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966 22ND AVENUE S

Multi-family For Sale
$3,700,000

BTC: 35.61116458

ETH: 1,001.89547793

2 days
40 bds
17,600 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • SAINT PETERSBURG • 33705 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
2008
Lot:
1.37 Acres
Heating:
Central
Price/sqft:
$210
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 40

  • Property

    • Levels: One

    • Exterior Features: Fenced / Private Mailbox / Sidewalk

    Lot

    • Lot: 1.37 Acres

    Other Property Information

    • Parcel Number: 363116490140000450

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Electricity Available

    • Electricity Connected

    • Sewer Connected

    • Water - Multiple Meters

    • Water Connected

  • Other financial information

    • Annual tax amount: $24,882

  • Source details

    • MLS ID: TB8334819

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Window Features: Window Treatments

    • Living Area: 17600

    • Water Source: Public

    • Lot Size Dimensions: 200 x 255 + 192 x 45

    • Subdivision Name: LAKEVIEW MANOR

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: VINTAGE REAL ESTATE SERVICES