1743 Maryland Ave NE

St Petersburg, FL 33703
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3 bd, 1 ba | 1,173 sqft | Built in 1955

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$3,020

Total Return

$177,721

Annualized Return

42.7%

Cap Rate

12.0%

Gross Yield

19.2%

Cash Flow

$11,072

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,948

HOA

None

Flood Risk

High Risk - Zone AE

Home flooded in Hurricane Helene. This adorable home in one of St. Petersburg's most-loved neighborhoods, Shore Acres is ready for you to bring your imagination! Renovate, build up, lift, or tear down and build something awesome! This charming 3 bedroom, 1 bath home is light and bright. A neat double front door and large shade tree in the yard and screened porch add to the charm. The back yard could be an oasis with a chimney firepit and mature trees. Home has the hardwood pulled up down to the subfloor and the sheetrock is cut out. Sold As-Is. Investor special. Cash or hard money only. You get all the amenities that this beautiful area of St. Pete! Just minutes to downtown St. Pete, Trader Joes, Fresh Market, museums, restaurants and the Pier. Also, the Islander Market is just a few blocks away and the brand new Shore Acres Rec Center is just a 1/2 mile up the street where you can enjoy pickleball, basketball, and a new sparkling pool with waterslides. Call or text and schedule your showing. Easy to show on a short notice.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$34,428

Expenses

-$9,631

Property Taxes

-$3,450

Loan Payments

-$10,275

Net Cash Flow

$11,072

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Eric Emmerling
Agent License 3549281
EXP REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8359714
Last Updated: 03/10/2025 10:03
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