St Petersburg, FL 33701,1053 5TH ST N
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St Petersburg, FL 33701,1053 5TH ST N
St Petersburg, FL 33701,1053 5TH ST N
St Petersburg, FL 33701,1053 5TH ST N
St Petersburg, FL 33701,1053 5TH ST N

$750,000

Est. payment /mo

$800,000

6.3%
Est.Price: ?

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1053 5TH ST N St Petersburg, FL 33701

3 Beds

3 Baths

1,752 SqFt

SOLD DATE : 09/01/2023

Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,752 sqft

Price per Sqft $428

Subdivision Flahartys Wm Add

MLS Listing ID U8208559

Sold Date 09/01/23

Bedrooms 3

HOA Y/N No

Originating Board Stellar MLS

Year Built 1925

Annual Tax Amount $5,334

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40x100

Property Description

Under contract-accepting backup offers. Welcome to 1053 5th St N, a beautifully updated triplex in the heart of Historic Uptown, St. Petersburg. This property presents a fantastic opportunity for "house hacking" – a concept that's perfect for savvy buyers looking to maximize their investment. The triplex includes a front duplex and a FULLY FURNISHED charming back cottage, all centered around a serene courtyard. Each unit offers modern amenities while preserving historic charm, making it an ideal live-and-rent opportunity. You can live in one unit while renting out the others, significantly offsetting your mortgage and expenses. Updates include a brand new HVAC, updated electrical and plumbing, updated kitchens, recessed LED lighting, smart locks, and newer appliances. Located just steps away from downtown St. Pete, residents can enjoy a vibrant lifestyle with access to restaurants, art galleries, and shops. The courtyard provides a peaceful oasis for residents to relax and socialize. Currently operating as a 6.37% cap rate investment with value add potential to perform as an 8% cap rate or higher. Owner financing is available for qualified buyers with 50% down. Don't miss this unique opportunity to own a piece of history in Historic Uptown!

Location

State FL

County Pinellas

Community Flahartys Wm Add

Direction N

Interior

Interior Features Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments

Heating Central, Electric

Cooling Central Air

Fireplace true

Laundry Laundry Closet

Exterior

Exterior Feature Fence, Lighting, Sidewalk

Parking Features Driveway, Off Street, On Street, Parking Pad

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by COMPASS FLORIDA LLC
Bought with COASTAL PROPERTIES GROUP INTERNATIONAL

Karen Crotty

Advisor | License ID: SL3517831

+1(203) 314-7895

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