$149,000
●
Condo -
Off Market
16333 Gulf BOULEVARD #118
ST PETERSBURG, FL 33708
1 Bed
1 Bath
555 Ft²
$1,201
Est. Monthly
8.16%
Cap Rate
About This Property
Great Opportunity to Purchase! Royal Orleans is a mid-size,
friendly community that allows SHORT TERM RENTALS. It is just
across the street from the beach and is a POPULAR VACATION
DESTINATION. The first level of condos was damaged during
Helene but remediation has begun. The Association is working
to restore the buildings and grounds and the contents and drywall
have been removed from the unit. This unit is a ONE BEDROOM
on the ground floor - one of the LARGEST in the community!
The living area is spacious with natural light, the bath
large with a walk in shower and a bedroom that looks to the
community courtyard. THE COURTYARD is a delightful place -
HEATED POOL, sunning deck, shaded areas, BBQ grill. Next to
the property is a city park that has playgrounds, basketball,
picnic area and more. Some great restaurants and shops are
nearby. The community is two-stories, EXEMPTING it from the
Structural Milestone Inspection. Now is the time to purchase this
VALUE-PRICED condo for your own enjoyment or for FUTURE INCOME!
Unit Size
555 Ft²
Days on Market
38 days
Land Size
0.56 acres
Price per sqft
$333
Property Type
Condo
Property Taxes
$292
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (Stellar MLS #TB8325758)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Dec 3, 2024 | Listed by THE AMBROSIO GROUP | $185,000 | |
| Listed by THE AMBROSIO GROUP | |||
Property Highlights
Interior Details
Full Bathrooms: 1
Interior Features: Living Room/Dining Room Combo
Appliances: None
Flooring Type: Other
Laundry Features: None
Rooms: 3
Exterior Details
Square Footage: 555
Square Footage Source: $0
Year Built: 1950
Building Area Total: 555
Levels: One
Building Area Units: Square Feet
Construction Materials: Block
Pool Features: Gunite, Heated, In Ground
Pool is Private
Lot Size Area: 24265
Lot Size Units: Square Feet
Lot Size Acres: 0.56
Lot Size Square Feet: 24265
Tax Lot: 1180
Water Source: Public
Financial Details
Tax Annual Amount: $3,501
Lease Considered: Yes
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Grounds, Manager, Pool Maintenance, Sewer, Trash, Water
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2026
|
1 Bed
|
1 Bath
|
525 ft²
|
$336,000
1 Bed
1 Bath
525 ft²
|
$300,000
-10.71%
09/14/2026
|
Lindsey Van Deilen
INNOVATE REAL ESTATE, LLC
| |
|
02/04/2025
|
Studio
|
1 Bath
|
340 ft²
|
$185,000
Studio
1 Bath
340 ft²
|
$180,000
-2.70%
08/22/2025
|
Stephanie Brown
TOMLIN, ST CYR & ASSOCIATES LLC
| |
|
02/04/2025
|
1 Bed
|
1 Bath
|
340 ft²
|
$185,000
1 Bed
1 Bath
340 ft²
|
$175,000
-5.41%
05/23/2025
|
Stephanie Brown
TOMLIN, ST CYR & ASSOCIATES LLC
| |
|
02/04/2025
|
1 Bed
|
1 Bath
|
360 ft²
|
$195,000
1 Bed
1 Bath
360 ft²
|
$175,000
-10.26%
05/09/2025
|
Stephanie Brown
TOMLIN, ST CYR & ASSOCIATES LLC
| |
|
12/03/2024
|
1 Bed
|
1 Bath
|
555 ft²
|
$185,000
1 Bed
1 Bath
555 ft²
|
$149,000
-19.46%
01/10/2025
|
Elle Schwandt, LLC
THE SEASIDE REAL ESTATE STORE
|
Building Info
About Redington Beach
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Listed by: Elle Schwandt, LLC
THE AMBROSIO GROUP
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8325758
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
THE AMBROSIO GROUP
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8325758
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017