6400 Pelican Dr., St. Petersburg, FL 33707

6400 Pelican Dr., Saint Petersburg, FL 33707
Photo 1 of 76
$699,000
Beds Baths Sq. Ft. Taxes Built
3 2.0 1,768 $7,325 1953
On the market: 46 days

Est. Monthly Payment:

$4,607($3,997 + $610 taxes*)

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APPROVED
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Investor’s Dream! High-Yield 3-Bedroom Oasis with Pool! Discover an unparalleled investment opportunity with this stunning 3-bedroom, 2-bathroom property, perfectly situated in an unincorporated area in St Petersburg FL, ideal for short-term rentals. This charming home boasts a beautiful pool oasis, offering guests a serene retreat just minutes from Florida's famous sandy beaches and local attractions. Split floor plan, with an oversized primary suite and an open floor plan with the kitchen, dining, and family room all in one. Great for entertaining! Currently generating over $90,000 annually, this property has a cap rate of approximately 9%, with even greater potential for increased revenue. Its strategic location and desirable amenities make it a standout choice for savvy investors looking to maximize their returns. Others in the neighborhood have been producing over 150k a year putting that over a 10% cap rate. Don’t miss out on this rare chance to own a high-performing asset in a prime rental market. Contact us today to learn more and schedule a viewing!
Listing courtesy of Aaron Beeman, GULFPORT REALTY