Investors, this is your cash cow! Two-Unit Income Property: 1925 Bungalow + Detached 1BR, Tenant in Place, Major Systems Updated Turnkey two-unit investment with income from day one. This property pairs a 3-bedroom, 1-bath 1925 bungalow with a detached 1-bedroom apartment, giving you two separate rentable units on one lot, in one closing. The capital expenditures are largely done. Within the past two years, the main house received a new roof, new A/C, a new water heater, and several new windows. The back unit has all-new windows and brand-new central heat and air. Updated systems mean lower near-term maintenance costs and fewer surprises in your first years of ownership. The detached unit is currently rented on a month-to-month basis, providing immediate cash flow with the flexibility to keep the existing tenant or reposition the unit. The main house will be available for a new tenant on November 1, so you can set your own lease terms and rent. Each unit has its own dedicated parking, which helps with tenant appeal and retention. The rent numbers support strong returns. FY2026 HUD Fair Market Rents for this property are $2,900 for the 3-bedroom and $1,950 for the 1-bedroom, a combined $4,850 per month in potential gross rent. Don't miss out on adding this money maker to your portfolio..
Income-producing investment opportunity in desirable Coquina Key, just south of Downtown St. Petersburg! This versatile duplex offers the option to rent both units or live in one side while generating rental income from the other. Both units feature 2 bedrooms, 1 bathroom, updated interiors, and their own private laundry room with washer/ dryer & storage area, conveniently located next to the covered front patio. The property also features a NEW ROOF installed in 2026 and a FRESHLY PAINTED EXTERIOR.The WATER HEATERS in both units were replaced in 2021.Each side has individual fenced backyards.The left unit is currently rented with a lease through November 30, 2026, while the right unit is vacant and ready for occupancy. The estimated annual gross income reflects both units rented for $1700 monthly. Whether you’re looking to expand your investment portfolio or live in one unit and rent the other, this property has flexibility and income potential in a convenient St. Petersburg location. Opportunities like this don’t come along often—bring your investment strategy and take advantage of the future rental income, updated condition, and prime Coquina Key location. Schedule your private showing today and see firsthand the potential of this property! All measurements are deemed accurate but must be verified by the buyer or buyer's agent.
Beautiful investment property. A fully renovated Duplex in the heart of Old Southeast St. Petersburg a quiet, historic neighborhood just minutes from downtown, the bay, and beaches. Fully renovated. Enjoy your own private space without compromising comfort. Each unit features: Two comfortable bedrooms - Two full bathrooms with walk-in showers kitchen with full set of appliances. Private backyard perfect for relaxing or dining al fresco, Laundry inside. Easy and free street parking Walk to Lassing Park (3 min) and Old Southeast Market (1 min), or take a short drive to explore The Dali Museum, St. Pete Pier, and local beaches like St. Pete Beach and Pass-a-Grille. Flood insurance required.
This solid block duplex in Pinellas Park/ Kenneth City features large lot on cul-de-sac, double carport for each side and renovated units in 2024. Both units are exactly the same inside and out. They come with vinyl flooring renovated bathrooms, kitchen win quartz counters and stainless-steel appliances, nice ceiling fans central AC from 2024. Great location! Just minutes and walk distance from bus line and all shopping and convenience for your daily needs. Please call/ text Listing Agent for more details.
Turnkey income in Old Southeast — two buildings, four rental units, and a courtyard trailer for owner or additional income. Fully occupied and producing $7,450/month ($89,400 annually) from day one, No waiting for cash flow. Solar panels on main home and paid for. Three new AC units — permitted and elevated to meet flood insurance elevation standards. The Location can't be beat! The Old Southeast is St. Pete's Artist Enclave — roughly 20 working studios, brick streets, hexagon-block sidewalks, laurel oaks, and a resident flock of wild green parrots. Lassing Park's 12.5 bayfront acres sit a few blocks east for kayaking, paddleboarding, fishing and sunrise over Tampa Bay. Walk to USF St. Petersburg and to downtown — the Pier, Beach Drive, the Dalí, Saturday Morning Market. The Chattaway and Old Southeast Market are neighborhood institutions around the corner. That walkability is the investment case: a campus, a bayfront park and a downtown core all within reach means a renter pool that renews itself. Tenants here don't need a car, and they don't leave. Four doors, fully leased, in a neighborhood people wait years to buy into. Call today for more details.
