceptable Financing Cash,Conventional,Private Financing Available

Listing Terms Cash,Conventional,Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8432566