4950 GULF BLVD #401 (MLS: TB8344028) For Sale

4950 GULF BLVD #401, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $3,400.00 / month

Area: 1545

Property Info

  • MLS TB8344028
  • Unit No 401
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1545
  • Living Area (sqft) 1545
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,028.00

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • Walk-In Closet(s)

Buy Price

$
$699,990.00

Rental Price

$
$3,400.00
  • Cap Rate
  • 3%
  • Gross Yield
  • 5.8%
  • Lease End Date
  • August 31, 2026

  • Rent Amount
  • $3,400.00

Cash Flow

Cap Rate3.0 Gross Yield5.8% Annual Rent$40,800.00 Property Taxes$7,492.80 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $40,800.00 $3,400.00 / mo $204,000.00 $3,400.00 / mo $408,000.00 $3,400.00 / mo
Estimated Expenses $7,492.80 $37,464.00 $74,928.00
Net Cash Flow $33,307.20 $166,536.00 $333,072.00
HOA Fees $12,336.00 $61,680.00 $123,360.00