301 1ST STREET S #1901 (MLS: TB8356288) For Sale

301 1ST STREET S #1901, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $15,000.00 / month

Area: -

Property Info

  • MLS TB8356288
  • Unit No 1901
  • Bedrooms 3
  • Bathrooms 4
  • Area (sqft) -
  • Living Area (sqft) 2712
  • Foundation Slab, Stilt/On Piling
  • Min Lease Slab, Stilt/On Piling
  • HOA Fees $2,224.42

Interior Features

  • Ceiling Fans(s)
  • Dry Bar
  • Eat-in Kitchen
  • Elevator
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$3,100,000.00

Rental Price

$
$15,000.00
  • Cap Rate
  • 3.4%
  • Gross Yield
  • 5.8%
  • Lease End Date
  • June 30, 2025
  • Rent Amount

  • $15,000.00

Cash Flow

Cap Rate3.4 Gross Yield5.8% Annual Rent$180,000.00 Property Taxes$48,000.10 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $180,000.00 $15,000.00 / mo $900,000.00 $15,000.00 / mo $1,800,000.00 $15,000.00 / mo
Estimated Expenses $48,000.10 $240,000.50 $480,001.00
Net Cash Flow $131,999.90 $659,999.50 $1,319,999.00
HOA Fees $26,693.04 $133,465.20 $266,930.40