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3320 18th Street N, ST PETERSBURG, FL 33713
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  • MLS#: TB8405558 ( Residential Income )
  • Street Address: 3320 18th Street N
  • Viewed: 143
  • Price: $789,998
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 3
  • Days On Market: 306
  • Additional Information
  • Geolocation: 27.8022 / -82.6585
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33713
  • Subdivision: Beever O A Sub
  • Provided by: MADISON HEIGHTS REALTY GROUP
  • Contact: Nicole Smith
  • 813-915-0030
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to a rare income producing gem in the heart of St. Petersburg's beloved Magnolia Heights neighborhood! This fully updated triplex sits on a spacious double lot and comes with not 3 but 4 active income streams three furnished units plus a bonus RV/glamping lot that's already earning. The Numbers: 2024 verified net income of $105,238. Projected hybrid income of $75,000$95,000/year using a furnished medium term rental model (30+ days) perfectly suited for St. Pete's booming travel nurse, remote worker, and snowbird market. Expenses consistently low at ~$16,000$17,000/year. Cap rate of 9.5 return+ at asking price. Detailed month by month financials are available to serious buyers upon request through the listing agent. Unit 3314 is a beautifully renovated 1BR/1BA with luxury vinyl flooring, granite countertops, indoor laundry, and a private backyard pergola. Unit 3312 is a charming 2 story 2BR/1BA with alley access, open concept living, hurricane shutters, and an artificial turf backyard. Unit 3320 mirrors 3312's layout with all new appliances and updated landscaping. The bonus RV/glamping lot is already active with a 4.70 Airbnb rating across 20 reviews. Every unit features a private fenced backyard, dedicated parking, new AC, smart locks, and separate entrances. NO flood zone. Zero flooding or water damage history. Minutes from Downtown St. Pete, the beaches, St. Pete/Clearwater Airport, and the Tampa Bay healthcare corridor. Detailed financials are available to serious buyers through the listing agent.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Lighting
  • Living Area: 2146.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s), Open Floorplan
  • Legal Description: BEEVER, O. A. SUB LOTS 12 AND 13
  • Area Major: 33713 - St Pete
  • Occupant Type: Tenant
  • Parcel Number: 12-31-16-06174-000-0120
  • Views: 143
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Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com