10775 Village Club Cir. #101, St. Petersburg, FL 33716

10775 Village Club Cir. #101, St Petersburg, FL 33716
Photo 1 of 14
$200,000
Beds Baths Sq. Ft. Taxes Built
3 2.00 1,180 $3,102.36 1974
On the market: 15 days

Est. Monthly Payment:

$1,457($1,198 + $259 taxes*)

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APPROVED
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Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Listing courtesy of Zach Steinberger, COMPASS FLORIDA LLC