Prime Old Southeast Duplex Investment Opportunity – Just 1 Mile South of Downtown St. Petersburg. Turnkey income-producing property in the heart of Old Southeast St Petersburg. this exceptional investment opportunity features a 2-bedroom, 2-bathroom unit plus a 1-bedroom, 1-bathroom unit.
Located in desirable Old Southeast, just approximately 1 mile south of Downtown St. Petersburg, this renovated concrete block duplex offers a strong investment opportunity in one of St. Pete’s consistently high-demand rental locations. With proximity to the USF St. Petersburg campus, Johns Hopkins All Children’s Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, The Dalí Museum, Mahaffey Theater, Al Lang Stadium, downtown waterfront parks, the marina, restaurants, nightlife, museums, and Tampa Bay, this location appeals to long-term tenants, medical professionals, students, downtown workers, and owner-occupants alike.
Both units have been renovated and feature newer major systems, including a NEW ROOF 2025, both apartments have NEW AC UNITS 2023, and private in-unit washer and dryer for each residence. Additional upgrades include; NEW HOT WATER TANKS 2024, IMPACT WINDOWS 2023, NEW APPLIANCES 2024. The larger front unit offers approximately 850 square feet with a conventional and highly livable layout, featuring 2 spacious bedrooms, each with its own ensuite bathroom, a fully equipped kitchen, private laundry, and private outdoor space. The second unit is an efficient and well-appointed 1 bedroom, 1 bathroom residence with approximately 530 square feet, offering a large bedroom with ensuite bath, functional kitchen storage, private laundry, and comfortable living space.
This property is ideal for an investor looking to add a renovated duplex to their rental portfolio or for a buyer seeking an owner-occupant house-hacking opportunity. Time it right, and the 2 bedroom/2 bathroom unit may be available for you to live in while the 1 bedroom/1 bathroom unit helps offset your mortgage. With the growth of the nearby Innovation District, expanding healthcare, marine science, university, arts, and business corridors, this Old Southeast duplex is positioned in a location where rental demand remains strong. You will never be short of tenant interest in this prime St. Petersburg location.
Lease Term
12 months1,360 Sq Ft
7,279 Sq Ft Lot Size
other
US$705 Monthly Tax
Built in 1948
MLS/Listing ID TB8514661
Thermostat
Ceiling Fans
Crawlspace
Sidewalk
Fenced
Community - Golf Carts OK
Insulated Windows
Storm Windows
Thermal Windows
Tinted Windows
Parking - Assigned
Parking - Off Street
Parking - On Street
Lot - Landscaped
Inside
Window Treatments
Heating - Other
Unfurnished
Cooling - Central Air
Cooling - Multi-split AC
Construction - Stucco
Community - Park
Dryer
Electric Water Heater
Range
Refrigerator
Washer
Lot - Flood Zone Lot
Parking - Curb Parking
Shingle
Public Sewer
Public Water
Pets Allowed
TOTAL MONTHLY COST
US$0
US$0
US$0