Renovated Condo with Pool
1860 MASSACHUSETTS AVENUE NE St Petersburg, FL 33703
1860 MASSACHUSETTS AVENUE NE, St Petersburg, FL, 33703
$144,999
Pending
For Sale
$144,999
Pending
Half Duplex - ST PETERSBURG, FL
Property Size610 SF
Lot Size3.08 Acres
Days on Market727
Property Features for 1860 MASSACHUSETTS AVENUE NE
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- New Construction
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Kitchen, Living Room
- Parking features
- Carport
- Pets allowed
- Cats OK, Dogs OK
- Interior features
- Thermostat, Walk-in Closet(s)
- Exterior features
- Balcony
- Appliances
- Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
- Standard status
- Pending
- APN
- 04-31-17-74075-000-2140
- Size
- 610 SF
- Lot size
- 3.08 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 367.45
- Expense value
- 354
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water front features
- Lake Front, Waterfront
- Water front
- 1
Building Details
- Year built
- 1974
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block
- Architectural style
- Other
Listing Agency
BEYCOME OF FLORIDA LLC
(844) 239-2663
400 NW 26th Street, Miami, FL
Listed by
Steven Koleno · License #3469487
(844) 239-2663
Added: Jul 24, 2024 Updated: Jun 23 at 6:10 pm Checked: Jul 20 at 4:06 pm
MLS# O6226609
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated condo includes a master bedroom with a large closet and a renovated bathroom with a tiled shower and vanity with storage. Building amenities include a pool overlooking the lake, a common leisure lounge with restroom, secure bicycle storage, and an all-encompassing high-tech security system with cameras. Laundry facilities are available on every floor, and the building also has an elevator.
The property offers 1 reserved assigned parking lot space and includes plenty of extra parking. HOA fees cover water, sewer, trash, building insurance, building flood insurance, and maintenance.
The community is all-age and described as investor-friendly, with no years to own prior to lease. The building has also passed a milestone structural inspection phase I, and a structural integrity reserve study has been completed.
The property offers 1 reserved assigned parking lot space and includes plenty of extra parking. HOA fees cover water, sewer, trash, building insurance, building flood insurance, and maintenance.
The community is all-age and described as investor-friendly, with no years to own prior to lease. The building has also passed a milestone structural inspection phase I, and a structural integrity reserve study has been completed.
Key Highlights
- Lakefront condo with balcony and central air, heated by electric heating
- Renovated interior with tile flooring and a renovated bathroom featuring a tiled shower and vanity with storage
- Master bedroom includes a walk‑in closet; interior features include thermostat and walk‑in closet(s)
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 | $11.0k | $18.00 |
| − Vacancy | −$780 | −$1.28 |
| EGI | $10.2k | $16.72 |
| − OpEx | −$4.6k | −$7.52 |
| NOI | $5.6k | $9.20 |
610 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$80.1K
$70.1K – $93.5K
NOI $5,610 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$158.7K
$138.8K – $185.1K
NOI $11,107 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Renovated condo features tiled shower, elevator building, on-site laundry, pool, and HOA coverage for key utilities and insurance.
Where is this residential income property located?
The property is located at 1860 MASSACHUSETTS AVENUE NE St Petersburg, FL.
What is the asking price?
The asking price for this property is $144,999.
What are key features of this property?
This property features: Lakefront condo with balcony and central air, heated by electric heating; Renovated interior with tile flooring and a renovated bathroom featuring a tiled shower and vanity with storage; Master bedroom includes a walk‑in closet; interior features include thermostat and walk‑in closet(s)
