Pinellas Park, FL 33781,3715 66TH AVE N
Pinellas Park, FL 33781,3715 66TH AVE N
Pinellas Park, FL 33781,3715 66TH AVE N
Pinellas Park, FL 33781,3715 66TH AVE N
Pinellas Park, FL 33781,3715 66TH AVE N
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$1,999,000

$1,950,000

2.5%
Est.Price: ?

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Est. payment /mo

15,680 SqFt


SOLD DATE : 01/04/2021

Key Details

Sold Price $1,999,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 15,680 sqft

Price per Sqft $127

Subdivision Sunset View

MLS Listing ID U8091457

Sold Date 01/04/21

Construction Status Financing

HOA Y/N No

Year Built 1983

Annual Tax Amount $2,899

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x135

Property Description

20 units 2 bed./1 bath, ten duplexes adjacent to each one, fully occupied, solid block concrete, located on the whole street from 37th st to 38th st on 66th Ave N, 0n the north side of the Ave, walking distance to one of the most beautiful Mall, parkside Mall, 5 minutes to HWY 275 which takes within 15 minutes to Tampa International Airport, 15 minutes to the most beautiful beach, 12 minutes to Downtown St Pete. The Owner bought it 20 years ago with a rent $750/ Month, never rise up the rent, at the time average rent for 2 bed 1 bath $1000 to $1300, the current rent much below market value, for the new owner to adjusted at least $1000/month, then you have a Cap Rate above 8% with the full price, very low maintenance building with very low expenses, Tenants pay, water, electricity, dumpster, owner pays Tax, Insurance, Management, & Maintenance, easy to finance with 30% to 35% down payment.just apprased the full price, Owner in his way to change the Roof for three Duplexes, we are selling $97,500 / Unit at the time market value in our area $120k/unit to $135K/unit, please do not disturb tenants, call agent, showing after executed contract, all the units a like 2/1

Location

State FL

County Pinellas

Community Sunset View

Direction N

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Block,Concrete

New Construction false

Construction Status Financing

Others

Ownership Sole Proprietor

Special Listing Condition None

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Stellar MLS
Listed by BUXTON PROPERTIES INC
Bought with RE/MAX PREFERRED
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