2 BD• 1 BA SOUTH ST. PETERSBURG TURNKEY RENTAL — $175K CASH
About this property
SOUTH ST. PETERSBURG TURNKEY RENTAL - $175K CASH
St. Petersburg, FL 33712
PROPERTY PROPERTY FEATURES• 2 Bedrooms with closets• 2 Additional rooms - ideal for an office + extra living/storage space• Washer & Dryer • New interior paint• New bathroom vanity• New toilet• Brand-new fence• 2 Sheds in the backyard• Backyard space• Driveway parking for 2 cars• Tenant occupied• Current rent: $1,800/month• Tenant occupied• $21,600/year gross rent
DEAL• $175,000 CASH• ~7% Cap Rate• 1.03% Rent-to-Price• Immediate cash flow• Sewer replaced - 2026• New fence - 2025
COMPS• 510 26th St S - Sold $314,000 (8/12/26)• 2960 Emerson Ave S - Sold $171,730 (6/17/26)• Renovated - Now Listed $314,999
LOW BASIS + IN-PLACE RENT + STRONG COMPS
TERMS• All-cash buyers only• $5,000 non-refundable EMD• Close by 9/25/26
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