442 77th Ave N
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
442 77th Ave N
4 Unit Apartment Building $1,490,000 ($372,500/Unit) 5.10% Cap Rate Saint Petersburg, FL 33702
Investment Highlights
- 1031 Exchange Friendly
- Investment Potential
- Turnkey Condition
- Low Vacancy Rate
Executive Summary
****DO NOT DISTURB TENANTS****
Prime Investment Opportunity: Turnkey 4-Unit Multi-Family Property
Welcome to an exceptional investment opportunity in a highly sought-after location! This unique offering comprises two duplexes, each with its own parcel, providing a total of four turnkey units. Here are the highlights that make this property a must-have for savvy investors:
- **Turnkey Condition**: All four units have been meticulously remodeled, ensuring they are in pristine condition and ready for immediate rental. No additional work is required—start earning from day one.
- **Unit Specifications**: Each unit features 2 bedrooms and 1 bathroom, designed with modern finishes and thoughtful layouts that attract quality tenants.
- **Private Backyards**: Every unit comes with its own private backyard, a rare and desirable amenity that enhances tenant satisfaction and retention.
- **Prime Location**: Situated in a prime location, this property offers unparalleled convenience. It is located close to major highways, providing easy access to Tampa, Largo, and Clearwater. Additionally, it’s just a 10-minute drive to downtown St. Petersburg, making it an ideal choice for tenants who work or enjoy the vibrant city life.
- **Low Vacancy Rate**: Thanks to its strategic location and high desirability, this property boasts a consistently low vacancy rate. The demand for rental units in this area is strong, ensuring a steady income stream.
- **1031 Exchange Friendly**: This property is perfect for a 1031 exchange, offering investors a tax-deferred opportunity to reinvest proceeds from the sale of another property.
- **Investment Potential**: With its separate parcels, there is flexibility in future development or sale strategies, offering additional potential for appreciation and profit.
Don't miss out on this exceptional investment opportunity. Secure a high-yield, low-maintenance property that promises both immediate and long-term returns. Contact us today to learn more and schedule a viewing!
Prime Investment Opportunity: Turnkey 4-Unit Multi-Family Property
Welcome to an exceptional investment opportunity in a highly sought-after location! This unique offering comprises two duplexes, each with its own parcel, providing a total of four turnkey units. Here are the highlights that make this property a must-have for savvy investors:
- **Turnkey Condition**: All four units have been meticulously remodeled, ensuring they are in pristine condition and ready for immediate rental. No additional work is required—start earning from day one.
- **Unit Specifications**: Each unit features 2 bedrooms and 1 bathroom, designed with modern finishes and thoughtful layouts that attract quality tenants.
- **Private Backyards**: Every unit comes with its own private backyard, a rare and desirable amenity that enhances tenant satisfaction and retention.
- **Prime Location**: Situated in a prime location, this property offers unparalleled convenience. It is located close to major highways, providing easy access to Tampa, Largo, and Clearwater. Additionally, it’s just a 10-minute drive to downtown St. Petersburg, making it an ideal choice for tenants who work or enjoy the vibrant city life.
- **Low Vacancy Rate**: Thanks to its strategic location and high desirability, this property boasts a consistently low vacancy rate. The demand for rental units in this area is strong, ensuring a steady income stream.
- **1031 Exchange Friendly**: This property is perfect for a 1031 exchange, offering investors a tax-deferred opportunity to reinvest proceeds from the sale of another property.
- **Investment Potential**: With its separate parcels, there is flexibility in future development or sale strategies, offering additional potential for appreciation and profit.
Don't miss out on this exceptional investment opportunity. Secure a high-yield, low-maintenance property that promises both immediate and long-term returns. Contact us today to learn more and schedule a viewing!
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2025) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Disposal
- Fireplace
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Tub/Shower
- Dining Room
- Family Room
- Patio
- Vinyl Flooring
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 4 | - | 768 |
1 of 1
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $267,667 (2023) | |
Land Assessment | $202,333 (2023) | Total Assessment | $470,000 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$202,333 (2023)
Improvements Assessment
$267,667 (2023)
Total Assessment
$470,000 (2023)
zoning
Zoning Code | NSM-1 (This district allows up to 3 stories multifamily structures.) |
NSM-1 (This district allows up to 3 stories multifamily structures.) |
Learn More About Investing in Apartment Buildings
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
K2K Properties
442 77th Ave N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.