Extremely rare high & dry duplex - income-producing and packed with upside. The owner’s early retirement offers you the rare chance to secure this remodeled, income-ready duplex in one of the most coveted and storm-resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no… Read More major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long-term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value-add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high-and-dry, non-flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house-hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning and updates. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low-maintenance, income-producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please just reach out to the listing agent below for disclosures and MLS info sheet. No assignable contracts accepted. Read Less
Courtesy of RICHARD PETERS REALTY LLC 352-448-9712
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
2
Square Ft.
1,189
Lot Size
0.13 Acres
Year Built
1956
MLS Number
TB8375600
30 Days Snapshot Of 33714
$298k
-7%
(avg) sold price
14
-17%
homes sold
90
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 110.46, Room Count: 3, Building Area Total: 1189, Building Area Units: Square Feet, Construction Materials: "Frame", "Wood Siding", Direction Faces: West, Levels: "One", Living Area: 1189, Year Built: 1956
Lot
Lot Size Square Meters: 541, Total Acreage: 0 to less than 1/4, 0.13 acres, 5824 square feet
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