$161,000
1400 GANDY BLVD N #803, St Petersburg, FL 33702
3
Beds
2
Baths
985
Sq Ft
1986
Year Built
Description
Income-producing condominium opportunity in St. Petersburg with an established tenant currently generating $2,000 per month in rental income. The property provides investors with immediate in-place income while retaining the flexibility to be purchased independently of the broader portfolio. The property is being marketed individually at $170,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Listing courtesy of Zach Steinberger, COMPASS FLORIDA LLC
Listing data courtesy of Stellar MLS as distributed by MLS Grid. The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Listings held by brokerage firms other than HauzMart Realty are marked with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but not guaranteed and should be independently verified. © Stellar MLS. All rights reserved.
Copyright notice (DMCA): if you believe any content on this website infringes your copyright, please send a notice to HauzMart Realty at [email protected] or 19508 Shumard Oak Dr, Suite 101, Land O Lakes, FL 34638. Notices concerning MLS data are forwarded to MLS Grid.
Data courtesy of Stellar MLS as distributed by MLS Grid as of Sep 11, 2026, 6:49 AM ET
