1515 PINELLAS BAYWAY S #B23 (MLS: U8238510) For Sale

1515 PINELLAS BAYWAY S #B23, (Pinellas), Saint Petersburg Florida 33715

Currently Rented at $1,800.00 / month

Area: 665

Property Info

  • MLS U8238510
  • Unit No B23
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 665
  • Living Area (sqft) 665
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $849.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Thermostat
  • Window Treatments

Buy Price

$
$376,500.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 2.1%
  • Gross Yield
  • 5.7%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate2.1 Gross Yield5.7% Annual Rent$21,600.00 Property Taxes$3,477.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $3,477.00 $17,385.00 $34,770.00
Net Cash Flow $18,123.00 $90,615.00 $181,230.00
HOA Fees $10,188.00 $50,940.00 $101,880.00