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$539,990

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 against a HUD Fair Market Rent of $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.

8 Beds ⋅ 4 Baths ⋅ Armstrongs Sub F A SubDv. ⋅ 33705 Zip Code

935 17th Avenue S, St Petersburg

$499,000

Welcome to 138 69th Ave N, a unique and beautifully updated property offering two distinct living spaces in one of Northeast St. Petersburg’s most desirable neighborhoods. Tucked away on a quiet, tree-lined street just one block from Mystic Lake, this property combines an exceptional location with a flexible layout ideal for a primary residence, multigenerational living, guests, or an investment opportunity. The upper living space features 3 bedrooms and 2 updated bathrooms, along with bright, comfortable living areas and a beautifully appointed kitchen featuring soft-close cabinetry, antimicrobial quartz countertops, a large center island, dramatic glass and stainless steel range hood, and stainless steel appliances. Scratch- and water-resistant laminate flooring runs throughout the upper living areas, creating a fresh and cohesive look. The separate lower living space offers 1 bedroom and 1 full bathroom, along with a fully air-conditioned living area and an attached one-car garage. Its expansive layout provides flexibility for a game room, home office, den, guest suite, or additional entertaining space, while durable designer tile flooring makes it ideal for everyday use. Thoughtful improvements include 200-amp electrical service, a 2017 roof, dual-zone HVAC systems, updated attic insulation and ductwork completed in 2020, and preventative subterranean termite treatment completed in August 2022. Outside, the oversized fenced backyard offers plenty of room to enjoy the Florida lifestyle beneath a canopy of mature trees. A pergola, concrete patio, storage shed, and rear alley access create additional possibilities, including excellent potential for a future pool. A reclaimed water meter is already installed for convenient landscape irrigation. Parking is equally impressive, with the attached garage, covered carport suitable for a boat or RV, and an oversized driveway with room for multiple additional vehicles. The location puts you minutes from Mangrove Bay Golf Course, vibrant Downtown St. Petersburg, waterfront parks, restaurants and shopping, while the Gulf Coast’s renowned white-sand beaches are approximately 15 minutes away and Tampa International Airport is within easy reach. With two distinct living spaces, a large private yard, exceptional parking, and tremendous flexibility, 138 69th Ave N presents a rare opportunity to create a lifestyle—and living arrangement—that works for you.

4 Beds ⋅ 3 Baths ⋅ North St Petersburg SubDv. ⋅ 33702 Zip Code

138 69th Avenue N, St Petersburg