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district. All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units. The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside. This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.
Located on a corner lot in the desirable Riviera Bay neighborhood, this updated block-construction duplex offers an excellent investment opportunity in a convenient St. Petersburg location. Just two blocks from Riviera Bay Park and close to Weedon Island Preserve, the property is a short drive from Downtown St. Petersburg, Tampa, shopping, dining, and major roadways. Both units feature renovated kitchens with new cabinetry, updated bathrooms, new water heaters, and newer electrical panels. The 1-bedroom, 1-bath unit also has a new A/C system. Estimated rents are approximately $1,200 per month for the 1/1 and $2,200 per month for the 3/2, providing potential gross rental income of approximately $3,400 per month, or $40,800 annually. Each unit has a private entrance, separate mailbox, its own backyard, laundry connections, and ample parking in front of the property. With appliances being installed and only minor flooring work remaining, the property is nearly ready for rental placement. Ideal as a full investment property or an owner-occupied home with additional rental income. Buyer to verify projected rents and rental restrictions.
A rare opportunity in one of St. Petersburg’s most desirable neighborhoods—Historic Old Northeast. Located on a charming brick-paved street just minutes from vibrant Downtown St. Petersburg and the waterfront, this unique triplex offers tremendous flexibility for an investor or owner-occupant looking to combine an exceptional location with rental income. The property features three 1-bedroom, 1-bath residences, including a separate apartment above the two-car garage. Each unit offers central A/C, in-unit washer and dryer, dedicated off-street parking and its own patio/courtyard area surrounded by mature tropical landscaping. Current scheduled gross rental income is approximately $62,376 annually. Updates include a 2018 roof, updated electrical panels and improvements to the individual units. Continue operating as an income-producing triplex, live in one unit while renting the others, or explore converting the main residence back to a single-family home while retaining the garage apartment for additional income or guests.
2518 5th St S is a newly renovated multifamily property located in the desirable Harbordale neighborhood of St. Petersburg. The property offers a unique opportunity with multiple residential units situated on a spacious double lot, providing both character and flexibility. The property has been extensively updated with modern finishes throughout, including new flooring, granite countertops, stainless-steel appliances, modern cabinetry, updated bathrooms, and contemporary fixtures. All units feature in-unit washer and dryer, while the property also offers off-street parking for added convenience. The location is also a major highlight, offering convenient access to Downtown St. Petersburg, I-275, local restaurants, shopping, parks, entertainment, and the waterfront. The property is also just a short drive from St. Petersburg's beautiful beaches, making it an attractive location for residents seeking both urban convenience and the Florida lifestyle. Current Rent Roll: $4,940.00 Unit Mix 1/1 -2, 2/1 - 1.
Exceptional investment opportunity in the highly desirable Crescent Lake area of St. Petersburg. This beautifully renovated duplex features two spacious 2-bedroom, 1-bath units and a detached 3-car garage, offering flexibility for investors, owner-occupants, or future redevelopment potential. The property underwent an extensive renovation in 2022, including a new roof, HVAC, gas water heaters, electrical and plumbing updates. Both kitchens feature updated cabinetry and appliances, while the bathrooms combine modern updates with preserved historic character. Abundant windows provide natural light throughout, and both units feature large front porches. The backyard offers a shared laundry area, covered outdoor space attached to the garage, and plenty of room for entertaining. Current rents total $5,300/month. Both tenants are scheduled to vacate in October 2026, giving the next owner flexibility to establish new market rents, occupy a unit, or reposition the property. Conveniently located near Crescent Lake, downtown St. Petersburg, dining, shopping and entertainment.
