4 months on rocket

4420 37th St S, Saint Petersburg, FL, 33711

$2,000,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
12 Baths
7,840 SqFt
$255/SqFt
Multi
Schools Nearby

Location

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4420 37th St S, Saint Petersburg$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1969
HeatingCentral
CoolingCentral Air
MLS #U8223142
Lot Size0.42 Acres
StatusActive

About 4420 37th St S

10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District. Uniquely subdivided with individually parceled units for easy CONDO CONVERSION, just update the Condo Docs. This well-maintained concrete block multifamily has huge upside potential with current rents below market. Comprised of (8)1 bedroom/1 bath and (2) 2 bedroom/2 bath units nicely appointed and well maintained. Each unit has a private covered patio space facing westward, perfect for taking in the coastal breeze while watching the sunset. Month-to-month leases allow the buyer to add value by stabilizing rents or selling individually. Freshly painted exterior. The detached laundry with 4 coin-operated machines provides an additional income stream. Newly resurfaced car parking with 10 tandem spots for tenants and 3 additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage. First-class walkability. The Pinellas Trail runs directly in front of the building. Situated adjacent to multi-million dollar waterfront neighborhoods. Within blocks of area favorites: Starbucks, Tiki Docks, Maximo Marina, and Publix. The Skyway Marina District has been experiencing rapid expansion and change with more development on the way, including a new Sprouts Farmers Market. Easy access to I-275, US19, Eckerd College, DT St Pete, and area beaches.*DO NOT DISTURB TENANTS*DO NOT WALK PROPERTY*

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 7,840 SqFt

Listing Office:

  • Office Name: DALTON WADE INC
  • Office Phone: (888) 668-8283
  • Listing Agent: Ashley Frazier

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Lot Features

Lot Information:

  • Lot: Flood Zone, Landscaped, Near Public Transit
  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakewood High School, Public Magnet Grades 9-12
  • Bay Point Middle School, Public Magnet Grades 6-8
  • Gulfport Montessouri Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From 34th Street South, head WEST on 46th Avenue South and NORTH on 37th Street South. The building will be on the EAST side of 37th St S. 4420 37th Street S. ***DO NOT DISTURB TENANTS**

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $255/SqFt
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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

$434.8K

Med. Price/SqFt

$340

Avg. Days On Market

49

# of Sold Homes

444

4420 37th St S vs Saint Petersburg

146 DAYS ON ROCKET

+97 Days

$2,000,000

+$1.5M More

$255/SqFt

-$86 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $86/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: #U8223142

Listing Office:

  • Office Name: DALTON WADE INC
  • Office Phone: (888) 668-8283
  • Listing Agent: Ashley Frazier

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: 4/29/2024, 11:49:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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-3456337
3
/10

  • Gulfport Montessouri Elementary School

  • 2014 52nd St S

  • 2.03 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-3456338
2
/10

  • Bay Point Middle School

  • 2151 62nd Ave S

  • 1.62 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3456339
3
/10

  • Lakewood High School

  • 1400 54th Ave S

  • 1.91 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 $62,174. Typical income of Saint Petersburg, FL residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33711›4420 37th St S

This home is located at 4420 37th St S in Saint Petersburg, FL and zip code 33711 in the Broadwater neighborhood. This 7,840 square foot home, which was built in 1969, sits on a 0.42 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $2,000,000.

In March 2024, from all listings sold in Saint Petersburg, FL there were more than 51 sold above asking price, over 323 sold below and more than 70 were sold right at the asked price. Between February 2024 and March 2024, Saint Petersburg, FL real estate market has seen increase in the number of listings by 5.6%. Listings spent 49 days on the market in March 2024, and had a median list price of $434,817 during the same period.

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

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