Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1981
Sq.Footage
2,260
Grand Central District Income Property — St. Petersburg, FL Duplex | Strong Cash Flow | Separate Meters | No Shared Walls This is the kind of property seasoned investors look for and rarely find — a true cash flowing duplex in one of St. Petersburg's most actively developing corridors, priced for the savvy buyer who understands value over aesthetics. The Property Two fully independent units with no shared walls — a layout that keeps tenant relations simple and turnover low. The property features two spacious 3 bed / 2 bath units renting at $2,500/month each. No carpet anywhere — durable, low maintenance flooring throughout that tenants respect and landlords appreciate. One unit sits above the garage offering complete privacy and separation. The second unit is adjacent to the garage at ground level. A fully fenced private patio completes the outdoor space — a feature that attracts long term tenants and keeps vacancy low. The Numbers Current gross rent — $6,200/month Tenants cover all utilities — separate electric and water meters for both units Low overhead — low maintenance — strong tenant retention history The Mechanicals One new full HVAC system One new mini split unit Decent overall condition — solid bones — consistently tenant ready The Location — This Is Where The Money Is Centrally located in St. Petersburg's Grand Central District — one of the city's most actively evolving neighborhoods. Major commercial redevelopment has been approved along 34th Street between 22nd Ave N and 22nd Ave S — bringing new businesses, foot traffic, and long term appreciation to the immediate area. Surrounding improvements are already underway and values in this corridor are moving in one direction. This is not a flip. This is not a project. This is a durable, easy to manage, cash flowing asset in a market that is actively being invested in at the municipal and commercial level. Long term tenants, low turnover, and a location that gets better every year. Ideal for: First time investors using the house hack strategy Experienced investors adding a turnkey cash flowing asset Buyers seeking strong ROI in an appreciating St. Pete corridor
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Block, Vinyl Siding, Frame
-
Parking
Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.15
-
Lot Size(square feet)
6351.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$649,000
-
Tax Amount
$6,945.13
-
Sq. Footage
2, 260
-
Price/SqFt
$287
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
8
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Michael DiGaetano , EXP REALTY LLC
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