Two houses, one lot, one is done and one's your opportunity. This 1925 property in St Pete's Mohawk Park sits on a level 0.16-acre lot with a fully remodeled 1BR/1BA front house - new kitchen, refreshed living space, redone bath, move-in ready. Plus a 3BR/1BA rear house with real bones. Live in the front house while you fix up the back, rent the front and renovate the back on your timeline. Paved 42' RV/Boat parking pad on side includes 220 & 110 electrical service plus water & black water cleanout - bring the boat or RV. Public water and sewer, flood zone X, no HOA. R-4 zoning keeps your options open. Minutes to downtown St. Pete and I-275. Come check it out — schedule a showing.
Under contract-accepting backup offers. LOCATION, INCOME & OPPORTUNITY—all just minutes from Downtown St. Petersburg! This tastefully updated duplex offers an exceptional opportunity for investors, owner-occupants, or buyers looking to add a well-located income-producing property to their portfolio. Offering 1,566 total heated square feet, each unit features 2 bedrooms and 1 bath, a spacious living area, and an open galley-style kitchen with stylish designer finishes. Both units also have their own private laundry with washer and dryer included, providing the convenience today's tenants expect. The rear unit opens to a screened porch overlooking a HUGE, fully fenced backyard, creating a fantastic private outdoor space with plenty of room to enjoy. The front unit also has its own private fenced yard, giving each residence a sense of separation and privacy. The property is separately metered and offers four dedicated parking spaces, making it especially attractive as a rental investment. And then there's the location! Situated in highly convenient Northeast St. Petersburg, you're just minutes from two Publix locations, Whole Foods Market, Trader Joe's, The Fresh Market, Chick-fil-A, shopping, dining and everyday conveniences—many just a short walk, bike ride or golf-cart ride away. Even better, Downtown St. Petersburg is less than 10 minutes away, putting world-class dining, waterfront parks, museums, galleries, the St. Pete Pier, Vinoy Park, Beach Drive, Tropicana Field and the city's vibrant arts and entertainment scene practically at your doorstep. Sitting on a generous 67' x 127' lot, the property also offers an attractive land component and potential future building opportunity, subject to applicable zoning and development requirements. Whether you're looking to live in one unit and rent the other, lease both units for income, or hold the property as a long-term investment, this is the kind of flexible opportunity that's increasingly difficult to find in such a desirable St. Petersburg location. Two updated units. Separate meters. Private outdoor spaces. Four parking spaces. A large lot. And minutes to Downtown St. Pete. An outstanding opportunity to invest in both real estate and location.
Investor alert! This income-producing duplex at 2501 57th Pl. N. in St. Petersburg offers two separately metered units under one roof — a spacious 2-bedroom, 1-bath unit (930 sq. ft.) and a cozy 1-bedroom, 1-bath unit (453 sq. ft.). Ideal for house-hacking, long-term rental income, or an owner-occupant looking to offset their mortgage with a second unit. Centrally located near shopping, dining, and easy access to I-275, with quick commutes to downtown St. Petersburg, Tampa, and area beaches. Strong potential for short-term rental use, though buyers should independently verify STR eligibility, licensing, and any applicable restrictions with Pinellas County before purchase. Don't miss this versatile multi-family opportunity — schedule your showing today!
