by RH Advisors

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Lealman 33709
5481 55th AVENUE N
$285,000
House - In Contract

5481 55th AVENUE N

ST PETERSBURG, FL 33709
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1187 Sqft
$1,778
Estimated Monthly
$0
HOA / Fees
5.99%
Cap Rate

About This Property

Under contract-accepting backup offers. Welcome to a lucrative investment opportunity nestled within a desirable community! This charming block home presents a prime chance for savvy investors to capitalize on its potential.

Boasting an updated roof (2021) and Terrazzo flooring, this property offers a solid foundation for future enhancements and increased value. The spacious backyard and screened-in front porch add to its allure, providing versatile outdoor spaces for tenants or future owners to enjoy.

Inside, the home features an open-concept layout, ideal for maximizing rental income or resale value. With two bedrooms and two baths, there's ample room for tenants or potential buyers to settle in comfortably.

The kitchen, equipped with its essential appliances and tile countertops, adds a touch of sophistication while offering practicality for everyday living. Adjacent to the kitchen, the dining area provides a seamless flow for entertaining or hosting gatherings.

Investors will appreciate the potential for long-term returns with this property. Whether you're looking to add to your portfolio or embark on a new venture, this investment opportunity promises both stability and growth potential.

Don't miss out on the chance to secure your foothold in this thriving market. Explore the possibilities and seize the opportunity today!
Unit Size
1,187Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$240
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1957
Listed By
Bobby King, Esq.
FRANKLIN BELL REALTY LLC
Last updated: 26 days ago (Stellar MLS #T3511227)

Price History

Date / Event Date Event Price
Apr 4, 2024 In contract -
In contract
Mar 29, 2024 Relisted $285,000
Relisted
Mar 20, 2024 In contract -
In contract
Mar 12, 2024 Listed by FRANKLIN BELL REALTY LLC $285,000
Listed by FRANKLIN BELL REALTY LLC

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Curb Parking, Driveway, Garage Door Opener, Ground Level
Garage Spaces: 1
Garage Dimensions: 19x15
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Thermostat
Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Ceramic Tile, Terrazzo, Hardwood
Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup

Room Information

Rooms: 8

Fireplace Information

Has Fireplace
Fireplace Features: Family Room

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 315
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,460
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,622
  • Gross Building Area: 1,622
  • Building Area: 1,187
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,187
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNNY LAWN ESTATES
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNNY LAWN ESTATES BLK 3, LOT 2

Ownership

  • Current Owner : CLEVELAND JAMES F
  • Current Owner 2: CLEVELAND ALICE T
  • Previous Owner : TIPTON BETTY JANE

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0003, 0011
  • Census Tract: 024801

Geography

  • Assessors Map Reference: 207
  • Account Number: R367188
  • District: LFPW
  • Subdivision Tract Number: 86868
  • Parcel: 33-30-16-86868-003-0020
  • Block: 3
  • Lot: 2
  • Meridian: SEC 33 TWN 30S RNG 16E
  • Municipality: LEALMAN FIRE, PP WTR MGT
  • Latitude: 27.8219
  • Longitude: -82.7077

    Address

  • Full Address: 5481 55th Ave N
  • Address - House Number: 5481
  • Street Segment Direction: N
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Saint Petersburg
  • Carrier Code: C062
  • 4-Digit Zip Code: 2131
  • Zip Code: 33709

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,097
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: LFPW

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 348,223
  • High Value: 426,461
  • Low Value: 269,984

    Market Valuation

  • Market Total Value: $193,309
  • Market Land Value: $106,600
  • Market Improvement Value: $86,709

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $193,309
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $86,709

    Sales

  • Current Sale Contract Date: Jun 08, 2011
  • Current Sale Recording Date: Jun 22, 2011
  • Current Sale Transaction ID: 1063828254
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011165223

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
908 ft²
$325/ft²
$295,000 Feb 23, 2024
$295,000 Apr 4, 2024
$385/mo
House
2 Beds
1 Bath
876 ft²
$339/ft²
$297,000 Feb 2, 2024
$297,000 Mar 8, 2024
$234/mo
House
2 Beds
1 Bath
1,053 ft²
$297/ft²
$313,000 Jul 9, 2023
$313,000 Sep 25, 2023
$151/mo
House
2 Beds
1 Bath
1,080 ft²
$241/ft²
$260,000 Dec 12, 2023
$260,000 Dec 29, 2023
$234/mo
House
2 Beds
1 Bath
878 ft²
$310/ft²
$272,000 Apr 7, 2023
$272,000 May 25, 2023
$242/mo
House
2 Beds
1 Bath
892 ft²
$353/ft²
$315,000 May 10, 2023
$315,000 Jun 16, 2023
$82/mo
House
2 Beds
1 Bath
1,200 ft²
$238/ft²
$285,000 Sep 27, 2023
-
$77/mo
House
2 Beds
1 Bath
1,064 ft²
$268/ft²
$285,000 Mar 6, 2024
-
$369/mo
Townhouse
2 Beds
3 Baths
1,270 ft²
$268/ft²
$339,900 Mar 11, 2024
-
$665/mo
House
2 Beds
1 Bath
824 ft²
$340/ft²
$279,900 Mar 27, 2024
-
$43/mo
House
2 Beds
1 Bath
816 ft²
$398/ft²
$325,000 Mar 1, 2024
-
$92/mo
Townhouse
2 Beds
2 Baths
1,102 ft²
$226/ft²
$249,500 Mar 27, 2024
-
$240/mo

About Lealman


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Frequently Asked Questions

When was property at 5481 55th Avenue North built and last sold?
The property at 5481 55th Avenue North was built in 1957 and last sold on Jun 8, 2011 for $75,000.
How much is this home worth?
The estimated value of the home located at 5481 55th Avenue North is $286,203.
What are some comparable homes to 5481 55th Avenue North?
Homes that are comparable to 5481 55th Avenue North include a house property at 5756 56th Terrace North, a townhouse property at 5328 60th Avenue North, a house property at 5380 43rd Terrace North.

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