834 Jackson StSt. Petersburg, FL 33705

Property Details for 834 Jackson St

Year built

1925

Lot size

0.32 AC

Property size (Sq ft)

3,092 SF

Property type

Residential income homes

Description

This exceptional investment opportunity in St. Petersburg, Florida, consists of three buildings on a 0.32-acre lot: a single-family home (3 bed/1 bath, 1,350 sq ft) and a neighboring duplex (two 1 bed/1 bath units, 350-506 sq ft each), and an adjacent single-family home (2 bed/1 bath, 886 sq ft). The total square footage is 3,092, with a current 100% occupancy rate. Built in 1925, this Class B property offers a pro-forma NOI of $67,700 and a pro-forma cap rate of 7.53%. The asking price is $899,000 ($290.75/sq ft). Located at 834 Jackson St N, St. Petersburg, FL 33705, this portfolio presents a compelling value-add investment opportunity in a prime location, offering strong rental income potential and the possibility of future appreciation. The property is offered fee simple and features a mix of charming vintage details and modern updates. The location provides convenient access to downtown St. Petersburg, beaches, major highways, and local attractions. This versatile property is ideal for investors seeking reliable rental income or a homeowner looking for additional rental income from neighboring units. The property's strong performance and desirable location make it a rare find in the St. Petersburg market.

Location Insight

City

St. Petersburg

County

Pinellas

State

Florida

Latitude

27.7809

Longitude

-82.6487

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