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For Sale Single Family Residence 8 Bedrooms 2448SqFt at ST PETERSBURG - MLS TB8526429

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US$ 549,900

935 17TH AVENUE S ST PETERSBURG

FL, 33705 - TB8526429

Status:Active

8 Beds

4 Baths

2448 SqFt

1953 Build

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Gigi Castellanos

+1 813 842 1685

Gigi@heavenlyhomesbygigi.com

Dalton Wade Real Estate Group

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Virtually Staged. BACK ON THE MARKET - Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent at $2,995/month, with HUD Fair Market Rent up to $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.

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Listing information courtesy of DALTON WADE INC

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