2 months on rocket

1002 18th Ave S, Saint Petersburg, FL, 33705

$750,000

Home List Price

$8,906*

Closing Credit

4 Bedrooms
3 Full Baths
2,342 SqFt
$320/SqFt
House
Schools Nearby

Location

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1002 18th Ave S, Saint Petersburg$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingCentral, Electric
CoolingCentral Air
MLS #U8231688
Lot Size0.15 Acres
StatusActive

About 1002 18th Ave S

This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 2,342 SqFt

Listing Office:

  • Office Name: MELANGE REAL ESTATE INC
  • Office Phone: (813) 303-0005
  • Listing Agent: Mark Nathwani

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fans(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 1002 18th Ave S

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gibbs High School, Public Magnet Grades 9-12
  • John Hopkins Middle School, Public Magnet Grades 6-8
  • Campbell Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: MLK to 18th Ave to Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $320/SqFt

Tax Information:

  • Annual Amount: $2,437
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Petersburg, FL.

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Saint Petersburg, FL

City

Med. Sold Price

$436.9K

Med. Price/SqFt

$342

Avg. Days On Market

46

# of Sold Homes

453

1002 18th Ave S vs Saint Petersburg

71 DAYS ON ROCKET

+25 Days

$750,000

+$313K More

$320/SqFt

-$23 Less

KEY TAKEAWAY

This property is $313K more than the Median Sold Price and $23/SqFt less than other homes in Saint Petersburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8231688

Listing Office:

  • Office Name: MELANGE REAL ESTATE INC
  • Office Phone: (813) 303-0005
  • Listing Agent: Mark Nathwani

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 23, 2000Home Sold
$42,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,437$113,928
2019$1,742$74,484
2018$1,482$67,713
2017$1,355$61,557

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5132165
3
/10

  • Campbell Park Elementary School

  • 1051 7th Ave S

  • 0.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5132166
3
/10

  • John Hopkins Middle School

  • 701 16th St S

  • 0.90 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5132167
2
/10

  • Gibbs High School

  • 850 34th St S

  • 1.92 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,705. Typical income of Saint Petersburg, FL residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1002 18th Ave S

What is the listing price of this property?

The listing price of 1002 18th Ave S property is $750,000.

What type of property is this?

The property 1002 18th Ave S is a house located in Saint Petersburg, Florida, 33705.

Is this property for sale now?

Active Listing: 1002 18th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1002 18th Ave S are:
Campbell Park Elementary School: GreatSchools Rating 3/10
John Hopkins Middle School: GreatSchools Rating 3/10
Gibbs High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,437 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 23, 2000 for $42,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1002 18th Ave S has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1002 18th Ave S is 2,342 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1002 18th Ave S is 1920.

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33705›1002 18th Ave S

This home is located at 1002 18th Ave S in Saint Petersburg, FL and zip code 33705 in the Cromwell Heights neighborhood. This 2,342 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $750,000.

Saint Petersburg, FL housing market in April 2024 saw over 76 listings sold above listed price, more than 84 sold at listed price and over 293 sold below. The number of homes for sale in Saint Petersburg, FL increased by 2.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 46 days, the median list price was $436,952.

From Rocket Homes Real Estate and based on county public records data.

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