Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the heart of St. Petersburg, Florida! This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and professionals alike.

Grove Heights Annex is characterized by its picturesque tree-lined streets and friendly neighbors, creating a warm and welcoming atmosphere. The community features a variety of well-maintained homes, each with its own distinct charm, ranging from cozy single-family residences to modern townhouses. With spacious yards and beautiful landscaping, residents can enjoy the perfect backdrop for outdoor gatherings and leisurely strolls.

One of the standout features of Grove Heights Annex is its prime location. Just a short drive away, you'll find the vibrant downtown area of St. Petersburg, known for its eclectic dining options, trendy shops, and cultural attractions. Whether you're in the mood for a relaxing day at the beach or exploring the local art scene, everything you need is just moments away.

Families will appreciate the proximity to top-rated schools, parks, and recreational facilities, ensuring that children have access to quality education and plenty of outdoor activities. The nearby waterfront parks offer stunning views and opportunities for fishing, kayaking, and picnicking.

With its inviting atmosphere and convenient location, Grove Heights Annex is more than just a neighborhood; it's a community where you can truly feel at home. Discover the charm of Grove Heights Annex and see why so many are choosing to call this delightful subdivision their home!

Newest Listings in Grove Heights Annex

$585,000

7 Beds ⋅ 3 Baths ⋅ Grove Heights Annex SubDv. ⋅ 33705 Zip Code

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**

721 12th Street S, St Petersburg

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