For Sale
$899,000

834 Jackson StSt. Petersburg, FL 33705

Three-building rental property, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity in St. Petersburg, Florida, consists of three buildings on a 0.32-acre lot: a single-family home (3 bed/1 bath, 1,350 sq ft) and a neighboring duplex (two 1 bed/1 bath units, 350-506 sq ft each), and an adjacent single-family home (2 bed/1 bath, 886 sq ft). The total square footage is 3,092, with a current 100% occupancy rate. Built in 1925, this Class B property offers a pro-forma NOI of $67,700 and a pro-forma cap rate of 7.53%. The asking price is $899,000 ($290.75/sq ft). Located at 834 Jackson St N, St. Petersburg, FL 33705, this portfolio presents a compelling value-add investment opportunity in a prime location, offering strong rental income potential and the possibility of future appreciation. The property is offered fee simple and features a mix of charming vintage details and modern updates. The location provides convenient access to downtown St. Petersburg, beaches, major highways, and local attractions. This versatile property is ideal for investors seeking reliable rental income or a homeowner looking for additional rental income from neighboring units. The property's strong performance and desirable location make it a rare find in the St. Petersburg market.

Highlights

  • Prime St. Petersburg location near downtown, beaches, and major highways.
  • Three-building portfolio generating strong rental income with 100% occupancy.
  • Versatile investment opportunity suitable for both investors and owner-occupants seeking additional income.

Property Details for 834 Jackson St

Property type
Residential income homes
Square Feet
3,092 SF
Class
B
Year Built
1925
Buildings
3
Stories
2
Lot Size (sq. ft)
13,939 SF

Location Insight

City
St. Petersburg
County
Pinellas
State
Florida
Latitude
27.780868197952
Longitude
-82.648740437485
834 Jackson St, St. Petersburg, Florida

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834 Jackson St
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