Fantastic cash-flow opportunity in St. Pete - legal 3-unit multi-family property. Originally built in 1925, and fully remodeled in 2024 with renovation permits and city inspections. Downstairs - 1 unit (3 bed, 1 bath), laundry & storage, upstairs 2 identical units (1 bed, 1 bath each). Total 5 bedrooms, 3 bathrooms. Property has new roof, new windows, new electrical meters and panels, new water heaters, and so much more! Priced at only $220k / unit. Air conditioned storage and laundry rooms could also generate additional cash-flow. Fully fenced with plenty of parking. NO HOA, NOT IN A FLOOD ZONE! MOVE-IN READY!
Prime Investment Opportunity in St. Petersburg, FL PROPERTY HIGHLIGHTS....This unique single-family home is an investor’s dream, offering 3 distinct rental units. Each unit is currently occupied by high-quality, reliable tenants. Situated in a high-demand, transitional neighborhood that’s rapidly appreciating on a large lot. This property is perfect for those seeking long-term growth and steady income......... All major furnishings & appliances are the owner’s and will convey. Tenants’ items DO NOT convey. The side unit has a washer & dryer and the other 2 units share a washer & dryer. Each unit has 1 off street parking space. Roof 2024, Hot-water Heater 2023, Termite Treatment 2022. ANNUAL LEASES IN PLACE..... NOT in a flood zone..... HUGE LOCATION POTENTIAL Located just under a mile from vibrant downtown St. Petersburg, this property offers unparalleled convenience. This prime location ensures that residents have convenient access to cultural, recreational, and essential services while also being close to grocery stores, shopping and amazing restaurants. This enhances the property's appeal to potential tenants. INVESTOR BENEFITS * Turnkey income: With three excellent, annual lease tenants already in place, enjoy immediate cash flow.... * Rapid appreciation: The neighborhood’s ongoing transformation adds significant potential for equity growth.... * Low vacancy risk: The location ensures consistent demand.... * Current GROSS INCOME $51,600......NET INCOME $32,985.... * CAP Rate 10 percent..... Whether you're a seasoned investor or new to the market, this property offers the perfect combination of LOCATION, STABILITY, and GROWTH POTENTIAL. Secure your investment opportunity today! .......Contact us now for more details or to schedule a private tour!
An exceptional investment opportunity just minutes from Downtown St. Petersburg! This fully fenced 4-plex offers a mix of one 2-bed/1-bath unit, two 1-bed/1-bath units, and a studio. Three of the four units have been meticulously renovated, featuring modern kitchens with premium cabinetry, high-end countertops, and stainless steel appliances, ensuring a great living experience for tenants. The property also includes a new water well for irrigation, a new roof installed in 2019, and well-maintained grounds that enhance its curb appeal. Situated in a highly desirable area near Tropicana Field, Downtown St. Petersburg, and The Pier, this 4-plex offers convenient access to a variety of dining, shopping, and entertainment options. Tenants can enjoy nearby restaurants, local boutiques, and cultural attractions, as well as the waterfront activities at The Pier. With its excellent location and thoughtful upgrades, this property is well-positioned to attract and retain tenants, ensuring long-term appeal for investors.
Charming Hi-Return Duplex in the Heart of St. Petersburg! Fantastic investment opportunity with this income-generating gem of a duplex located near downtown St Petersburg. Currently a high-return income producing property, with the potential of significant growth and increased return for future earnings. With St. Petersburg's strong market outlook, ongoing appreciation trends, and increasing rental demand, this duplex offers future earnings potential through gradual rent increases and value growth, further enhanced by property improvements and the city's thriving economy. Buyers may consider consulting with the City’s planning and zoning department to inquire about potentially converting the detached garage into a third living unit. Each side of this duplex features 1 bedroom and 1 bathroom, with a shared fenced yard, detached garage and parking. Whether you're a seasoned investor or looking to enter the rental market, this duplex offers exceptional returns with a strong Net Operating Income (NOI) and low annual operating costs. Boasting a prime location just minutes from downtown, this property offers both charm and convenience, making it a consistent income-producing asset. Approximately 300 feet from the gorgeous Bartlett Park and the St Petersburg Tennis Center, less than 2 miles to the vibrant downtown St Petersburg and the University of South Florida (St Petersburg campus). With the ongoing development and demand in the St. Petersburg area, this duplex is poised for appreciation while continuing to deliver steady cash flow. Whether you're considering it as a primary investment or part of a larger portfolio, this property is an opportunity you don't want to miss!
