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2710 53rd Ave N 2 Unit Apartment Building Offered at $385,036 CAD at a 10.61% Cap Rate Saint Petersburg, FL 33714



INVESTMENT HIGHLIGHTS
- NEW ROOF - NEW A/C UNITS - NEW KITCHEN CABINETS
- UNITS ARE RENT READY
- NEW TILE FLOOR - NEW APPLIANCES - NEW LIGHT FEATURES
EXECUTIVE SUMMARY
FULLY RENOVATED DUPLEX !
BEAUTIFUL PROPERTY!
Renovated property, great conditions, fresh paint throughout, move in ready, won't last long on the market!
Excellent and convenient location! Walking distance to bus stop, close to shopping mall, hospital, schools, restaurants, parks, easy interstate access to downtown, airport, beaches, and many other amenities.
BEAUTIFUL PROPERTY!
Renovated property, great conditions, fresh paint throughout, move in ready, won't last long on the market!
Excellent and convenient location! Walking distance to bus stop, close to shopping mall, hospital, schools, restaurants, parks, easy interstate access to downtown, airport, beaches, and many other amenities.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$49,522
|
$42.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,522
|
$42.77
|
| Taxes |
$4,634
|
$4.00
|
| Operating Expenses |
$3,439
|
$2.97
|
| Total Expenses |
$8,074
|
$6.97
|
| Net Operating Income |
$41,449
|
$35.79
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $49,522 |
| Annual Per SF | $42.77 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $49,522 |
| Annual Per SF | $42.77 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,634 |
| Annual Per SF | $4.00 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,439 |
| Annual Per SF | $2.97 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $8,074 |
| Annual Per SF | $6.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $41,449 |
| Annual Per SF | $35.79 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Washer/Dryer Hookup
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Yard
- Lawn
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $2,200 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 02-31-16-33930-002-0160 | Total Assessment | $245,572 CAD |
| Land Assessment | $153,352 CAD | Annual Taxes | $4,634 CAD ($4.00 CAD/SF) |
| Improvements Assessment | $92,220 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
02-31-16-33930-002-0160
Land Assessment
$153,352 CAD
Improvements Assessment
$92,220 CAD
Total Assessment
$245,572 CAD
Annual Taxes
$4,634 CAD ($4.00 CAD/SF)
Tax Year
2025
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2710 53rd Ave N
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