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540 14TH, ST PETERSBURG, FL, 33705

$4,500,000

23 Beds70,480 Sq FtBuilt 19771.62 Acres

About This Property

ENTIRE BLOCK FOR SALE. 1.67 acres including 14k sqft office buildling and value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Office buildling is presently vacant. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses.

Subdivision

BON AIR

Status

Active

Listed By

ELITE TAMPA BAY REALTY LLC

Days on Market

115

Mortgage Calculator

Home Price

Loan Term

Down Payment($900,000)

Interest Rate

Est. Monthly Payment

$29,649

30-yr fixed · 20% down · 6.875%

Principal & Interest$23,649

Est. Property Tax~1.1% est.$4,125

Est. Home Insurance~0.5% est.$1,875

Total / month$29,649

Loan amount$3,600,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.