254 115th Ave N APT 4, Saint Petersburg, FL, 33716 | 9.24% Rental Yield

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254 115th Ave N APT 4, Saint Petersburg, FL, 33716 | 9.24% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Saint Petersburg at 254 115th Ave N APT 4, Saint Petersburg, FL, 33716 offers a 9.24% rental yield on a $175,000 purchase with $1,348/mo rent. 46% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 62.63% and total cumulative return in cash at $36,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,348/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

$5,868 annually HOA

More details about the property

Welcome to your perfect Florida retreat! This spacious and charming 2-bedroom, 1-bath condominium is nestled in the highly sought-after Windward Pointe community in St. Petersburg. Featuring low-maintenance laminate and tile flooring throughout, this home seamlessly blends style and functionality to complement any dcor. Large windows fill the space with natural light, creating an airy, open atmosphere. The thoughtfully designed open floor plan offers plenty of room for both relaxation and entertaining, making this condo the perfect spot to unwind or host friends and family. Step outside onto your private screened balcony and enjoy peaceful views of the landscaped grounds, all from the comfort of your second-floor retreat. Convenience is key, with your own covered parking spot just steps from your door, and the community clubhouse and amenities right across the street. Take advantage of the resort-style pool and spa, perfect for lounging and enjoying the Florida sunshine, or fire up the BBQ in one of the dedicated grilling areas. The clubhouse is also available for private events, making it easy to host gatherings with family and friends. For active lifestyles, there are tennis and basketball courts, as well as an expansive open green space for sports and outdoor activities. Little ones will love the fully fenced playground, providing a safe and fun environment to play. Additionally, a residents-only car wash and vacuum station ensure your vehicle stays looking its best. The prime location of this condo is second to none. Youll be just minutes away from the world-renowned beaches of St. Petersburg and Tampa, with easy access to soft white sands and sparkling waters. Commuting is a breeze, with quick access to Tampa, the international airport, top employers, and world-class hospitals. Windward Pointe is also surrounded by a wealth of dining, shopping, and entertainment options, so youll always have something to do. Whether youre looking for a full-time residence or a seasonal getaway, this condo offers the perfect blend of comfort, convenience, and amenities. Dont miss your chance to own a piece of paradise!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33716, Saint Petersburg, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,631 (100%)
Owner Occupied HU	1,970 (15.6%)
Renter Occupied HU	9,502 (75.2%)
Vacant Housing Units	1,159 ( 9.2%)
Median Home Value	$149,441
Average Home Value	$266,786

Housing Distribution

Address Breakdown

Residential

10,520

Single Family

1,960

Multi-Family

8,560

Businesses

513

Price History

Date	Event	Price
2024-12-19	Listed for sale	$175,000
2022-10-12	Sold	$167,500
2022-09-13	Pending sale	$169,900

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2023-02-12	$2826.97	78.05%	$142,355	108.20%
2022-02-12	$1587.77	14.40%	$68,373	10.00%
2021-02-12	$1387.93	7.98%	$62,157	10.00%

Nearby investment properties with comparable rents

2 Bed
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1060 sft

7750 92nd St APT 208, Seminole, FL, 33777

2 Bed
2 Bath
1120 sft

9945 47th Ave N APT 210, Saint Petersburg, FL, 33708

2 Bed
1 Bath
860 sft

10116 Tulip St N #10116, Pinellas Park, FL, 33782

2 Bed
2 Bath
1355 sft

11200 102nd Ave UNIT 138, Seminole, FL, 33778

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1 Bath
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10039 62nd Ave N APT 5, Saint Petersburg, FL, 33708

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2 Bed
2 Bath
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10034 64th Ave N APT 24, Saint Petersburg, FL, 33708

2 Bed
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1010 sft

10035 63rd Ave N APT 4, Saint Petersburg, FL, 33708

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1974
Architectural Style: N/A
Building Area: 885
Living Area: 885 sqft
Property Condition: N/A

Features & Amenities

Heating: Central Electric
Cooling: Ceiling Fan(s), Central Electric
Flooring: Laminate, Tile
Interior Features: Pantry, Smoke Detectors, Guest Room, Laundry in Residence, Screened Balcony
Exterior Features: Screened Balcony, Storage, Tennis Court(s)
Parking Features: 1 Assigned, Covered, Guest, Paved, Detached Carport

Location

City: Saint Petersburg
State: FL
Subdivision: NOT APPLICABLE
Lot Size: N/A
Lot Features: Zero Lot Line
View: Landscaped Area, Parking Lot, Partial Buildings

HOA & Fees

HOA Fee: $5,868 annually
Association Fee: $5,868 annually
Fees & Dues: N/A
Association Amenities: Basketball Court, Barbecue, Clubhouse, Common Laundry, Park, Pool, Spa/Hot Tub, Storage, Pickleball, Play Area, Sidewalk, Streetlight, Underground Utility, Car Wash Area
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: Central
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Ilens Sanchez • Saggio Realty, Inc

Mls Name: SWFLMLS

Mls Provider: Mls

Mls ID: #224102587

Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

254 115th Ave N APT 4,Saint Petersburg,FL,33716

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

254 115th Ave N APT 4Saint PetersburgFL33716