801 18TH STREET S, St Petersburg, FL 33712
- 3 beds |
- 1 bath |
- 920 sqft
Single-Family Home
Built in 1948
6,098sqft lot
1 car garage
$234/sqft
Listed 3 days ago
Property Description
TURNKEY INVESTMENT PROPERTY - EXCEPTIONAL SINGLE-FAMILY RENTAL. This well-maintained 3-bedroom, 1-bathroom home offers immediate cash flow with an established, reliable tenant in place. Perfect for investors seeking a hassle-free addition to their portfolio. PROPERTY HIGHLIGHTS: Monthly Rental Income: $2,127 (Annual: $25,524). Stable Tenancy: Section 8 voucher recipient with annual lease agreement. Move-in Ready: Tenant occupied and cash-flowing from day one. RECENT MAJOR UPDATES: Newer Roof - Long-term protection and peace of mind. Updated HVAC System. Newer Water Heater. Complete Cosmetic Renovations - Fresh updates inside and out. INVESTMENT ADVANTAGES: Guaranteed Income through Section 8 program. Low Maintenance with recent major system updates. Established Rental History with quality tenant. Strong Rental Market in desirable St. Petersburg area. LOCATION BENEFITS: Situated in the sought-after 33705 area of St. Petersburg, this property benefits from the city's continued growth and urban revitalization. The area has shown consistent property value appreciation with the local rental market remaining strong, supported by St. Petersburg's expanding job market and cultural attractions. FINANCIAL PERFORMANCE: Gross Annual Income: $25,524. Immediate Cash Flow from established tenancy. Section 8 Program provides rental payment security. Recent Updates minimize future capital expenditures. IDEAL FOR: Buy-and-Hold Investors seeking stable returns. First-Time Rental Property buyers (turnkey ready). Portfolio Diversification with single-family residential. 1031 Exchange opportunities. Out-of-State Investors wanting hands-off management. This property represents a rare opportunity to acquire a fully-updated, income-producing single-family home with immediate positive cash flow. The combination of recent major improvements, established Section 8 tenancy, and prime St. Petersburg location creates an exceptional investment opportunity. Key Investment Metrics: Stable monthly income of $2,127. Recent capital improvements completed. Reliable tenant with government-backed rental assistance. Growing market with strong fundamentals. Don't miss this turnkey investment opportunity - Quality cash-flowing properties with established tenants are increasingly rare in today's competitive market!
- Listing Status:
- Active
- Date Added:
- September 29, 2025 at 05:00AM
- Listing Office:
- INSTA REAL ESTATE SOLUTIONS : 813-586-0654
- Listing Agent:
- Charles Rountree, P.A. : 813-586-0654
- MLS ID:
- TB8432566

- General: OtherSidewalk
- Style: Bungalow
- Roofing: Shingle
- General: Vinyl SidingWood FrameOneConcrete Perimeter
- Road/Access: Street Paved
- Originating MLS: Stellar MLS
- County: Pinellas
- Zoning: CLAYO SUB LOT 15253116158040000150
- Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
- Water: Public
- Sewer: Public Sewer
- Source: Stellar MLS
This listing courtesy of Charles Rountree, P.A., INSTA REAL ESTATE SOLUTIONS
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Melrose Elementary
1752 13th Ave S, Saint Petersburg, FL, 33712
Grades PK-5
0.32 miles away
John Hopkins Middle School
701 16th St S, Saint Petersburg, FL, 33705
Grades 6-8
0.13 miles away
Pinellas Mycroschool of Integrated Academics and Technologie
840 3rd Ave S, Saint Petersburg, FL, 33701
Grades 9-12
0.85 miles away