Address: 500 75th Avenue N, ST PETERSBURG, FL 33702
Description
The Isle of St. Croix Apartments is a rare investment opportunity in the highly desirable Fossil Park area of St. Petersburg. This well maintained, single story community consists of 10 spacious 1BR/1BA units of approximately 600 SF each, across three concrete block buildings inclusive of a shared laundry room. Each apartment features a large living area, eat in kitchen with shaker cabinets, granite countertops, breakfast bar, oversized bedroom with walk in closet, and a private patio space. Ideally located just minutes from Downtown St. Pete, I 275, and the vibrant 4th Street corridor, offering convenient access to premier shopping, dining, and employment centers. Tenants pay electric and water/sewer (billed back), while the owner covers trash, lawn and pest service. Fully occupied with historically low vacancy, this property is a strong turnkey multifamily investment in a prime central location.
The Isle of St. Croix Apartments is a rare investment opportunity in the highly desirable Fossil Park area of St. Petersburg. This well maintained, single story community consists of 10 spacious 1BR/1BA units of approximately 600 SF each, across three concrete block buildings inclusive of a shared laundry room. Each apartment features a large living area, eat in kitchen with shaker cabinets, granite countertops, breakfast bar, oversized bedroom with walk in closet, and a private patio space. Ideally located just minutes from Downtown St. Pete, I 275, and the vibrant 4th Street corridor, offering convenient access to premier shopping, dining, and employment centers. Tenants pay electric and water/sewer (billed back), while the owner covers trash, lawn and pest service. Fully occupied with historically low vacancy, this property is a strong turnkey multifamily investment in a prime central location.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Ceramic Tile, Luxury Vinyl, Tile
Living Area: 6208.00
Roof: Shingle
Property Information
Property Condition: Completed
Land Information
Lot Features: Corner Lot, FloodZone, City Limits, Landscaped, Street Lights
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: See Remarks
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Electric: Separate Meters
Heating: Central
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 97334.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Microwave, Refrigerator
Country: US
Legal Description: MULLER'S SUB ADD LOTS 19 AND 20
The Isle of St. Croix Apartments is a rare investment opportunity in the highly desirable Fossil Park area of St. Petersburg. This well maintained, single story community consists of 10 spacious 1BR/1
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