6201 2nd St E UNIT 82, St Pete Beach, FL, 33706 | $614/mo Cash Flow

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6201 2nd St E UNIT 82, St Pete Beach, FL, 33706 | $614/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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 St Pete Beach at 6201 2nd St E UNIT 82, St Pete Beach, FL, 33706 uses $124,313 cash to close to unlock $7,366/yr annual cash flow and $614/mo monthly cash flow. Total monthly income runs $3,102/mo, and a $1,835/mo payment keeps the spread at $614/mo. Purchase price stands at $375,000, and rental yield measures 9.93% with $3,102/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 135.2% and total cumulative return in cash records $168,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,102/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

This stunning 2-bedroom, 2-bath corner unit comes fully furnished, with all its beautiful designer appointments. Enjoy abundant natural light from the southern and western exposure, enhanced by new hurricane-rated windows and doors with modern privacy blinds. The enclosed Florida room adds extra flexible space (not included in public records), perfect for relaxing or entertaining. Set within the sought-after Sylvette waterfront community, residents enjoy two sparkling pools, three BBQ and picnic areas, four park-like settings, and a private dock on the bayall surrounded by lush lawns and tropical breezes. Youre just steps from restaurants, cafs, and local favorites, with a pedestrian crossing directly to the beach right by Dunkin. Experience the best of St. Pete Beach living, where Sylvette and the city are building back better than everready for you to move in and start enjoying paradise today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,617 (100%)
Owner Occupied HU	6,397 (47.0%)
Renter Occupied HU	2,347 (17.2%)
Vacant Housing Units	4,873 (35.8%)
Median Home Value	$718,412
Average Home Value	$864,993