For Sale: This prime off-market Quadruplex North St Pete

Location: 1740 and 1750 13th Avenue North, Saint Petersburg, FL 33713

• Property Type: Two side-by-side single-level duplexes
• Unit Details: Four 1-bedroom, 1-bath units with walk-in closets and washer/dryer, each 600 sq ft
• Total Living Area: 2,386 sq ft
• Listing Price: $799,000
• Potential Rent: Approximately $1,667 per unit per month, based on current market rates in the area
• Additional Features: Each unit has its own fenced patio, and there is one shed for tool storage on the property. The tenants are white-collar professionals who appreciate the off-street 2 assigned parking spaces. One tenant is a professional landscaping manager at USF who maintains the landscaping of this property.

Investment Benefits:

• Strong Rental Demand: Saint Petersburg has seen a steady increase in rental demand, with the average rent for one-bedroom apartments rising to $1,550 per month over the past year.
• Rental Increases: Over the past 24 months, rental prices in Saint Petersburg have increased significantly, with some reports indicating a rise of up to 24% in a single year.
• Appreciation Potential: The neighborhood is experiencing significant development, expected to drive property values up in the coming years. The median home price in Saint Petersburg has appreciated by around 5.3% over the past year.
• Turnkey Condition: The property is off-market and requires no repairs, providing a hassle-free investment experience.

For pictures, click here

Property Management Benefits:

• No tenant placement fees
• No renewal fees
• No project management fees on repairs under $2k
• No contract cancellation fees

Meet Our team of Experts

Meet Vanessa Martin, the Lending Operations Manager at Graystone Investment Group, Lending GIG. Vanessa has been in the real estate industry since 2018 and brings over 23 years of business management experience to her role. Vanessa and her team take pride in serving clients and helping them achieve their goals. They work diligently to find the right financing options while maintaining a strong focus on excellent service. Feel free to schedule a time with Vanessa: https://graystoneig.com/vanessa

Hello! I’m Cody Bergstrom, Acquisitions/Dispositions Manager at Graystone Investment Group. Since 2021, I’ve helped clients acquire off-market properties with integrity and transparency. I aim to align your investments with your vision and deliver exceptional results. Let’s schedule a time to connect! https://graystoneig.com/cody

Hello, my name is Marylyn Patankar. As the Field Manager and New Client Ambassador, my job is to educate you on how Graystone Property Management is a better fit for you as investors, highlighting all the perks we offer. I oversee the onboarding of new investor landlords into our system and manage all essential on-site operations for our property management team. I look forward to speaking with you. Please feel free to schedule a convenient time on my calendar. https://graystoneig.com/marylyn