644 3RD AVE S #303 (MLS: TB8481819) For Sale

644 3RD AVE S #303, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $3,800.00 / month

Area: 1355

Property Info

  • MLS TB8481819
  • Unit No 303
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1355
  • Living Area (sqft) 1406
  • Foundation Block, Pillar/Post/Pier
  • Min Lease Block, Pillar/Post/Pier
  • HOA Fees $795.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$619,000.00

Rental Price

$
$3,800.00
  • Cap Rate
  • 4%
  • Gross Yield
  • 7.4%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $3,800.00

Cash Flow

Cap Rate4.0 Gross Yield7.4% Annual Rent$45,600.00 Property Taxes$11,205.70 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $45,600.00 $3,800.00 / mo $228,000.00 $3,800.00 / mo $456,000.00 $3,800.00 / mo
Estimated Expenses $11,205.70 $56,028.50 $112,057.00
Net Cash Flow $34,394.30 $171,971.50 $343,943.00
HOA Fees $9,540.00 $47,700.00 $95,400.00