421 11th Avenue Ne, St Petersburg, FL 33701

$1,499,000
2,532
SqFt
Sold Price
$1,499,000
List Price
$1,595,000
Status
Sold
Days on Market
75
Closing Date
May 15, 2023
MLS#
U8188684
Property Style
Quadruplex
Year Built
1940
Living Area
2,532
Lot Size
7,884
Acres
0.18
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bay Front Sub
MLS Area Major
St Pete

Property Description

This prime Historic Old Northeast treasure exudes charm, sophistication and historical elegance after undergoing a total renovation. The period details that make it so special have been maintained while upgrading to modern living lifestyles. High end finishes have been used throughout the entire property. Additionally, each unit features its own off-street parking place and a shared laundry. The property consists of a single family, 2 bedroom, 2 bath bungalow and three additional apartments and is located in one of most the sought-after neighborhoods in St. Petersburg with brick streets, hex block sidewalks and towering oak trees. Just 3 blocks off the North Shore waterfront and parks, it is easily walkable to all of downtown St. Pete including restaurants, marinas, world class museums, markets, shopping, the Pier and weekend festivals. The bungalow and apartments operate at virtually 100% occupancy as a lucrative and efficient investment property. Tenants typically remain for multiple years due to the great location and quality of life here. The entire property can be rented or the owner could live in the front single family home and rent the remaining units. Single family home - 2 bedrooms, 2 full baths; Downstairs apartment - 1 bedroom, 1.5 baths; Upstairs apartment - 1 bedroom, 1 bath; Downstairs studio.

Additional Information

Taxes
$12971
Annual Gross Income
102192
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s), Thermostat
Interior Features
Ceiling Fans(s), Thermostat
Floor
Marble, Tile, Wood
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Cement Siding, Metal Siding
Exterior Features
Fence, Sidewalk
Roof
Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Pets
Allowed
Flood Zone Code
X
Parcel ID
17-31-17-03435-004-0090
Legal Description
BAY FRONT SUB BLK D, LOT 9

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of CHARLES RUTENBERG REALTY INC. Selling Office: CHARLES RUTENBERG REALTY INC.

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