Overview
- Updated On:
- March 3, 2025
- 6,384 ft2
Description
Under contract-accepting backup offers. Call For Offers on October 31st, 2024. True St. Pete value add multifamily opportunity.
We are pleased to present 5848 Fairfield Ave, a true St. Pete value add multifamily investment opportunity, to the market. This 2 story 8 unit multifamily property is currently receiving just slightly below market rents, and boasts the opportunity to increase rents to market value after renovations. With the Pinellas Trail abutting it’s back yard, a 10 minute drive to both St. Pete Beach and Treasure Island, and a short walk to both Boca Ciega Highschool and Central Ave, this property sits in a prime location for long term appreciation.
Address: 5845 FAIRFIELD AVENUE S
City: ST PETERSBURG
Area: PASADENA PARK W A B REP
State/County: Pinellas
Zip: 33707
Country: US
Property Id: 79330
Price: $1,100,000
Property Size: 6,384 ft2
Property Lot Size: 0 ft2
Building Area Total: 7308
Construction Materials: Block
Contract Status Change Date: 2025-01-01
Cooling: Central Air
Cumulative Days On Market: 149
Days On Market: 149
Directions: Turn South on 49th Street from Central Ave. Turn East onto Fairfield Ave. The property will be on your right.
FoundationDetails: Slab
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Pinellas Suncoast
ListAgentAOR: Pinellas Suncoast
ListAgentEmail: davis@bridgewatercommercial.com
ListAgentFullName: Davis Nunneley
ListAgentKey: 5d7e7046b9a15c26a534f596ad83f961
ListAgentMlsId: 175509353
ListAgentPreferredPhone: 404-786-5588
ListOfficeKey: 18004612b972d085d88dd822e885a7a9
ListOfficeMlsId: 260032704
ListOfficeName: BRIDGEWATER COMMERCIAL RE
ListOfficePhone: 813-541-4254
ListingContractDate: 2024-08-05
ListingId: U8252643
ListingKeyNumeric: 733416665
LivingAreaUnits: Square Feet
LotSizeArea: 13930
LotSizeDimensions: 163 x 85
LotSizeSquareFeet: 13930
LotSizeUnits: Square Feet
MLSAreaMajor: 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
MlsStatus: Pending
NumberOfBuildings: 1
NumberOfUnitsTotal: 8
OnMarketDate: 2024-08-05
OriginalListPrice: 1100000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Sole Proprietor
ParcelNumber: 203116676440000030
PhotosCount: 20
RoadFrontageType: City Street
RoadSurfaceType: Asphalt
STELLAR_AlternateKeyFolioNum: 203116676440000030
STELLAR_BackupsRequestedYN: 1
STELLAR_CalculatedListPriceByCalculatedSqFt: 150.52
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 1100000
STELLAR_DaystoContract: 149
STELLAR_ExpectedClosingDate: 2025-03-20T04:00:00.000Z
STELLAR_FloodZoneCode: X
STELLAR_ListOfficeContactPreferred: 813-541-4254
STELLAR_ListOfficeHeadOfficeKeyNumeric: 513603396
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: Pending
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Facebook Marketplace,Realtor.com,SkySlope Offers
Other Features
Has Cooling System
$5,639.92
per month
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
$ 4,264.92
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