Ray Morgan Investments LLCRay Morgan Investments LLC
🔥 SECTION 8 CASH FLOW MACHINE – ST. PETE, FL 🔥
📍 Alcazar Way S, Saint Petersburg, FL 33705
💰 $399,000
💥 INVESTOR SPECIAL – TURNKEY INCOME PROPERTY 💥
This is the type of deal that serious cash flow investors are chasing right now.
✅ 4 Bed / 3 Bath | ~1,910 Sq Ft
✅ NO REPAIRS NEEDED (Per Seller)
✅ AS-IS DEAL
✅ ADU IN REAR = DOUBLE INCOME POTENTIAL
💸 INCOME BREAKDOWN
🏠 Main House (Section 8 / Assisted Housing):
➡️ ~$3,700/month (Gov-backed income)
🏡 Rear ADU Potential:
➡️ ~$2,400/month additional income
🔥 Total Potential: ~$6,000+/month
📊 Current tenant income: ~$10,000/year (underutilized → HUGE upside)
📈 VALUE PLAY
💰 Asking: $399,000
📊 Estimated Market Value: ~$450K–$490K+
➡️ Built-in equity + strong monthly cash flow
➡️ Perfect for buy & hold investors
🎯 WHY THIS DEAL IS 🔥
✔️ Government-backed rent = reliable income
✔️ Multiple income streams (main + ADU)
✔️ No rehab needed
✔️ High-demand rental area (33705)
✔️ Scalable Section 8 model
⚠️ IMPORTANT
• Buyer to verify Section 8/BASH program details
• Buyer to verify ADU rental eligibility
• Serious buyers only – this WILL move fast
📲 DM ME “ALCAZAR” FOR DETAILS
📞 Call/Text: (850) 353-3661
🌐 www.RayMorganInvestments.com
2 Bedrooms | 1 Baths | 954 ft
4 Bedrooms | 2 Baths | 4,144 ft
3 Bedrooms | 2 Baths | 2,034 ft