An outstanding opportunity for both owner-occupants and investors in the desirable Sheryl Manor neighborhood of St. Petersburg. This well-maintained duplex offers an ideal house-hacking setup, allowing you to live in one unit while generating rental income from the other, or add a versatile income-producing property to your portfolio. Unit 3700 is a beautifully renovated 2-bedroom, 1-bath residence that is truly move-in ready. The extensive renovation features a stylish remodeled kitchen and bathroom, stainless steel appliances, new flooring, and updated finishes throughout. The result is a bright, modern interior that requires little to no immediate work. The adjoining 3-bedroom, 1-bath unit is currently tenant occupied with a lease through March 2027, providing immediate rental income to the new owner. The unit is functional and income-producing today, while also offering future potential for cosmetic updates and personalization to further enhance its appeal and rental value. Both residences function independently and feature separate electric and water meters, indoor laundry rooms with additional storage, covered front porches, open rear patios, and fully fenced private backyards. The property sits on a spacious corner lot, providing excellent separation and privacy between the two residences. Additional improvements include a 2019 roof, 2022 AC system serving the occupied unit, replaced HVAC ductwork, and new attic insulation installed in 2020. Located in central St. Petersburg, Sheryl Manor offers convenient access to Tyrone Square, shopping, restaurants, hospitals, parks, and everyday amenities. The Gulf beaches are just minutes away, with Downtown St. Petersburg and The Pier approximately 12 minutes from the property. Whether you’re looking to offset your housing costs through rental income, purchase your first investment property, or expand an existing portfolio, this duplex offers the combination of immediate income, flexible living options, and long-term upside that makes it a compelling St. Petersburg investment.
Investor & Multi-Generational Focus (Income Potential) Dual Income Opportunity / In-Law Suite on an Oversized Double Lot! Don't miss out on 4500 3rd Ave S in St. Petersburg! This turn-key investment or multi-generational property sits on an impressive double lot with two distinct living spaces. Main House: Spacious 4 Bedrooms 2 Bathrooms Attached 1-Car Garage ADU (Built 2019): Modern 1 Bedroom 1 Bathroom detached secondary residence Key Features:BRAND-NEW ROOF scheduled for installation on the main house by the end of September! Independent Privacy: Both the main home and the ADU feature their own fully fenced private yards. Prime St. Pete Location: Easy access to downtown, Tampa Bay, and the Gulf beaches. Whether you're looking to house hack and live in one unit while renting the other, generate dual rental income streams, or set up a multi-generational living quarters, this property checks every box!
Investment opportunity in the heart of Historic Kenwood! This property features a 2-bedroom/1-bathroom bungalow house, accompanied by two separate private studio units in a rear detached building. Perfect for the investor looking for immediate positive cash flow or a future owner occupant who is looking to let the studio apartments help with the mortgage. All 3 units have been recently remodeled to include updated kitchens, baths, flooring, paint, new AC units and much more. The front house has a private fenced back yard, and the lower studio also has a private fenced yard. Front house has inside private laundry while the rear building shares an enclosed laundry room with a washer and a dryer. There is a parking pad off the alley for the studio apartments, the front house has street parking available. This property is fully rented and in great shape!
Do you love homes that have historic charm AND modern convenience? A neighborhood that you love walking and biking in? Where you enjoy greeting your neighbors? This 1925, 3 bed, 2 bath beauty with a separate ADU, fully furnished cottage is located in the highly desirable Euclid St Paul neighborhood of St Petersburg, FL. This home delivers all of that, WHILE also giving you affordable options to make your dream happen............. This home is low maintenance, filled with natural light and features stunning, original hardwood floors and a fireplace with an electric inset for ambiance or heating if needed. The updated kitchen has a gas stove, granite countertops, soft close cabinets and stainless steel appliances. There are updated windows and doors for energy efficient living. Large porches. Fully fenced side yard. Mature plantings create privacy for the home............. Not only do you have an upscale, luxury turnkey ADU/Cottage available to rent but the primary bedroom with ensuite bathroom could also be converted into a “Lock Off” / IN-LAW space and rented. It is an oversized primary with its own outside entrance, large closet and bathroom. Put in a studio kitchenette and you have another space available to rent. Two full, easy rentals are possible as you enjoy your 2 bed, 1 bath section that is large, spacious and accommodating. This works out if you are looking for an investment / house hack or a gorgeous space to live, while making income............ The ADU/Cottage “Pelicans Promise” has been a consistent haven for mid-term traveling professionals. It is fully furnished with everything to make a stay exceptional. Request our Pelicans Promise Welcome Book, which gives you a very detailed overview of what is conveyed with the cottage............. Both roofs 2016 with Hurricane Clips - Separate addresses and 2 Electric Meters - 1 water meter - Main House HVAC 2021 / Cottage Mini Split 2025 - Washer/Dryer in both units - Paver Driveway w/Alley Access - 3 Off Street Parking Spaces - Transferrable Full Property Subterranean/Dry Wood Termite Warranty. More info available, request our Digital Property Info book for all the details........................ LOCATION! Euclid St Paul is filled with charming historic homes, mature trees with a warm neighborhood feel. You’re very close to Crescent Lake Park, local coffee shops, Rollin Oats, Whole Foods, Trader Joes, Publix, restaurants, breweries and so much more. Vibrant Downtown St Pete, the waterfront, Vinoy Park and the Pier are all within a 2-3 mile radius and you have easy access to I-275 and a short drive to world class Gulf beaches. This property was high and dry with no damage during ALL the recent hurricanes!............ Be sure to schedule your showing today and request our Digital Property Info book.
