This property in Saint Petersburg offers a promising rental potential with an estimated monthly rent range of $1,795 to $2,500. Given the current market conditions and neighborhood trends, the payback period could be favorable. The property's features, including its proximity to local amenities and recent renovations, enhance its rental appeal. While the neighborhood is stable, the lack of multi-family units might limit its rent maximization. However, the property's unique features, like its accessibility and large kitchen, are strong selling points.
To increase the property's value, consider enhancing the outdoor space or adding modern amenities to appeal to renters seeking a higher-end experience. If the owner is considering selling, emphasizing the property's recent renovations and proximity to local amenities could attract potential buyers. Engaging in minor upgrades or staging the property might also yield a higher sale price.