25 units at rock bottom prices have been secured by the North West Investment firm, with prices set to rise by $3,000 per unit once the initial allocation is sold out. The units are already rented out on 12 month contracts, ensuring investors of an immediate income, and the developments’ on-site management team, who have never seen vacancy rates dip below 98% in three years of management, are offering 2 years’ rental assurance at current markets rates, emphasising their confidence in this highly sought-after development. The residence contains luxury features including two sparkling swimming pools and a state-of-the-art fitness centre; the crystal blue shores of St Pete’s Beach are also only a stones’ throw away. St Petersburg is the 4th most populated city in Florida and this fantastic development is perfectly positioned to give residents the best of both worlds; adrenaline-seekers are only six minutes away from seeing a Tampa Bay Rays home run at 40,000 seater Tropicana field, while those who prefer the quiet life are only a ten minute drive away from Fort De Soto, named America’s top beach for 2009 by Trip Advisor. A state which recovered most resolutely from the 2007 housing crisis, prices are now hitting pre-bust heights in Florida, with condo prices hitting five year highs in 2012 and single-family homes sale prices rocketing up 12% in the last year to $168,000. The rental market also continues to flourish with tenants leasing a remarkable average of 200 properties per day in South Florida’s three major counties, at a median rental of more than $1,200 monthly for a 1,000 square-foot residence. With assured financial rewards for investors and attractions which draw over 57 million visitors a year, the Sunshine State is the perfect place for investors and sun-worshippers alike. Individual units are now available to purchase through Knight Knox International with prices starting at £38,717. To register your interest please contact Knight Knox International on +44 (0)161 772 1370.
Knight Knox International Launches Exclusive Units in St Petersburg, Florida
Knight Knox International has secured an exclusive allocation of investment condominiums and townhouses in St Petersburg Florida, selling them at the strongest yield returns available!