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2983 62ND AVENUE N

ST PETERSBURG, FL 33702

MLS#: TB8500974

$445,000

Status: Active
Listing number: TB8500974
Listing provided by: SUNCOAST HOME REALTY
Listing agent phone: None
Last update: 8 days ago
On site: 15 days ago
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WASHINGTON TERRACE - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

1,750

Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious units each offering 2 bedrooms and 2 bathrooms with porcelain tile and luxury vinyl flooring throughout. Both units include inside utility rooms with laundry and private yard spaces providing added comfort and convenience for tenants. 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.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Open Floorplan

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Other Exterior Features

    Lighting, Private Entrance, Rain Gutters

  • Parking

    Assigned, Parking Pad

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Lot Size(square feet)

    4988.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $445,000

  • Tax Amount

    $5,552.04

  • Sq. Footage

    1, 750

  • Price/SqFt

    $254

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    12

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

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Listing Courtesy of Keyvan Kohan-Shohet , SUNCOAST HOME REALTY

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(561) 609-2391

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Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious units each offering 2 bedrooms and 2 bathrooms with porcelain tile and luxury vinyl flooring throughout. Both units include inside utility rooms with laundry and private yard spaces providing added comfort and convenience for tenants. 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.

2983 62ND AVENUE N

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