Excellent opportunity to acquire a tenant-occupied single-family residence in Pinellas Park with strong in-place rental income. This 4-bedroom, 2-bathroom home offers approximately 1,354 square feet of living space and is currently leased at $2,490 per month, providing immediate income from day one. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
| MLS # | TB8547213 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1947 |
| Days On Site | 32 |
| Listing Provided By | COMPASS FLORIDA LLC | Zach Steinberger |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,354 |
| Story(s) | 1 |
| Acreage | 0.15 |
| Property | 4405 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | PINELLAS PARK |
| Zip Code | 33781 |
| Area | 33781 Pinellas Park |
| Community Name | HOFFMAN HEIGHTS |
| Listing VS Median (in HOFFMAN HEIGHTS) | |
Price: $315,000 low | high Med: $315,000 sqft: 1,354 low | high Med: 1,354 $ / sqft: $233 low | high Med: $233 On site: 32 low | high Med: 32 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | PINELLAS PARK |
| Zip Code | 33781 |
| Area | 33781 Pinellas Park |
| Community Name | HOFFMAN HEIGHTS |
| Listing VS Median (in HOFFMAN HEIGHTS) | |
Price: $315,000 low | high Med: $315,000 sqft: 1,354 low | high Med: 1,354 $ / sqft: $233 low | high Med: $233 On site: 32 low | high Med: 32 | |