100 1ST AVE N #501 (MLS: TB8504549) For Sale

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

Currently Rented at $6,000.00 / month

Area: 2165

Property Info

  • MLS TB8504549
  • Unit No 501
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 2165
  • Living Area (sqft) 1765
  • Foundation Pillar/Post/Pier
  • Min Lease Pillar/Post/Pier

Interior Features

  • Ceiling Fans(s)
  • Solid Surface Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$1,649,000.00

Rental Price

$
$6,000.00
  • Cap Rate
  • 2.7%
  • Gross Yield
  • 4.4%
  • Lease End Date
  • May 15, 2026
  • Rent Amount

  • $6,000.00

Cash Flow

Cap Rate2.7 Gross Yield4.4% Annual Rent$72,000.00 Property Taxes$27,633.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $72,000.00 $6,000.00 / mo $360,000.00 $6,000.00 / mo $720,000.00 $6,000.00 / mo
Estimated Expenses $27,633.00 $138,165.00 $276,330.00
Net Cash Flow $44,367.00 $221,835.00 $443,670.00

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