Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision, located in the heart of Pinellas County, offers a delightful blend of suburban tranquility and urban conveniences. Known for its welcoming atmosphere and friendly community, Washington Terrace is the perfect place to call home.

As you explore this picturesque neighborhood, you’ll find an array of beautifully maintained homes, each boasting unique character and charm. Many properties feature spacious layouts, modern amenities, and well-manicured yards that provide a sense of pride and ownership. With attached properties available, residents enjoy the benefits of low-maintenance living while still having the comfort of a private space. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Washington Terrace offers a variety of options to suit your lifestyle.

The subdivision is ideally located just minutes from downtown St. Petersburg, where you can indulge in an eclectic mix of dining, shopping, and cultural experiences. Enjoy the nearby waterfront parks, beautiful beaches, and recreational activities that make this area a favorite among outdoor enthusiasts. With excellent schools, family-friendly amenities, and a strong sense of community, Washington Terrace is not just a place to live; it’s a place to thrive.

Discover the charm of Washington Terrace, where your dream home awaits amidst a vibrant community that celebrates the best of Florida living. Come and experience the warmth and hospitality that make this subdivision truly special!

$445,000

4 Beds ⋅ 4 Baths ⋅ Washington Terrace SubDv. ⋅ 33702 Zip Code

Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious 2-bedroom, 2-bathroom units with porcelain tile and luxury vinyl flooring throughout. A new A/C unit was recently installed in Unit 2985. Both units offer inside utility rooms with laundry facilities and private yard spaces, providing added comfort and convenience for tenants. One unit is currently occupied by a reliable long-term tenant, providing immediate rental income, while the second unit is vacant and ready for an owner-occupant or investor seeking market-rate rents. Current rental income is below market, with strong upside potential. Estimated market rents are approximately $2,150 per month per unit beginning August 1, 2026. Tenants are responsible for electricity and water, and separately metered utilities help keep operating expenses low and management simple. Built in 1984, the property features durable concrete block construction and ample on-site parking. Ideally situated between I-275 and US-19, this property offers convenient access to St. Petersburg, Tampa, and Clearwater. Located in a non-flood zone, no flood insurance is currently required, providing additional long-term value and peace of mind. Enjoy a central location just minutes from Sawgrass Lake Park, Crescent Lake Park, and vibrant downtown St. Petersburg, featuring the St. Pete Pier, waterfront dining, museums, entertainment, and shopping. The Gulf beaches, St. Pete-Clearwater International Airport, and Tampa International Airport are all within easy reach. This is a rare opportunity to own a versatile income-producing property in a high-demand rental market with excellent long-term growth potential. PLEASE DO NOT DISTURB TENANTS. Unit 2983 is tenant occupied and may not be shown. Showings are limited to the vacant Unit 2985 by appointment only.

2983 62nd Avenue N, St Petersburg

Washington Terrace Homes with Attached Property Description

Newest Washington Terrace Homes with Attached Property Description