801 18TH STREET ST PETERSBURG FL 33712

Overview of 801 18th St S

Turnkey investment property - exceptional single-family rental. This well-maintained 3-bedroom, 1-bathroom home offers immediate cash flow with an established, reliable tenant in place. Perfect for investors seeking a hassle-free addition to their portfolio. Property highlights: monthly rental income: $2,127 (annual: $25,524). Stable tenancy: section 8 voucher recipient with annual lease agreement. Move-in ready: tenant occupied and cash-flowing from day one. Recent major updates: transferable satisfactory 4 point inspection. Newer roof - long-term protection and peace of mind. Updated hvac system. Newer water heater. Complete cosmetic renovations - fresh updates inside and out. Investment advantages: guaranteed income through section 8 program. Low maintenance with recent major system updates. Established rental history with quality tenant. Strong rental market in desirable st. Petersburg area. Location benefits: situated in the sought-after 33705 area of st. Petersburg, this property benefits from the city's continued growth and urban revitalization. The area has shown consistent property value appreciation with the local rental market remaining strong, supported by st. Petersburg's expanding job market and cultural attractions. Financial performance: gross annual income: $25,524. Immediate cash flow from established tenancy. Section 8 program provides rental payment security. Recent updates minimize future capital expenditures. Ideal for: buy-and-hold investors seeking stable returns. First-time rental property buyers (turnkey ready). Portfolio diversification with single-family residential. 1031 exchange** opportunities. Out-of-state investors wanting hands-off management. This property represents a rare opportunity to acquire a fully-updated, income-producing single-family home with immediate positive cash flow. The combination of recent major improvements, established section 8 tenancy, and prime st. Petersburg location creates an exceptional investment opportunity. key investment metrics: stable monthly income of $2,127. Recent capital improvements completed. Reliable tenant with government-backed rental assistance. Growing market with strong fundamentals. Don't miss this turnkey investment opportunity - quality cash-flowing properties with established tenants are increasingly rare in today's competitive market!

This lovely single family home was built in 1948 and features 3 bedrooms, and 1 full bathrooms. This home for sale is 1,160 square feet, with 920 sq ft being air conditioned living space. The home has a 1 car garage and does not have a private swimming pool.

Directions to this property are as follows: 1. **head East On I-275 N** - 0.7 Miles (41 Seconds) 2. **use The Right Lane To Take Exit 39** For **florida 60 W/kennedy Blvd** Toward Florida 589 N/clearwater/florida 60 E/westshore Blvd/tampa Int'l Airport - 0.4 Miles (24 Seconds) 3. **use The 2nd From The Right Lane** To Take The **kennedy Boulevard Exit** Toward Fl-60 E/westshore Boulevard - 0.4 Miles (32 Seconds) 4. **sharp Left To Merge Onto I-275 South** - 16.1 Miles (15 Minutes) 5. **take Exit 23b** For **fl-595/5th Ave N** - 0.3 Miles (49 Seconds) **phase 2: Local Streets To Destination (1.7 Miles - 5 Minutes)** 6. **turn Left Onto Fl-595 S/5th Ave N** - 0.3 Miles (54 Seconds) 7. **use The Right Lane To Turn Right Onto Us-19 Alt S** - 0.1 Miles (23 Seconds) 8. **turn Right At The 1st Cross Street Onto 16th St N** - 1.1 Miles (3 Minutes) 9. **turn Right Onto 9th Ave S** - 0.2 Miles (35 Seconds) 10. **turn Right Onto 18th St S** - 302 Feet (27 Seconds) **destination:** 801 18th St S Will Be **on Your Left**.

Please contact your ZFC agent for more information about MLS# MFRTB8432566 or any other homes for sale in St Petersburg or elsewhere in the Pinellas County area.