GREAT INVESTMENT OPPORTUNITY IN A PRIME LOCATION! Looking for an investment property where half the work is already done for you? This duplex is currently features two 2-bedroom, 1-bathroom units, with recently updated kitchens, bathrooms, and windows. Located in a desirable area with fishing access on Saint Joe’s Creek, this property offers a unique combination of investment potential and an appealing location. Each unit has its own living space, while a shared covered laundry room is conveniently located underneath the covered front porch. You have the flexibility to secure your own tenants, explore updated rental rates, or potentially occupy one unit while renting the other. Great location + two units + strong rental history = an opportunity you won’t want to miss! Schedule your showing today.
Two beautifully remodeled homes on one lot! The front home is a 4-bedroom, 2-bath with ~1200 sq ft of living area, currently rented for $3,495/month. Both units have central air, 2024 roofs, new floors, fresh interior finish, and remodeled kitchens and bathrooms. The second home is rent-ready today: ~1000 sq ft of living area with 3 bedrooms plus an office, a laundry room (potential bathroom conversion) at a HUD rental value of $2,900/month. Both homes are individually fenced on a corner lot with off-street parking, and all deferred maintenance has been updated. Combined income of $6,395/month, in place and projected. A unique opportunity to own an asset with substantial cash flow or owner occupancy with a large portion of your mortgage paid!
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.
Under contract-accepting backup offers. VALUE-ADD INCOME OPPORTUNITY—PRICED AT $424,900 WITH A PROJECTED ARV OF APPROXIMATELY $500,000 FOLLOWING SUCCESSFUL PERMIT CLOSEOUT! This Central Oak Park 3-bedroom, 2-bath property includes an attached in-law suite with a private entrance, additional kitchen area, living space, bedroom, and full bathroom. The suite requires completion and formal closeout of permitting, and the asking price reflects the remaining work. An excellent opportunity for a buy-and-hold investor, house hacker, or owner seeking future rental or multigenerational potential after all required approvals are obtained. Buyer must independently verify permitting requirements and costs, zoning, lawful rental use, square footage, and projected ARV. Property is offered as-is.
This Saint Petersburg Florida apartment complex is a Cash Cow. It's located in the brand new up-and-coming Marina District of Pinellas County. Maximo Marina is on the same street less than a half mile away. This solid block apartment building contains eight apartments. A brand new roof and the majority of the AC systems are newer. There are four, two bed one bath units and four one bed, one bath apartments. There is plenty of parking for the tenants and their guests. Rents are way under value for what the area calls for. The location is absolutely incredible and there is a huge potential for redevelopment here.? About the location again, you can walk to many great restaurants, shopping, grocery stores, public transportation, and boat storage. It's convenient to Downtown Saint Petersburg, our airports and the Beautiful White Sandy Beaches of Pinellas County. Downtown Saint Petersburg has so many great attractions and things to do. A new state-of-the-art-pier that hosts concerts, festivals and art fairs. Take a Segway tour to see the artwork all throughout downtown. We have The Salvador Dali waterfront museum, The Rays, The Rowdies, The St Pete Grand Prix and the Albert Whitted Airport. Great for flying lessons and helicopter tours. Our area also offers some of the best boating and fishing in Florida. This apartment building did not flood during the hurricanes of 2024. The pictures are very accurate of the units. No photoshopping or virtual staging, 100% actual pictures. Most of the tenants have been here for years.
