$161,000
About this home
Income-producing condominium opportunity in St. Petersburg with an established tenant currently generating $2,000 per month in rental income. The property provides investors with immediate in-place income while retaining the flexibility to be purchased independently of the broader portfolio. The property is being marketed individually at $170,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Property details
- MLS #
- MFRTB8547225
- Property type
- Condominium
- Subdivision
- WINDJAMMER CONDO
- Status
- Active
- Days on market
- 1
- On market date
- September 10, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
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
- 559
- Student:teacher ratio
- 12.7:1
- District
- PINELLAS
- Enrollment
- 885
- Student:teacher ratio
- 20.1:1
- District
- PINELLAS
- Enrollment
- 57
- 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.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 28 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.