1400 GANDY BLVD N #507 (MLS: TB8514473) For Sale

1400 GANDY BLVD N #507, (Pinellas), Saint Petersburg Florida 33702

Currently Rented at $1,500.00 / month

Area: 525

Property Info

  • MLS TB8514473
  • Unit No 507
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 525
  • Living Area (sqft) 525
  • Foundation Block, Slab
  • Min Lease Block, Slab
  • HOA Fees $323.00

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$127,500.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 9.5%
  • Gross Yield
  • 14.1%
  • Lease End Date
  • July 31, 2026
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate9.5 Gross Yield14.1% Annual Rent$18,000.00 Property Taxes$1,955.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,955.00 $9,775.00 $19,550.00
Net Cash Flow $16,045.00 $80,225.00 $160,450.00
HOA Fees $3,876.00 $19,380.00 $38,760.00

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