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INVESTMENT OPPORTUNITY: TENANT-OCCUPIED PROPERTY
3718 19th Avenue South, St. Petersburg, FL
PROPERTY HIGHLIGHTS
3 Bedrooms | 2 Bathrooms
EXTERIOR FEATURES
Fenced yard providing privacy and security
Mature trees offering natural shade and energy efficiency
Well-maintained lot
INVESTMENT POTENTIAL
Currently occupied by long-term tenant
Established rental history
Steady income stream
Perfect opportunity for investors looking to add to their portfolio with a stabilized rental property in the desirable South St. Petersburg area. The property features a practical layout with 3 bedrooms and 2 bathrooms, complemented by a private fenced yard. Mature trees provide natural shade, helping with energy efficiency while enhancing curb appeal.
Location offers easy access to major thoroughfares, shopping, dining, and St. Petersburg's renowned beaches. The presence of a long-standing tenant demonstrates the property's rental appeal and income potential.
Contact for current rental terms, property inspection arrangements, and additional details.
# 3718 19th Avenue South, St. Petersburg, FL
## Property Overview
Excellent investment opportunity in desirable South St. Petersburg! This well-maintained 3-bedroom, 2-bathroom home features a shaded lot and fully fenced yard, providing excellent privacy and outdoor living space. Currently occupied by a long-term tenant, offering immediate rental income for investors.
## Key Features
- 3 Bedrooms
- 2 Full Bathrooms
- Established, Shaded Lot
- Fully Fenced Yard
- Reliable Current Tenant
- Prime St. Petersburg Location
## Investment Highlights
- Steady rental income stream with long-standing tenant
- Desirable South St. Petersburg location
- Low-maintenance yard with mature trees
- Strong rental market area
- Proven rental history
## Location Benefits
Situated in the heart of South St. Petersburg, this property offers easy access to:
- Downtown St. Petersburg
- Local beaches
- Shopping and dining
- Major transportation routes
- Schools and parks
*Note: Property is being sold with tenant in place. Please respect tenant privacy during showings. *
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Our Executive Mortgage Banker:
Our Insurance Division:
$285,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $228,400 | $228,400 | $228,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.050% | 6.152% |
Monthly Tax Payment | $372 | $372 | $372 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,444 | $1,500 | $1,912 |
Total Monthly Payment | $1,891 | $1,947 | $2,359 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.