$254,000
About this home
Income-producing St. Petersburg rental opportunity featuring 3 bedrooms, 1 bathroom and approximately 1,176 square feet of living space. The residence is currently tenant occupied and generating $2,010 per month, allowing an investor to acquire an established rental property with income already in place. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
Property details
- MLS #
- MFRTB8547220
- Property type
- Single Family Residence
- Subdivision
- LEWIS ISLAND SEC 2
- Status
- Active
- Days on market
- 12
- On market date
- September 10, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.17 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 352
- Student:teacher ratio
- 12.1:1
- District
- PINELLAS
- Enrollment
- 796
- Student:teacher ratio
- 18.5:1
- District
- PINELLAS
- Enrollment
- 936
- Student:teacher ratio
- 18.0:1
- District
- PINELLAS
Walkability
Blended score for ST PETERSBURG's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in ST PETERSBURG, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 17 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.