BEDS3
BATHS2 full
SQUARE FEET985
MLS#TB8547225
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONWINDJAMMER CONDO
Property Description
Income-producing condominium opportunity in St. Petersburg with an established tenant currently generating $2,000 per month in rental income. The property provides investors with immediate in-place income while retaining the flexibility to be purchased independently of the broader portfolio. The property is being marketed individually at $170,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Roof Type: Membrane
Stories: 1.0
Taxes: $3,428
Year Built: 1986
Amenities
Ceiling Fans(s)
Balcony
Feature Descriptions
Appliances: Range, Refrigerator
Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Pool, Sidewalks
Directions: From 1400 Gandy Blvd N, condo is on the left.
Exterior: Frame
Flood Zone Code: AE
Flooring: Tile, Vinyl
Foundation: Slab
HOA Fee: 725/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Ownership: Condominium
Pets Allowed: Yes
Pets Restrictions: Verify with HOA
Pets Weight (Max): 100
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 727-380-2067
Shown By
Agent Name: Mari Diaz
Agent Phone: Cell: (813) 220-7245
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 690.94 per month $358.32 Principal & Interest $285.67 Property Tax $46.96 Homeowner's Insurance
1400 Gandy Boulevard N, Unit 803 | MLS# TB8547225
This condo located at 1400 Gandy Boulevard N, Unit 803, Saint Petersburg, FL 33702 is currently listed for sale with an asking price of $161,000. This property was built in 1986 and has 3 bedrooms and 2 full baths with 985 sq. ft. Gandy Boulevard N, Unit 803 is located in the WINDJAMMER CONDO subdivision. Search WINDJAMMER CONDO real estate on www.maridiaz.com today.