Listing Details for MLS # TB8420833
421 11th Avenue Ne, St Petersburg, Fl 33701

Residential Property - Single Family Residence in St Petersburg

Listing Price: $1,300,000Days on Market: 31

Description of Property

Prime Location - Old Northeast in St Petersburg, walking distance to downtown! Rare Opportunity to own Completely Renovated Single Family House with a Separate INCOME Producing Property in the Backyard. Each unit was thoughtfully designed to maximize comfort, style and efficiency. Plenty of natural light, creating a bright and airy atmosphere. Sold FULLY FURNISHED and upgraded to modern living lifestyles. Non-Flood Zone. Non-Evacuation Zone. Safe and Dry after the hurricanes. High end finishes have been used throughout the entire property. Additionally, each unit features its own off-street parking place and a shared laundry. Both buildings are also sharing the serene, fully fenced yard, perfect for entertaining or for a POOL. NEW FLAT ROOF over the lower unit was just installed. The Main Residence, an updated single-family home, features two spacious bedrooms and two baths. The two-story building is located at the back of the property yard and consists of three additional apartments: two are located on the first floor and one is upstairs with its own outside staircase and separate entrance for privacy. This unit boast a spacious enclosed balcony. Entirely surrounded by windows, this space features plenty of natural light which creates a cozy and welcoming atmosphere. This unique property is nestled in one of most sought-after neighborhoods in St. Petersburg with brick streets, towering oak trees and it is just 3 blocks off the North Shore waterfront and parks. It is easily walkable to downtown St. Pete restaurants, marinas, world class museums, markets, shopping, the Pier and weekend festivals. Experience the perfect blend of urban convenience and Old Florida charm in St. Petersburg's Most Desired Neighborhood, Old Northeast. The main house and apartments operate at virtually 100% occupancy as a lucrative and efficient investment property. Tenants typically remain for multiple years due to the great location and quality of life here. The entire property can be rented or the owner could live in the front single family home and rent the remaining units. Single family home - 2 bedrooms, 2 full baths; Downstairs apartment - 1 bedroom, 1.5 baths; Downstairs studio; Upstairs apartment - 1 bedroom, 1 bath;The average asking price for a 5 bedroom/5 bath single family residence in this Zip code is $1,149,950. This single family residence is listed at about 113% of the average asking price. This is the only 5 bedroom/5 bath single family residence between $1,000,000 and $1,600,000 currently listed for sale in this Zip code.