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3320 18TH ST N,  ST PETERSBURG, FL 33713

MLS# TB8405558.  5 beds.  0.0 baths.  Apartment.  Active

$8,392 in taxes (2024)

$789,998

 

Remarks:

Welcome to a rare income-producing gem in the heart of St. Petersburg's beloved Magnolia Heights neighborhood! This fully updated triplex sits on a spacious double lot and comes with not 3 but 4 active income streams — three furnished units plus a bonus RV/glamping lot that's already earning. The Numbers: 2024 verified net income of $105, 238. Projected hybrid income of $75, 000–$95, 000/year using a furnished medium-term rental model (30+ days) — perfectly suited for St. Pete's booming travel nurse, remote worker, and snowbird market. Expenses consistently low at ~$16, 000–$17, 000/year. Cap rate of 9.5 return+ at asking price. Detailed month-by-month financials are available to serious buyers upon request through the listing agent. Unit 3314 is a beautifully renovated 1BR/1BA with luxury vinyl flooring, granite countertops, indoor laundry, and a private backyard pergola. Unit 3312 is a charming 2-story 2BR/1BA with alley access, open-concept living, hurricane shutters, and an artificial turf backyard. Unit 3320 mirrors 3312's layout with all new appliances and updated landscaping. The bonus RV/glamping lot is already active with a 4.70 Airbnb rating across 20 reviews. Every unit features a private fenced backyard, dedicated parking, new AC, smart locks, and separate entrances. NO flood zone. Zero flooding or water damage history. Minutes from Downtown St. Pete, the beaches, St. Pete/Clearwater Airport, and the Tampa Bay healthcare corridor. Detailed financials are available to serious buyers through the listing agent.

Quick Info:

  • Listing is courtesy Of: MADISON HEIGHTS REALTY GROUP ((813-915-0030))
  • Listing Agent: Nicole Smith ((813-601-7769))
  • Days on yellowkey: 273
  • Property Type: Apartment
  • Beds: 5
  • Baths: 0.0
  • Living Area Square Feet: 2146
  • Built 1925
  • Taxes: $8,392 (2024)
  • Garage Spaces: ()
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  • Fees: $0
  • Pinellas County
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  • Occupancy Information: Tenant
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  • Subdivision Name: BEEVER O A SUB
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
7/10/2025Sale273TB8405558listed for sale$950,000-MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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