4645 38TH AVENUE
ST PETERSBURG, FL 33713

Property

Ownership: Fee Simple
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 3
Area: 2162 sq ft
Lot Size: 0.2 Acres

Financials

Price:$699,000
Annual Taxes:$6,220.78
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of SMITH & ASSOCIATES REAL ESTATE

Discover an outstanding opportunity to own an income producing multifamily property in the heart of St.

Description

Discover an outstanding opportunity to own an income-producing multifamily property in the heart of St. Petersburg! Situated on one property, this unique offering features two separate residential buildings, providing flexibility, privacy, and multiple income-producing possibilities. Property Use: Multi-Fam <10 Units. The front residence offers 1,262 square feet with 2 oversized bedrooms, 1.5 bathrooms, a desirable split-bedroom floor plan, a laundry closet, a spacious living area, and an eat-in kitchen. The second residence features approximately 900 square feet with 2 bedrooms and 1 full bathroom, making it ideal for additional rental income, multigenerational living, or an owner-occupant seeking supplemental income. Adding to the property's appeal is a charming courtyard nestled between the two buildings, creating a private outdoor gathering space. Additional amenities include on-site parking, two storage sheds, and a fully vinyl-fenced yard. The numbers make this opportunity especially attractive: Currently generating $3,500 in monthly rental income, or $42,000 annually, this property offers immediate income potential with the flexibility to maximize returns through future rental opportunities. Whether you're an investor looking to expand your portfolio or an owner-occupant interested in living in one residence while generating income from the other, this versatile property offers exceptional possibilities. Conveniently located near shopping, dining, and major roadways, this is a unique opportunity to secure a versatile multifamily asset in desirable Pinellas County.

Amenities

  • Cable Connected
  • Courtyard
  • Eat-in Kitchen
  • Electricity Connected
  • Kitchen Family Room Combo
  • Living Room/Dining Room Combo
  • Private yard
  • Sewer Connected
  • Split Bedroom
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.