Cherie Callahan
REALTOR®, GRI, ASP
BEDS3
BATHS2 full
SQUARE FEET1,180
MLS#TB8547224
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONVILLAGE LAKE CONDO
Property Description
Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. 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 Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Roof Type: Membrane
Stories: 1.0
Taxes: $3,102
Year Built: 1974
Amenities
Ceiling Fans(s)
Balcony
Feature Descriptions
Appliances: Cooktop, Range, Refrigerator
Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Court(s)
Directions: From 10775 Village Club Cir, condo is on the left
Exterior: Block
Flood Zone Code: AE
Flooring: Tile, Vinyl
Foundation: Slab
HOA Fee: 641/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Ownership: Condominium
Pets Allowed: Yes
Pets Restrictions: Verify with HOA
Pets Weight (Max): 100
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 727-380-2067
Shown By
Agent Name: Cherie Callahan
Agent Phone: (813) 220-4328
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 761.95 per month $445.11 Principal & Interest $258.50 Property Tax $58.33 Homeowner's InsuranceChange Payment Information
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10775 Village Club Circle N, Unit 101 | MLS# TB8547224
This condo located at 10775 Village Club Circle N, Unit 101, Saint Petersburg, FL 33716 is currently listed for sale with an asking price of $200,000. This property was built in 1974 and has 3 bedrooms and 2 full baths with 1180 sq. ft. Village Club Circle N, Unit 101 is located in the VILLAGE LAKE CONDO subdivision. Search VILLAGE LAKE CONDO real estate on ccallahan.floridaexecutiverealty.com today.