4 Beds
4 Baths
1,750 SqFt
4 Beds
4 Baths
1,750 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $254
Subdivision Washington Terrace
MLS Listing ID TB8500974
Bedrooms 4
HOA Y/N No
Year Built 1984
Annual Tax Amount $5,552
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Sub-Type Duplex
Source Stellar MLS
Property Description
One unit is currently occupied by a reliable long-term tenant providing immediate income while the second unit is vacant ideal for an owner-occupant or an investor looking to lease at market rates. Rental income is currently below market with strong upside potential to approximately $2,150 per unit beginning August 1, 2026.
Tenants are responsible for electricity and water, with separately metered utilities helping keep operating expenses low and management simple. Built in 1984 the property is constructed of solid concrete block and offers ample on-site parking.
Ideally located between I-275 and US-19, this property provides convenient access to St. Petersburg, Tampa, and Clearwater. Situated in a non-flood zone (no flood insurance required) it offers 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, including the St. Pete Pier, waterfront dining, museums, and shopping. A short drive to the Gulf beaches and convenient access to St. Pete–Clearwater International Airport and Tampa International Airport further enhance the appeal.
A rare opportunity to own a versatile, income-producing property in a high-demand rental area with strong long-term growth potential.
2983 UNIT IS TENANT OCCUPIED — PLEASE DO NOT DISTURB TENANTS- ONLY 2985 CAN BE SEEN.
Location
State FL
County Pinellas
Community Washington Terrace
Area 33702 - St Pete
Zoning R-4
Direction N
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Luxury Vinyl, Tile
Fireplace false
Appliance Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Fence, Lighting, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors
Parking Features Assigned, Parking Pad, Reserved
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8500974
Nearby Locations
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