Active
1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702
MLS TB8547225
$161,000
Est. $892/mo principal and interest at 7.40% with 20% down
3 bd · 2.0 ba · 985 sqft · Condominium
About this home
Income-producing condominium opportunity in St. Petersburg with an established tenant currently generating $2,000 per month in rental income. The property provides investors with immediate in-place income while retaining the flexibility to be purchased independently of the broader portfolio. The property is being marketed individually at $170,000. 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.
Key facts
- Type
- Condominium
- Size
- 985 sqft
- Bedrooms
- 3
- Bathrooms
- 2.0
- Avg. price per sqft
- $163
- County
- Pinellas
- MLS number
- TB8547225
- Status
- Active
- Property address
- 1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702
Where is this home?
Common questions
How much is 1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702 listed for?
1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702 in St Petersburg, FL is listed at $161,000 (about $892/mo principal and interest at 7.40% with 20% down).
How many bedrooms and bathrooms does 1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702 have?
1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702 has 3 bedrooms, 2.0 bathrooms, and 985 square feet.
Who can show 1400 Gandy Blvd N Unit 803, St Petersburg, FL 33702 in St Petersburg?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
Does Jonathan Loescher originate VA loans in Tampa Bay?
Yes. I originate VA loans through PMF, Inc. for eligible veterans, active-duty service members, and surviving spouses. Many files can close with zero down and no monthly PMI. A funding fee may apply unless you are exempt. Eligibility is confirmed at consult. This is not a promise of approval. PMF, Inc. is not acting on behalf of or at the direction of the VA.
Can one person do the home and the loan?
Yes. I am a Tampa Bay Realtor and Loan Originator. Search, tour, and apply can stay on one conversation. Realty of America and PMF, Inc. stay separate companies.
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