980 BOCA CIEGA ISLE DR (MLS: TB8402952) For Sale

980 BOCA CIEGA ISLE DR, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $9,500.00 / month

Area: -

Property Info

  • MLS TB8402952
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 2812
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat

Buy Price

$
$1,750,000.00

Rental Price

$
$9,500.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 6.5%
  • Lease End Date
  • June 15, 2026

  • Rent Amount
  • $9,500.00

Cash Flow

Cap Rate5.7 Gross Yield6.5% Annual Rent$114,000.00 Property Taxes$14,737.80 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $114,000.00 $9,500.00 / mo $570,000.00 $9,500.00 / mo $1,140,000.00 $9,500.00 / mo
Estimated Expenses $14,737.80 $73,689.00 $147,378.00
Net Cash Flow $99,262.20 $496,311.00 $992,622.00