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Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Property Details
Price: $200,000
Sq Ft: 1,180
($169 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: St Petersburg
County: Pinellas
Type: Condo
Development: Village Lake
Subdivision: Village Lake Condo
Virtual Tour/Floorplan:
View
Year Built: 1974
Listing Number: TB8547224
Status Code: A-Active
Taxes: $3,102.36
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Pets Allowed: Yes
Total Recurring Fees: $641
Total Recurring Fee Frequency: 0.00
Interior Features:
Ceiling Fans(s)
Financial Information:
Taxes: $3,102.36
Tax Year: 2025
Association Fee: $641.00
Association Fee Frequency: Monthly
Exterior Features:
Balcony
Equipment:
Cooktop
Range
Refrigerator
Additional Information:
MLS Area: 33716 - St Pete
Total Square Footage: 1,180
Price per Square Feet: $169.49
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2026-09-10 00:00:00
Pool Description: In Ground
Furnished: Unfurnished
Flooring: Tile, Vinyl
Roof: Membrane
Heating: Central, Electric
Cooling: Central Air
Laundry: Inside
Pets: Yes
Sewer: Public Sewer
Parcel ID: 18-30-17-94108-
Map of 10775 Village Club Circle #101, St Petersburg, FL 33716
Listing Courtesy Of: Compass Florida Llc
zach.steinberger@compass.com