For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Move-In Ready Condo with Pond View Title is generated by Realmo AI

    10263 GANDY N BOULEVARD 2114, St Petersburg, FL 33702

    View on Map
    Claim this Listing
    For Sale
    $100,000

    Second-floor condo with updated appliances and community amenities.

    Type:Condo/Townhome
    Property size:
    742 SF
    Price / SF:
    $134/SF
    Added:
    Oct 17, 2024
    Days on Market:
    620
    Last Refresh:
    May 19 at 9:34 pm

    Property Features for 10263 GANDY N BOULEVARD 2114

    General Information

    Standard status
    Active
    Size
    742 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1989

    We can help!

    Contact an agent
    Dana Fox

    Listing office ASCEND REALTY

    Listing date Oct 17, 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 ASCEND REALTY

    HighLights

    • Move‑in ready condo in the desirable, gated Itopia community with on‑site guard.
    • Updated appliances: new water heater (2022), dishwasher and refrigerator (2023), stove and microwave (2022), and washer and dryer (2022).
    • Private, covered balcony with a pond view.
    • Extensive community amenities: dog park, walking paths, fitness center, volleyball, basketball/racquetball courts, 2 pools with hot tubs, and tennis courts.
    • Vaulted ceilings create a bright and airy atmosphere.
    • Convenient location with easy access to Tampa International Airport, downtown St. Petersburg, and Gulf beaches.

    Overview

    This move-in-ready, second-floor end-unit condo is located in the Itopia community. The open floor plan includes a living room with a wood-burning fireplace. Appliances have been updated within the last two years, including a new water heater in 2022, dishwasher and refrigerator in 2023, and stove, microwave, washer, and dryer in 2022. The primary bedroom features a walk-in closet. Sliding doors from the living area and master bedroom lead to a private, covered balcony with a pond view. A washer and dryer are located in the utility closet off the kitchen. The 1-bedroom, 1-bath condo has vaulted ceilings. The location provides access to Tampa International Airport, downtown St. Petersburg, Gulf beaches, and essential services. The gated Itopia community includes a dog park, walking paths, a fitness center, volleyball and basketball/racquetball courts, two pools with hot tubs, and tennis courts. The community is gated with on-site guard.

    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 $13.4k $18.00
    − Vacancy −$948 −$1.28
    EGI $12.4k $16.72
    − OpEx −$5.6k −$7.52
    NOI $6.8k $9.20
    742 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $97.5K
    $85.3K – $113.7K (±1% cap)
    NOI $6,824 @ 7.0% cap · market cap 6.82%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $193.0K
    $168.9K – $225.2K (±1% cap)
    NOI $13,510 @ 7.0% cap · market cap 13.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Itopia Private Residences Condominium Complex GT Mortgage Solutions ... Loan Service Lamont D. Allen, ... Pharmacy Elegant Granite & Marble ... Building Supply A and A Clean Up, INC Commercial Cleaning Service

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6340174
    Latitude
    27.8697717

    FAQs

    What type of property is this?
    Residential income property - Second-floor condo with updated appliances and community amenities.
    Where is this residential income property located?
    The property is located at 10263 GANDY N BOULEVARD 2114 St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Move‑in ready condo in the desirable, gated Itopia community with on‑site guard.; Updated appliances: new water heater (2022), dishwasher and refrigerator (2023), stove and microwave (2022), and washer and dryer (2022).; Private, covered balcony with a pond view.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message