BEDS3
BATHS1 full 1 partial
SQUARE FEET1,020
MLS#TB8535618
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSERVISS
Property Description
Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 2525 37th St S (See MLS# TB8535635). This 3-bedroom, 1.5-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at a premium rate of $2,715/month (leased through 3/31/2027), providing secure, government-backed rental income.The asset has undergone extensive, high-end renovations, resulting in nearly zero deferred maintenance for the next owner. The home has passed multiple rigorous housing inspections. Upgrades include a new 2.5-ton HVAC system, roof repairs, whole-house fumigation with warranty, and a new concrete driveway and patio. The interior features a stunning full kitchen buildout with custom cabinetry, Quartz countertops, new stainless steel appliances including dishwasher and washer/dryer, recessed LED lighting, chandelier, and premium remote-controlled fans. A beautifully upgraded bathroom includes luxury fixtures, LED vanity, and custom shower with premium tile to the ceiling. Located in Flood Zone X (no flood insurance typically required) with zero HOA fees and a tenant who is responsible for all utilities and lawn care. Package Sister Property Details (2525 37th St S): Features a 4-bed / 1-bath layout, a $3,150/month lease through 2/28/2027, custom attic conversion, and high-end finishes. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. This is a true hassle-free, stabilized addition to any portfolio. Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Electric
Home Style: Bungalow, Florida
Lot Size: 0.10 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,175
Year Built: 1925
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Window Treatments
Lighting
Private Entrance
Private Mailbox
Rain Gutters
Sidewalk
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Community Features: Street Lights
Directions: Take Dr MLK Jr St S and turn onto 11th Ave S, 1121 10th Ave S is on the right hand side of the street.
Exterior: Vinyl Siding, Frame
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl
Foundation: Other, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Trade, FHA, VA Loan
Lot: Landscaped, Sidewalk, Paved
Lot Dimensions: 0.1
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Driveway, Off Street
Parking Notes: Driveway, Off Street
Patio/Porch: Patio
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds, Window Treatments
Zoning: NT-1
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Agency Contact: 727-489-0800
Shown By
Agent Name: Steven Hoffman
Agent Phone:
Agency Title: Realty 100
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Estimated Payment
$ 1,140.85 per month $701.05 Principal & Interest $347.92 Property Tax $91.88 Homeowner's InsuranceChange Payment Information
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1121 10th Avenue S | MLS# TB8535618
This single family home located at 1121 10th Avenue S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $315,000. This property was built in 1925 and has 3 bedrooms and 1 full and 1 partial baths with 1020 sq. ft. 10th Avenue S is located in the SERVISS subdivision. Search SERVISS real estate on shoffman.realty100.com today.