RARE 3-UNIT INVESTMENT OPPORTUNITY IN PINELLAS COUNTY 4,198 SF 10 BEDROOMS $77,520 PROJECTED GROSS ANNUAL RENT 2 UNITS DELIVERED VACANT. This updated triplex in unincorporated Pinellas County offers an unusually high bedroom count across three separate residences: a 5BR/2BA, 3BR/1BA and 2BR/1BA, totaling approximately 4,198 square feet. The unit mix offers flexibility for traditional long-term rentals, furnished or mid-term rentals, owner occupancy or a blended investment strategy. The 5BR/2BA unit is currently leased at $2,860 per month. The 3BR/1BA and 2BR/1BA units will be delivered vacant at closing, with estimated market rents of approximately $1,900 and $1,700 per month, respectively. This allows the buyer to select tenants, establish lease terms or occupy one of the units. At the projected rents, the property could generate $6,460 per month or $77,520 annually in gross rental income. Property improvements include impact windows, updated kitchens and bathrooms, updated flooring and interior finishes, mini-split systems, and newer HVAC and ductwork in Unit C. Located near 54th Avenue N and 68th Street N, with convenient access to shopping, dining, public transportation, downtown St. Petersburg, the Gulf beaches and Tampa. Rental projections are estimates; buyers should independently verify rental income and requirements for their intended use.
TURNKEY ST. PETERSBURG DUPLEX WITH TENANTS IN PLACE! Excellent opportunity to add an income-producing property to your investment portfolio without starting from scratch. Situated on a desirable corner lot, this updated duplex features two separately occupied units with year-long tenants currently in place, providing rental income from day one for the new owner. The property offers a highly desirable unit mix with a spacious 3-bedroom, 1-bath unit on one side and a 2-bedroom, 1-bath unit on the other. The interior has been completely remodeled, while the 2020 roof provides another important capital improvement already completed—helping reduce the immediate renovation and lease-up costs often associated with acquiring an investment property. Located in St. Petersburg, the property offers convenient access to Downtown St. Pete, I-275, Tropicana Field and the surrounding redevelopment area, local restaurants and entertainment, the waterfront, area employers, and Gulf beaches. St. Petersburg's combination of employment, recreation, transportation access, and continued growth makes this a compelling location for long-term rental ownership.
Virtually Staged. Opportunity awaits at this versatile St. Petersburg duplex situated on an oversized 90-by-150-foot lot. The property features two separate units, off-street parking, public water and sewer, updated electrical systems, and separate water and electric meters. Maintain the property in its current configuration or explore its future development potential. The generous lot size may allow an opportunity for new construction or a possible lot split, subject to City of St. Petersburg zoning, permitting, and final approval. Conveniently located near downtown St. Petersburg, this unique property offers multiple possibilities for an owner-occupant, investor, builder, or developer. Buyers should independently verify all zoning, land-use, redevelopment, and lot-split options with the City.

St Petersburg is located in Florida. St Petersburg, Florida has a population of 258,245. St Petersburg is more family-centric than the surrounding county with 23.37% of the households containing married families with children. The county average for households married with children is 21.33%.
The median household income in St Petersburg, Florida is $64,375. The median household income for the surrounding county is $60,451 compared to the national median of $69,021. The median age of people living in St Petersburg is 42.9 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 52.5 degrees. The average rainfall is approximately 50.7 inches per year, with 0 inches of snow per year.