Spacious Waterfront Corner
5130 BRITTANY S DRIVE 408 St Petersburg, FL 33715
5130 BRITTANY S DRIVE 408, St Petersburg, FL, 33715
$385,900
For Sale
$385,900
Updated 1760 sqft corner unit with panoramic water views.
Property Size1,760 SF
Lot Size2.23 Acres
Price / SF$219.26
Days on Market866
Property Features for 5130 BRITTANY S DRIVE 408
General Information
- Standard status
- Active
- Size
- 1,760 SF
- Lot size
- 2.23 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1969
Listing Agency
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed by
Brenda Smith · License #3342352
(727) 538-9200
Source
Exitrealty
Added: Mar 5, 2024 Checked: Jul 19 at 3:59 am
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 CHARLES RUTENBERG REALTY INC
Investment Insights
Based on property information with market context.
This updated 1760 sqft corner unit offers a 270-degree panoramic view of tropical grounds and expansive water views. The kitchen features granite countertops and new stainless steel appliances. New flooring flows throughout the unit. The master suite includes a walk-in closet and an updated master bath with dual sinks, quartz counters, a vanity area, a linen closet, and a tiled shower. The master bedroom flows into a bonus room with views of the pool and Tampa Bay. The second entrance opens into the guest wing, which has water and pool views, a walk-in closet, and a bathroom. The community provides resort-like amenities, including four heated swimming pools, a jacuzzi/hot tub, four lighted tennis courts, pickle ball and shuffleboard courts, and a waterfront pavilion picnic and event area with a fire pit. A walkway path leads to a kayak storage area and launching dock, a fishing pier, and deep-water boat docks. The Residents Club features a fitness facility, saunas, a billiard room, a game room, a yoga/dance studio, an arts & crafts room with pottery kilns, a library, and a ballroom. Monthly fees cover cable, internet, trash, water, sewer, pest control, and laundry, but not electricity. Flood insurance is included. The unit has an assigned covered parking space. Located on an island on Boca Ciega Bay, the property is near St. Pete Beach, Pass-a-Grille, and Fort DeSoto Park, with access to downtown St. Petersburg, Sarasota, and Tampa via I-275.
Key Highlights
- Enjoy expansive 270‑degree panoramic water views from this corner unit, featuring impact‑resistant windows.
- Resort‑style living includes 4 heated pools, jacuzzi, tennis, pickleball, shuffleboard, waterfront pavilion, kayak launch, fishing pier, and boat docks.
- Updated unit showcases new stainless steel appliances, new flooring, granite countertops in the kitchen, and quartz countertops in the bathrooms.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.7k | $18.00 |
| − Vacancy | −$2.2k | −$1.28 |
| EGI | $29.4k | $16.72 |
| − OpEx | −$13.2k | −$7.52 |
| NOI | $16.2k | $9.20 |
1,760 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$231.2K
$202.3K – $269.8K
NOI $16,187 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.8K
$400.6K – $534.1K
NOI $32,045 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gulf Coast Destinations ...
Event Planning
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FAQs
What type of property is this?
Residential income property - Updated 1760 sqft corner unit with panoramic water views.
Where is this residential income property located?
The property is located at 5130 BRITTANY S DRIVE 408 St Petersburg, FL.
What is the asking price?
The asking price for this property is $385,900.
What are key features of this property?
This property features: Enjoy **expansive 270‑degree panoramic water views** from this corner unit, featuring impact‑resistant windows.; Resort‑style living includes 4 heated pools, jacuzzi, tennis, pickleball, shuffleboard, waterfront pavilion, kayak launch, fishing pier, and boat docks.; Updated unit showcases **new stainless steel appliances, new flooring, granite countertops in the kitchen, and quartz countertops in the bathrooms.**
