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$399,900

For Sale - Active
5629 36th Ave N, Saint Petersburg, FL 33710
2 Beds
2 Baths
995 Square Feet
0.21 Acres Lot
Built in 1956
For Sale - Active
1 Units
Checked: 13 hours ago
Updated: Jul 16, 2025 at 07:54AM

Investment Summary


Monthly Cash Flow
-$1,060
Cap Rate
3.0%
Cash-on-Cash Return
-13.8%
Debt Coverage Ratio
0.48
Internal Rate of Return (5 years)
-9.4%

Property Description


0.21 Acres Lot
Built in 1956
For Sale - Active
1 Units

Step into this beautifully updated 2-bedroom, 2-bathroom home where classic charm meets modern convenience. The home has been thoughtfully refreshed with stylish upgrades throughout. The fully renovated kitchen is a true highlight, featuring brand-new cabinetry, sleek countertops, and stainless steel appliances that blend function and design seamlessly. An open layout fills the home with natural light, creating a bright and inviting atmosphere, while the two spacious bedrooms and updated bathrooms offer both comfort and practicality. Fresh finishes, modern fixtures, and attention to detail make this home completely move-in ready. Outside, a generous yard provides the perfect canvas for relaxing, entertaining, or future customization. Whether you're buying your first home, downsizing, or investing, this updated gem offers lasting value and timeless appeal.

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Location


Property Details


Parking

  • Description: Mixed
  • Details: Attached
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 3
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 093116963720010020
  • Lot Size: 9095 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1956

Tax Information

  • Annual Tax: $4,700

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Pinellas

Listing Details


Listed by:
Lorena Hernandez
SAFETYNET REALTY
(386) 383-0044

Source:
Stellar MLS
MLS#: O6310649
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,060
Cap Rate
3.0%
Cash-on-Cash Return
-13.8%
Debt Coverage Ratio
0.48
Internal Rate of Return (5 years)
-9.4%

Purchase Details

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Purchase price:
$399,900
Amount financed:
-$319,920
Down payment:
$79,980
Closing costs:
$11,997
Rehab costs:
$0
Initial cash invested:
$91,977
Square feet:
995
Cost per square foot:
$402
Monthly rent per square foot:
$2.01

Financing Details

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Loan amount:
$319,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,048
Property tax:
$392
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,580

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (20%)
20%-$392-$4,701
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (45%)
45%-$892-$10,701

Cash Flow


Monthly Yearly
Net operating income:
$988 $11,856
Mortgage payments:
-$2,048 -$24,576
Cash flow:
$1,060 $12,720