Residential Property - Single Family Residence in St Petersburg
Listing Price: $279,000
Description of Property
Extremely rare high & dry duplex - income-producing and packed with upside. The owner’s early retirement offers you the rare chance to secure this remodeled, income-ready duplex in one of the most coveted and storm-resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long-term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value-add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high-and-dry, non-flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house-hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low-maintenance, income-producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please just reach out to the listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Sunshine Heights Manor
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,189
Sq. Ft. Living Area: 1,189
Cost per (heated) sqare foot: $235
Year built: 1956
Annual Tax: $3,171
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Range, Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring:
- Carpet
- Tile
- Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Wood Frame, Wood Siding
Foundation: Slab
Roof: Built-Up
Exterior Features: Storage
Carport: Yes
Carport Spaces: 1
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: Wall/Window Unit(s)
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,824 square feet
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA
Parcel Number: 353016883800000190
Zoning: R-4
Tax Legal Desc.: SUNSHINE HEIGHTS MANOR LOT 19
Section: 35
Range: 16
Listing courtesy of RICHARD PETERS REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
