Commercial property in Saint Petersburg, Florida 109.72 sq.m. № 1349658
ID1349658
$ 440 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
An extraordinary opportunity in the very desirable neighborhood of Magnolia Heights in St Petersburg, FL. This duplex is located on a HUGE lot of land, two doors down from new homes that sold for $1 million+. The two units, as is, together have a history of cash flowing $4K a month (long-term rentals). The units are currently empty to make the selling process easier. The property could use some updating AND still continues to cash flow as is. New roof 2021 | lower unit Mini Split, upper unit central HVAC 2022 | Water Heater 2022 | Tented for Termite 2022 | Luxury vinyl throughout building 2022 | Kitchens in both units updated | (1) electric & water meter for the property. Another option is, to take advantage of this gorgeous piece of land in Magnolia Heights, drop the building and create your dream home. The neighborhood is known for its blend of historic and modern homes, mature tree-lined streets and strong sense of community. This property is NOT in a flood zone and is a high-and-dry neighborhood. There are brand-new coffee shops & breweries a couple blocks away. There is a nearby Whole Foods & Trader Joes. You are minutes away from vibrant, cultural downtown St. Petersburg, retail shopping, restaurants, parks & recreational areas, Tampa International Airport, and the pristine beaches of the area.
THIS DUPLEX DID NOT FLOOD FOR EITHER OF THE HISTORIC HURRICANES HELENE OR MILTON AND APPRAISED AT LIST PRICE.
MLS #: TB8300083
Saint Petersburg - Statistics
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| Parameters | Saint Petersburg |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 050.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 700.00 |
| Apartment (3 bedrooms) in City Centre | $ 3 680.00 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 175.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 996.78 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 727.68 |
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| Parameters | Saint Petersburg |
|---|---|
| Crime Index | 39.84 |
| Cost of Living and Rent Index | 57.28 |
| Purchasing Power Index | 129.42 |
| Property Price to Income Ratio | 4.80 |
| Safety Index | 60.16 |
| Traffic CO₂ Index | 8075.00 |
| Traffic Inefficiency Index | 390.00 |
| Rent Index | 50.57 |
| Health Care Index | 75.03 |
| Groceries Index | 70.23 |
| Pollution Index | 26.43 |
| Traffic Commute Time Index | 32.43 |
| Restaurant Price Index | 62.90 |
| Climate Index | 87.85 |
| Cost of Living Index | 62.77 |
| Quality of Life Index | 196.23 |
| Traffic Index | 158.33 |
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| Parameters | Saint Petersburg |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 18.75 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 72.50 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 9.00 |
| Domestic Beer (0.5 liter draught) | $ 4.00 |
| Imported Beer (0.33 liter bottle) | $ 7.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.09 |
| Water (0.33 liter bottle) | $ 1.88 |
| Cappuccino (regular) | $ 4.54 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.13 |
| Loaf of Fresh White Bread (500g) | $ 3.08 |
| Eggs (regular) (12) | $ 4.48 |
| Local Cheese (1kg) | $ 8.81 |
| Water (1.5 liter bottle) | $ 2.87 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 2.67 |
| Cigarettes 20 Pack (Marlboro) | $ 5.75 |
| Apples (1kg) | $ 5.72 |
| Chicken Fillets (1kg) | $ 9.11 |
| Oranges (1kg) | $ 5.45 |
| Potato (1kg) | $ 3.02 |
| Lettuce (1 head) | $ 1.71 |
| Rice (white), (1kg) | $ 4.13 |
| Tomato (1kg) | $ 4.89 |
| Banana (1kg) | $ 1.31 |
| Onion (1kg) | $ 3.61 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.37 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.20 |
| Monthly Pass (Regular Price) | $ 70.00 |
| Gasoline (1 liter) | $ 0.89 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 32 025.00 |
| Taxi Start (Normal Tariff) | $ 3.37 |
| Taxi 1km (Normal Tariff) | $ 1.48 |
| Taxi 1hour Waiting (Normal Tariff) | $ 60.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 25 412.90 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 276.66 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 66.75 |
| $ 47.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 019.44 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 21.67 |
| Tennis Court Rent (1 Hour on Weekend) | $ 12.00 |
| Cinema, International Release, 1 Seat | $ 12.50 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 54.75 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 31.33 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 83.17 |
| 1 Pair of Men Leather Business Shoes | $ 100.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 500.00 |
| International Primary School, Yearly for 1 Child | $ 25 000.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CitySaint Petersburg
Address3651 15TH STREET N
TypeCommercial property
Living space109.72 m²
- m²
- sq. ft
Completion dateIV quarter, 1933
Price
- Price
- per m²
$ 440 000
- EUR €
- USD $
- RUB ₽
- GBP £
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