Great investment opportunity! Start earning cash immediately! 2/1 Duplex with separate electric and water meters. Currently tenant occupied, monthly rent is $1,100 for unit 2356 and $1,150 for unit 2354, tenants pay for utilities. Each unit comes with an attached carport. Tile flooring throughout, both stoves and refrigerators are less than one year old. All maintenance items are up to date. Good location in South Saint Pete close to public transport, shopping, restaurants, schools and major highways.
Old Southeast gem! No water intrusion into living areas! This home features natural wood floors, wood cabinets and granite counters, brand new bathroom in bungalow, and original wood floors. Also, brand new A/C's (both bungalow and mother-in-law apartment). Newer roofs, and other updates which include air-conditioned garage below mother-in-law apartment. Both bungalow and mother-in-law apartment feature separate washer/dryer sets. Each have separate electric meters which is ideal for rental or private retreat or studio. All of this located just South of downtown and thriving 4th St S restaurant district! Must see to fully appreciate!
Fantastic income producer. This triplex is conveniently located minutes from downtown and interstate access. The charming 2-story brick building houses 2 units. Both units have 2 bedrooms, 1 bath and 825 heated square feet of living space. The 3rd unit is an adorable 2/1 bungalow situated to the back of the property. All units are currently leased. There's plenty of parking with a driveway, 2 parking spaces to the rear of the property and street parking. Each unit has it's own washer/dryer hook-up with extra storage located just off the garage. Other notable features include; shingle roof replaced in 2021, all 3 units metered separately for electric and water, large courtyard, alley access and located in a non-evacuation zone. Come and see this great investment opportunity!
This modern 3-bedroom, 2-bath single-family home, built in 2021, is a perfect blend of style and functionality. The main home features luxury vinyl plank (LVP) flooring, stone countertops, and stainless steel appliances throughout. It also includes a washer and dryer and has a dedicated garage, offering convenience and ample storage. The main home is currently rented for $2,288 month, making it a solid income generator. Additionally, the property includes an Additional Dwelling Unit (ADU) in the rear, offering even more potential income. The ADU has 2 bedrooms and 1 bath, complete with stainless appliances, stone countertops, a washer and dryer, and a spacious outdoor balcony?perfect for relaxing or entertaining. The ADU is located on the second floor above its own garage and is currently rented for $1,500 month. With a total gross rental income of $3,788 month, this property provides an excellent investment opportunity. It also offers a prime option for owner occupancy?live in one unit while renting the other for additional income once the leases end. Conveniently located near top-rated schools such as Campbell Park Elementary, John Hopkins Middle, and Gibbs High School, along with shopping at Tyrone Square Mall and nearby grocery stores, the home also offers easy access to outdoor recreation at Boyd Hill Nature Preserve and Campbell Park. This property is an incredible opportunity for investors or future homeowners looking to generate income. Schedule your showing today!
St. Petersburg Investment Opportunity: Triplex This property must be sold in conjunction with neighboring single family home at 834 Jackson St N. Total Price for both properties combined is $899,000 Discover an exceptional opportunity to own a versatile property portfolio in the vibrant city of St.Petersburg, Florida. 1040 9th Ave N, St. Petersburg, FL • Single-Family Home • Unit Mix: 3 Bed / 1 Bath • Size: 1,350 Sq. Ft. This beautiful craftsman single-family home boasts a spacious 3-bedroom, 1-bath layout. With 1,350 square feet of living space, the home features an inviting interior withan ideal mix of vintage charm and modern updates. The property also includes a large courtyard for outdoor activities, and gardening. 1044 9th Ave N, St. Petersburg, FL Duplex in Rear Unit 1: 1 Bed / 1 Bath, 506 Sq. Ft. Unit 2: 1 Bed / 1 Bath, 350 Sq. Ft. (1040 1/2 9th Ave N) Located behind to the single-family home, this duplex offers an incredible income-generating opportunity. Each unit is a 1-bedroom, 1-bath apartment 350 to 506 square feet plus garages.
