100 1ST AVE N #501 (MLS: TB8428870) For Sale

100 1ST AVE N #501, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $6,500.00 / month

Area: 2262

Property Info

  • MLS TB8428870
  • Unit No 501
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 2262
  • Living Area (sqft) 1765
  • Foundation Pillar/Post/Pier
  • Min Lease Pillar/Post/Pier
  • HOA Fees $291.00

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Solid Surface Counters
  • Window Treatments

Buy Price

$
$1,750,000.00

Rental Price

$
$6,500.00
  • Cap Rate
  • 2.7%
  • Gross Yield
  • 4.5%
  • Lease End Date
  • October 31, 2025

  • Rent Amount
  • $6,500.00

Cash Flow

Cap Rate2.7 Gross Yield4.5% Annual Rent$78,000.00 Property Taxes$27,661.50 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $78,000.00 $6,500.00 / mo $390,000.00 $6,500.00 / mo $780,000.00 $6,500.00 / mo
Estimated Expenses $27,661.50 $138,307.50 $276,615.00
Net Cash Flow $50,338.50 $251,692.50 $503,385.00
HOA Fees $3,492.00 $17,460.00 $34,920.00