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Description
Excellent opportunity to acquire a tenant-occupied single-family residence in Pinellas Park with strong in-place rental income. This 4-bedroom, 2-bathroom home offers approximately 1,354 square feet of living space and is currently leased at $2,490 per month, providing immediate income from day one. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
Property Highlights
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,405
Year Built: 1947
General Information
Bedrooms: 4
Bathrooms: 2 Full
Sqft: 1,354
County: Pinellas
Subdivision: HOFFMAN HEIGHTS
Listed By:
Zach Steinberger
COMPASS FLORIDA LLC
727-380-2067
MLS ID: TB8547213
Amenities
Ceiling Fans(s)
None
Property Features
Appliances: Cooktop, Range, Refrigerator
Days on Site: 1
Directions: From 63rd Way N, home is on right
Exterior: Frame
Flood Zone Code: X500
Flooring: Tile, Vinyl
Foundation: Crawlspace
Home Warranty Y/N: No
Lot Dimensions: 0.15
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
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
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8330 63rd Way N, Pinellas Park, FL 33781.
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Estimated Payment
$ 1,521.40 per month $1,062.44 Principal & Interest $367.08 Property Tax $91.88 Homeowner's InsuranceChange Payment Information
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