Great income producing property in St. Pete. ALL UNITS RENTED. UNIT 1 RENTED AT $1500 LEASE UNTIL JANUARY 2025. UNIT 2 RENTED AT $1500 LEASE UNTIL MARCH 2025. UNIT 3 RENTED $1550 LEASE UNTIL JULY 2025. UNIT 4 RENTED $1500 LEASE UNTIL JULY 2025. THIS IS A TRUE 10 CAP INVESTMENT PROPERTY 4 separate buildings. With privacy backyards. New minisplit systems installed. Each unit has outside laundry and is fenced in for privacy. TENANTS IN PLACE SIT BACK COUNT YOUR CASH WHILE DRINKING A MARGARITA. Great property for some easy passive rental income. With all tenants in place this is a PROVEN 10 CAP PROPERTY GENERATING 65K PER YEAR. Hard to find in todays market.
Sold for $587,000
$587,000
5475 42ND STREET N, ST PETERSBURG, FL 33714
4beds
4baths
1,765sqft
Quadruplex, Multi Family
Built in 1946
-- sqft lot
$563,400 Zestimate®
$333/sqft
$2,320 Estimated rent
Home value
$563,400
$513,000 - $620,000
$2,320/mo
Zestimate® history
Owner options
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$2,320/mo
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$2,320/mo
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$4,003/mo
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$4,003/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lisa Davis 941-575-1717,
LISA DAVIS POWERHOUSE REAL 941-575-1717
Bought with:
Evan Perrett, 3526363
CENTURY 21 RE CHAMPIONS
Source: Stellar MLS,MLS#: P4930567
Originating MLS: East Polk
Originating MLS: East Polk
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Cooling
- Ductless
Appliances
- Laundry: Outside
Features
- None
- Has fireplace: No
Interior area
- Total interior livable area: 1,765 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Garden
- Fencing: Fenced
Lot
- Size: 5,894 Square Feet
- Dimensions: 46 x 127
Details
- Additional parcels included: 0
- Parcel number: 343016961560020010
- Zoning: R-4
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WEST BURNSIDE AT LEALMAN
HOA
- Has HOA: No
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $500,000
- Annual tax amount: $4,370
- Date on market: 5/29/2024
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Tenant pays: Electricity
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2024 | Sold | $587,000-5.9%$333/sqft |
Source:  Stellar MLS #P4930567 Report a problem | ||
| 6/17/2024 | Pending sale | $624,000$354/sqft |
Source: Stellar MLS #P4930567 Report a problem | ||
| 6/8/2024 | Price change | $624,000-0.2%$354/sqft |
Source: Stellar MLS #P4930567 Report a problem | ||
| 5/29/2024 | Listed for sale | $625,000+50.6%$354/sqft |
Source: Stellar MLS #P4930567 Report a problem | ||
| 10/5/2023 | Sold | $415,000-2.4%$235/sqft |
Source: Stellar MLS #T3472155 Report a problem | ||
| 9/15/2023 | Pending sale | $425,000$241/sqft |
Source: Stellar MLS #T3472155 Report a problem | ||
| 9/12/2023 | Listed for sale | $425,000+136.1%$241/sqft |
Source: Stellar MLS #T3472155 Report a problem | ||
| 2/2/2018 | Sold | $180,000+28.6%$102/sqft |
Source: Public Record Report a problem | ||
| 4/12/2017 | Sold | $140,000-11.9%$79/sqft |
Source: Public Record Report a problem | ||
| 10/12/2010 | Sold | $159,000$90/sqft |
Source: Public Record Report a problem | ||
| 7/22/2005 | Sold | $159,000+202.9%$90/sqft |
Source: Public Record Report a problem | ||
| 7/20/2001 | Sold | $52,500+110%$30/sqft |
Source: Public Record Report a problem | ||
| 5/10/2000 | Sold | $25,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,637 +83.5% | $500,000 +100% |
| 2024 | $6,342 +45.1% | $250,000 +81.3% |
| 2023 | $4,371 +18.1% | $137,903 +10% |
| 2022 | $3,702 +5.5% | $125,366 +10% |
| 2021 | $3,510 -6.3% | $113,969 -6.9% |
| 2020 | $3,747 +7% | $122,478 +10% |
| 2019 | $3,500 | $111,344 +11.7% |
| 2018 | $3,500 +7.8% | $99,687 +1% |
| 2017 | $3,246 +8.2% | $98,712 +7.3% |
| 2016 | $3,000 -18% | $91,989 -20% |
| 2015 | $3,660 -1.4% | $115,000 -1.5% |
| 2014 | $3,713 +2.6% | $116,700 +4.2% |
| 2013 | $3,620 | $112,000 +12% |
| 2011 | -- | $100,000 -9.1% |
| 2010 | -- | $110,000 +37.5% |
| 2005 | -- | $80,000 +60% |
| 2003 | $1,275 +17.1% | $50,000 +1.4% |
| 2002 | $1,089 | $49,300 +14.4% |
| 2001 | $1,089 | $43,100 |
Find assessor info on the county website
Neighborhood: West and East Lealman
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Nearby schools
GreatSchools rating
- 5/10Lealman Avenue Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Pinellas Park Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Dixie M. Hollins High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$563,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$563,400
- Florida
- Pinellas County
- Saint Petersburg
- 33714
- West and East Lealman
- 5475 42ND STREET N
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