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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

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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.

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

Price $385,036 CAD
Price Per Unit $192,518 CAD
Sale Type Investment
Cap Rate 10.61%
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.13 AC
Building Size 1,158 SF
Average Occupancy 0%
No. Stories 2
Year Built/Renovated 1950/2025
Opportunity Zone Yes
Zoning R4

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 -

PROPERTY TAXES

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
  • Listing ID: 37544360

  • Date on Market: 2025-09-04

  • Last Updated:

  • Address: 2710 53rd Ave N, Saint Petersburg, FL 33714

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