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For sale
Residential income properties
FL
St Petersburg
33710
6960 20TH N AVENUE 501

Corner Condo with Downtown Views

6960 20TH N AVENUE 501, St Petersburg, FL 33710

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For Sale

$189,000

Fifth-floor condo with split floor plan and prime amenities.

Type:Condo/Townhome

Property size:

1,150 SF

Lot size:

1.18 Acres

Price / SF:

$164/SF

HighLights

Largest floor plan in the complex, a corner end unit featuring a split floor plan and unparalleled views of downtown and beachside fireworks.
Prime amenities include a pool, clubhouse, park with shuffleboard, and private storage.
Meticulously maintained and recently renovated building with new roofs, exterior/interior paint, flooring, elevators, security cameras, updated pool, and clubhouse.
Dedicated covered parking space steps from the entrance.
Convenient location close to Tyrone Square Mall, Publix, CVS, restaurants, movie theaters, medical centers, the Pinellas Trail, pristine beaches, and downtown St. Petersburg.
Pet‑friendly community with no flood insurance required.

We can help!

Contact an agent

Rose Parsons

For Sale

$189,000

Fifth-floor condo with split floor plan and prime amenities.

Type:Condo/Townhome

Property size:

1,150 SF

Lot size:

1.18 Acres

Price / SF:

$164/SF

Added:: Nov 30, 2024
Days on Market:: 586
Last Refresh:: Apr 5 at 10:45 pm

Property Features for 6960 20TH N AVENUE 501

General Information

Standard status: Active
Size: 1,150 SF
Lot size: 1.18 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 1972

We can help!

Contact an agent

Rose Parsons

Listing office DALTON WADE INC

Listing date Nov 30, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE INC

HighLights

Largest floor plan in the complex, a corner end unit featuring a split floor plan and unparalleled views of downtown and beachside fireworks.
Prime amenities include a pool, clubhouse, park with shuffleboard, and private storage.
Meticulously maintained and recently renovated building with new roofs, exterior/interior paint, flooring, elevators, security cameras, updated pool, and clubhouse.
Dedicated covered parking space steps from the entrance.
Convenient location close to Tyrone Square Mall, Publix, CVS, restaurants, movie theaters, medical centers, the Pinellas Trail, pristine beaches, and downtown St. Petersburg.
Pet‑friendly community with no flood insurance required.

Overview

This fifth-floor, corner, end unit condo features a split floor plan and views of downtown and beachside fireworks. The property benefits from natural light and includes a dedicated covered parking space near the entrance, along with access to amenities such as a pool, clubhouse, park with shuffleboard, and private storage. The building has been maintained and recently renovated with new roofs, exterior and interior paint, flooring, elevators, security cameras, an updated pool, and clubhouse. The pet-friendly community is located close to Tyrone Square Mall, Publix, CVS, restaurants, movie theaters, medical centers, and the Pinellas Trail, and is also near beaches and downtown St. Petersburg. Bus access to downtown and the Dali Museum is readily available. The property size is 1150 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$20.7k	$18.00
− Vacancy	−$1.5k	−$1.28
EGI	$19.2k	$16.72
− OpEx	−$8.7k	−$7.52
NOI	$10.6k	$9.20

1,150 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$151.1K

$132.2K – $176.3K (±1% cap)

NOI $10,577 @ 7.0% cap · market cap 5.60%

Second Best

—

no second resolved use

Theoretical Best

Office A

$299.1K

$261.7K – $349.0K (±1% cap)

NOI $20,939 @ 7.0% cap · market cap 11.08%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: St Petersburg
County: Pinellas
State: Florida
Longitude: -82.7350813
Latitude: 27.7899204

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For sale
Residential income properties
FL
St Petersburg
33710
6960 20TH N AVENUE 501

What type of property is this?

Residential income property - Fifth-floor condo with split floor plan and prime amenities.

Where is this residential income property located?

The property is located at 6960 20TH N AVENUE 501 St Petersburg, FL.

What is the asking price?

The asking price for this property is $189,000.

What are key features of this property?

This property features: Largest floor plan in the complex, a corner end unit featuring a split floor plan and unparalleled views of downtown and beachside fireworks.; Prime amenities include a pool, clubhouse, park with shuffleboard, and private storage.; Meticulously maintained and recently renovated building with new roofs, exterior/interior paint, flooring, elevators, security cameras, updated pool, and clubhouse.