This quadruplex in the heart of the Old Southeast consists of two buildings with two units each, ample storage space and parking, a well-manicured front lawn and common area, and street and ally access. The front building holds two 1/1’s, each with a separate entrance, and the back building holds two very large storage spaces on the first floor and two studios on the second. The back building grants access to each unit via two outdoor staircases, and a shared indoor staircase. All units have been well maintained and are rented to long term tenants at market rates, reducing the need to increase rents or negotiate new leases. Each unit has been meticulously well maintained, with a mix of refurbished hardwood floors and tile. The roof of the front building was replaced in 2023, and the pluming has been maintained and replaced as needed. The property also sits on the brick lined streets of the Old Southeast, a quiet, upscale neighborhood just south of downtown, and within an easy walk to Lassing Park – a public waterfront park and beach. It is also only two miles from Downtown St. Pete, a mile from USF St Pete Campus, and two miles from Tropicana Field. Nearby development includes the 4th Street Townhomes (10 residential units), Lake Maggiore Apartments (330 residential units), Coquina Key Plaza (456 residential units and 20,817 SF of retail), and the new Arc Invest headquarters that is kicking off St. Pete’s new Innovation District along 4th Street. With long term tenants in place, well maintained units, and market rents, this is a true turn-key St. Pete Multifamily investment.
ATTENTION INVESTORS - 4 bed/3bath Located only 2 mi from the heart of downtown Saint Pete/Ray's Stadium! This Duplex presents an 1181 sq foot 3/2 and a nearly 700 sq foot detached 1/1 with another 700 sq ft unfinished space for a potential third or FOURTH unit (already zoned for a quadplex)! The main house boasts a huge Spanish tiled front porch with a rattan fan leading you inside to a large formal living room centered with an original brick fireplace accented with marbled tile. The kitchen presents light shaker cabinets contrasted by dark granite counters with a high top seating area great for entertaining guests. There is an open concept dining room/kitchen combo with a large butler's pantry for a ton of storage. There are three bedrooms with large closets, and two full updated bathrooms. Fresh Luxury Vinyl Plank flooring and trendy tile accompanied by large baseboards to preserve the elegant character of the home. The 1/1 endures a sunroom area potentially used for a dining or second living room area, a large living room, and a bed room with a walk in closet. Both units have updated fixtures, fresh paint, brand new appliances, and large windows allowing a generous amount of natural lighting. This multifamily sits on a large lot tucked into a safe quiet residential neighborhood with plenty of on site parking, a high privacy fence, and room for outdoor amenities such as a fire pit, a garden, and/or outside dining. Close to parks, restaurants, and local shopping with a ton of new construction nearby allowing fast equity in your investment. House hack by living in one and renting out the other or maximize your cash flow by mid-term renting to traveling professionals that want to be close to downtown! Newer Roof, HVAC, electrical, and plumbing. All big ticket items updated making this an easy turn key investment! This home won't last long!
Triplex 2/1 2/1 1/1 Just hitting the market, property for sale at 1820 3rd St S, St. Petersburg, FL, USA. great area to live or invest 2.5 miles away from the down town for fun 12 minutes to the Saint Pete beach 2 blocks from the bay block building
The median home value in Saint Petersburg, FL is $346,900. This is lower than the county median home value of $380,200. The national median home value is $338,100. The average price of homes sold in Saint Petersburg, FL is $346,900. Approximately 50.69% of Saint Petersburg homes are owned, compared to 30.21% rented, while 19.1% are vacant. Saint Petersburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Petersburg real estate agent to arrange a tour today!
Saint Petersburg 33705 is more family-centric than the surrounding county with 23.26% of the households containing married families with children. The county average for households married with children is 21.33%.