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St Petersburg,FL 33705
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,130 sqft
Price per Sqft $317
Subdivision Bungalow Terrace
MLS Listing ID TB8451260
Bedrooms 3
Construction Status Completed
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,854
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Rare turnkey income opportunity in the heart of St. Petersburg's thriving 33705 zip code! This well-maintained wood-frame duplex offers two detached homes on one parcel for immediate cash flow and maximum flexibility. The front unit is a spacious 2-bedroom/1-bath (690 sq ft) currently tenant-occupied on an annual lease ($1900 per month), while the rear unit is a charming 1-bedroom/1-bath (440 sq ft) (currently vacant, but previously leased at $1850 per monty. Perfect for owner-occupancy or new tenant placement – May be tenant occupied at time of sale). Total living area 1,130 sq ft on a 4,874 sq ft lot with plenty of off-street parking. Both units are separately metered for electric and water – tenants pay ALL utilities, keeping landlord expenses low. Updates by current owner in recent years include newer roof, windows, HVAC systems, water heaters, and complete interior/exterior refreshes – truly move-in ready with no known deferred maintenance. Perfect for investors seeking day-one cash flow, house-hackers wanting to live in one and rent the other, 1031 exchange buyers, or anyone looking for low-maintenance income property just minutes to downtown St. Pete, Tropicana Field, USF, hospitals, and the waterfront. Properties with separate meters, proven rental history, recent improvements, and one unit vacant for easy access are extremely rare – this one won't last long!
Location
State FL
County Pinellas
Community Bungalow Terrace
Area 33705 - St Pete
Direction S
Interior
Interior Features Solid Surface Counters,Solid Wood Cabinets,Thermostat,Window Treatments
Heating Electric
Cooling Central Air,Wall/Window Unit(s)
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Range,Range Hood,Refrigerator
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Private Mailbox,Sidewalk
Parking Features Driveway,Off Street,On Street
Utilities Available Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description FloodZone,City Limits,Near Public Transit,Sidewalk
Entry Level One
Foundation Concrete Perimeter
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Private Financing Available
Listing Terms Cash,Conventional,Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8451260