Wanderlist July 5th, 2023

Florida hot STR deals 🔥

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St. Petersburg, FL

Listed by Ariday Castellanos Munoz | Home Prime Realty LLC

New Listing! This immaculate property is move-in ready! The house has three bedrooms and two bathrooms, and a game room, all new and remodeled. It has everything you need! Open concept with a natural granite waterfall island and elegant lighting. A very cozy patio with artificial grass, completely fenced, a pergola, heated pool, with a new heater. Attached to the house is a mother-in-law's room with bathroom, kitchen, separate entrance and hot tub. The house is fully furnished, ready to move in or start generating passive income each month with short-term rentals. Easy access to i275, 10 minutes from Downtown and 15 minutes from the beautiful beaches of St Petersburg. The seller is motivated, and willing to sell the house with all the furniture and accessories it has. Don't miss out on this incredible opportunity and reserve your showing now!

Property Details

  • $499,900

  • 4 Bedrooms/3 Baths

  • Average Daily Rate: $284

  • Occupancy Rate: 70%

Projections

  • Down Payment: $99,980

  • Cash to Close: $137,728

  • Monthly Income: $6,047

  • Monthly Expenses: $4,937

  • Monthly expected cash flow: $1,110

  • Expected cash on cash return: 9.67%

  • Property Value in 10 Years: $783,041

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