Banke Ayanleke

4200 37th Street S, Saint Petersburg, FL 33711

$1,490,000

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Property Description

This Saint Petersburg Florida apartment complex is a Cash Cow. It's located in the brand new up-and-coming Marina District of Pinellas County. Maximo Marina is on the same street less than a half mile away. This solid block apartment building contains eight apartments. A brand new roof and the majority of the AC systems are newer. There are four, two bed one bath units and four one bed, one bath apartments. There is plenty of parking for the tenants and their guests. Rents are way under value for what the area calls for. The location is absolutely incredible and there is a huge potential for redevelopment here.? About the location again, you can walk to many great restaurants, shopping, grocery stores, public transportation, and boat storage. It's convenient to Downtown Saint Petersburg, our airports and the Beautiful White Sandy Beaches of Pinellas County. Downtown Saint Petersburg has so many great attractions and things to do. A new state-of-the-art-pier that hosts concerts, festivals and art fairs. Take a Segway tour to see the artwork all throughout downtown. We have The Salvador Dali waterfront museum, The Rays, The Rowdies, The St Pete Grand Prix and the Albert Whitted Airport. Great for flying lessons and helicopter tours. Our area also offers some of the best boating and fishing in Florida. This apartment building did not flood during the hurricanes of 2024. The pictures are very accurate of the units. No photoshopping or virtual staging, 100% actual pictures. Most of the tenants have been here for years.

4200 37th Street S | MLS# TB8541749

This multi-family property located at 4200 37th Street S, Saint Petersburg, FL 33711 is currently listed for sale with an asking price of $1,490,000. Search Saint Petersburg real estate on www.bankeayanleke.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.31 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $16,801
Year Built: 1974
Square Feet: 5,478

Amenities

Open Floorplan
Sidewalk

Feature Descriptions

Annual Net Income: 81000.00
Appliances: Range, Refrigerator
Community Features: Sidewalks, Street Lights
Directions: From 275, 54th Ave. S. and Pinellas Bayway. Go North on 34th St. (US 19) to 42nd Ave. S. Turn left (West) follow to the first stop sign and the complex is on your left. It's the property on the Southeast corner of 37th St. S. and 42nd Ave. S. 8 unit block
Exterior: Block, Concrete
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.31
Ownership: Fee Simple
Pets Allowed: No
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Listing Agent Must Accompany, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 COAST TO COAST
Agency Contact: 727-398-3030

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 9,345.42 per month $7,510.75 Principal & Interest $1,400.08 Property Tax $434.58 Homeowner's Insurance

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