The largest property in the portfolio, a 4-bed, 2-bath in St. Pete’s appreciating 33705 corridor. Move-in ready with projected market rent at $2,449/month, combining size, location, and strong yield in one deal.
Quick Snapshot
- Property type: Single-family home
- Beds / Baths: 4 beds, 2 baths
- Living area: 1,620 sqft
- List price: $299,900
- Status: Vacant, not currently rented
- Estimated market rent: $2,449 per month
- Estimated ARV: $365,000
Why This Deal Works
- Pinellas County 33705, adjacent to Old Southeast and Bartlett Park, both gentrifying neighborhoods with documented appreciation tailwinds
- Largest property in the slate at 4 beds, 2 baths, 1,620 sqft, pulling family-sized rent of $2,449 at projected market
- St. Pete’s no-state-income-tax appeal plus waterfront draw continues to attract retirees and remote-work transplants from the Northeast
- Vacant on close means the buyer can refresh and re-list at top-of-market rent without inheriting a below-market lease
Investment Highlights
- $2,449/month projected market rent equals $29,388 annualized, the highest absolute rental income across the entire slate
- ~$65,000 list-to-ARV spread is the largest dollar equity capture of any property in the package
- 4-bed, 2-bath, 1,620 sqft sits at the high end of family-rental demand in St. Pete and pulls premium tenants on longer leases
- Eligible for short-term or mid-term rental conversion given proximity to downtown St. Pete, the beaches, and the 4th Street corridor
Additional Information:
Ready to move forward or need more details? Contact Jorge Vazquez today at 813-679-6177 or email jorge@graystoneig.com to discuss this opportunity and get your questions answered.
Book an Expert
New investor? Start with Jorge.
Jorge Vazquez – CEO & Investment Strategist at Graystone. Let’s make your portfolio stronger, steadier, and more profitable.
Deals? Book with Cody.
Meet Cody Bergstrom, Your Expert in Finding Deals Let’s find an off-market deal that actually works for you.
Need financing? Book with Lisa.
Meet Lisa Kaye Price, the LendingGig Top ML Let’s figure out the smartest way to fund your next deal.
Looking for PM? Book with Jay
Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.
