Overview
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.
Virtual Tour
Address
- Street10775 VILLAGE CLUB #101
- CitySt Petersburg
- SubdivisionVILLAGE LAKE CONDO
- CountyPinellas
- StateFL
- Zip33716
- MLS #TB8547224
Interior
- AppliancesCooktop, Range, Refrigerator
- Bathrooms Full2
- Bathrooms Half0
- Bathrooms Total Integer2
- Bedrooms Total3
- CoolingCentral Air
- CoolingYes
- FlooringTile, Vinyl
- FurnishedUnfurnished
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesCeiling Fan(s)
- Laundry FeaturesInside
- LevelsOne
- Living Area1,180
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
- Rooms Total3
Exterior
Structure
- Building Area Total1,180
- Construction MaterialsBlock
- Foundation DetailsSlab
- Stories Total1
- Year Built1974
Financial
- Association Fee641
- Association Fee FrequencyMonthly
- Association Fee IncludesCommon Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Pool Maintenance, Sewer, Trash, Water
- AssociationYes
- Parcel Number183017941080291010
- Pets AllowedYes
- Tax Annual Amount3,102
- Tax Block0
- Tax Book Number33-11
- Tax Legal DescriptionVILLAGE LAKE CONDO BLDG 10775, UNIT 101 TOGETHER WITH THE USE OF PARKING SPACE 335
- Tax Lot0
- Tax Year2025
Features & Amenities
Meet your agent

Lori Hopkins
Listing Agent
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