Call Now: Mobile: 904.248.9848

Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Broker IDX Sites Inc.
The Real Estate Professional You Deserve
Property Photos
626 31st Street S
  1. Image 1 of 9 For 626 31st Street S
  2. Image 2 of 9 For 626 31st Street S
  3. Image 3 of 9 For 626 31st Street S
  4. Image 4 of 9 For 626 31st Street S
  5. Image 5 of 9 For 626 31st Street S
  6. Image 6 of 9 For 626 31st Street S
  7. Image 7 of 9 For 626 31st Street S
  8. Image 8 of 9 For 626 31st Street S
  9. Image 9 of 9 For 626 31st Street S
Image Gallery

PRICED AT ONLY: $289,000

Address: 626 31st Street S, ST PETERSBURG, FL 33712

Description

Turnkey investment opportunity | cash flowing single family home in st. Petersburg's thriving grand central | palmetto park district immediate income. Zero hassle. Prime location. Discover a rare, tenant occupied investment property that combines strong cash flow with recent capital improvements and an established, reliable tenant. This well maintained 4 bedroom, 1 bathroom single family home is your gateway to hassle free passive income in one of st. Petersburg's most desirable and rapidly evolving neighborhoods. Investment at a glance monthly rental income: $2,372 | annual income: $28,464 this property is currently tenant occupied with a sec. 8 voucher holder with an annual lease, ensuring government backed rental payment security and immediate cash flow from day one. No vacancy, no turnover costs, no waitingjust instant returns. Recent major capital improvements your investment is protected with comprehensive recent updates that minimize future capital expenditures and maximize long term value: *newer roof long term protection and structural integrity *updated hvac system energy efficient climate control *newer water heater reliable hot water supply these major system upgrades provide peace of mind and reduce maintenance concerns, allowing you to enjoy predictable cash flow without the burden of immediate capital outlays. Why this investment stands out established tenancy: quality tenant already in place with a proven rental historyno tenant placement costs or learning curve. Low maintenance profile: recent updates to all major systems mean fewer repair calls and lower operational expenses. Strong market fundamentals: st. Petersburg's 33712 area continues to show consistent property value appreciation, supported by urban revitalization, an expanding job market, and growing cultural attractions. Location, location, location situated in the heart of the vibrant grand central district, this property benefits from one of st. Petersburg's most exciting neighborhood transformations. This eclectic area seamlessly blends historic charm with modern urban energy, featuring: walkable arts & culture scene galleries, murals, and creative spaces trendy dining & entertainment chef driven restaurants, craft breweries, and unique boutiques st. Pete paddle and social club just blocks away! State of the art indoor facility with 14 pickleball courts, 2 padel courts, 6 table tennis tables, plus restaurant and bar jim and heather gills ymca expansion major upgrades, including relocated athletic fields with artificial turf, expanded parking with a 600 space covered garage, and updated amenities upcoming whitney village exciting pedestrian only development featuring 380 apartments, 50 residential units, and 32,000 sq. Ft. Of retail spacecreating a vibrant new community hub unbeatable connectivity: 10 minutes to beach drive and downtown st. Pete 20 minutes to award winning gulf coast beaches under 30 minutes to tampa international airport the bottom line this is more than just a rental propertyit's a fully optimized income generating asset in a high growth market. With $2,372 in monthly cash flow, major systems already updated, an established tenant providing stability, and a location positioned in the path of st. Petersburg's continued revitalization, this home represents an exceptional opportunity to acquire a quality investment that performs from day one.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
  • MLS#: TB8437866 ( Residential )
  • Street Address: 626 31st Street S
  • Viewed: 10
  • Price: $289,000
  • Price sqft: $292
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 990
  • Bedrooms: 4
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 10
Request More Information
  • All fields are required.
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sidewalk
  • Flooring: Ceramic Tile
  • Living Area: 990.00
  • Roof: Built-Up
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Public, Sewer Available, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Range, Refrigerator
  • Country: US
  • Interior Features: Primary Bedroom Main Floor
  • Legal Description: CHANDLER'S REPLAT BLK 9A, LOT 6
  • Levels: One
  • Area Major: 33712 - St Pete
  • Occupant Type: Tenant
  • Parcel Number: 23-31-16-14778-091-0060
  • Views: 10

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin