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$3,650,000
801 60th St N, St Petersburg, FL 33710
0 Beds
0 Baths
13,728 SqFt

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*(CALL FOR HIGHEST AND BEST OFFER DUE BY 8/3/2022)* EAGLE CREST APARTMENTS. Located in the great neighborhood of Eagle Crest, this 20 unit property is a great long term investment. Currently having a 5.5% cap rate and 19/20 renovated units, the rents could easily be increased to market rate and produce a 6% cap rate or higher. Units that have been renovated have new kitchens, bathrooms, floors and stainless appliances. There are 14 - 1 bedroom units and 6 - 2 bedrooms units. Make sure to call us today to schedule your tour of this magnificent property. Check out 3D tour online to see the typical 2 bedroom unit
  • Price:
  • $3,650,000
  • Square Footage:
  • 13,728
  • Acreage:
  • 1.05
  • Year Built:
  • 1966
  • Listing ID #:
  • MFRU8167373
  • Street Address:
  • 801 60th St N
  • City:
  • St Petersburg
  • State:
  • Florida
  • Postal Code:
  • 33710
  • County:
  • Pinellas
  • Community:
  • St Pete/Crossroads
  • Subdivision:
  • Eagle Crest
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 13728
  • Construction Type:
  • Block
  • Foundation:
  • Slab
  • Number Of Units:
  • 20
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 16731
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1966
  • Annual Expenses:
  • 66000
  • Net Operating Income:
  • 206000
  • Federal Flood Zone:
  • X
  • Lot Features:
  • Cul-De-Sac, Neighbourhood, Oversized Lot, Street Lights, Paved
  • Lot Square Footage:
  • 45908
  • Road Frontage Type:
  • City Street
  • Road Type:
  • Asphalt, Paved
  • Vegetation:
  • Mature Landscaping
  • Days On Market:
  • 48
  • On Market Date:
  • 2022-06-23
  • Originating Mls:
  • Mfrmls
  • Terms:
  • Cash, Conventional
  • Ownership:
  • Corporation
  • Property Taxes:
  • $23,417
  • Tax Year:
  • 2021
  • Parking Description:
  • Parking Spaces - 19 To 30, Common
  • Appliances:
  • Dishwasher, Refrigerator
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By A BETTER LIFE REALTY
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