$315,000

1121 10TH AVENUE S, St Petersburg, FL 33705

3 beds |
2 baths |
1,020 sqft

Single-Family Home
Built in 1925
4,356sqft lot
—— car garage
$309/sqft
Listed 10 days ago

Property Description

Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 2525 37th St S (See MLS# TB8535635). This 3-bedroom, 1.5-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at a premium rate of $2,715/month (leased through 3/31/2027), providing secure, government-backed rental income. The asset has undergone extensive, high-end renovations, resulting in nearly zero deferred maintenance for the next owner. The home has passed multiple rigorous housing inspections. Upgrades include a new 2.5-ton HVAC system, roof repairs, whole-house fumigation with warranty, and a new concrete driveway and patio. The interior features a stunning full kitchen buildout with custom cabinetry, Quartz countertops, new stainless steel appliances including dishwasher and washer/dryer, recessed LED lighting, chandelier, and premium remote-controlled fans. A beautifully upgraded bathroom includes luxury fixtures, LED vanity, and custom shower with premium tile to the ceiling. Located in Flood Zone X (no flood insurance typically required) with zero HOA fees and a tenant who is responsible for all utilities and lawn care. Package Sister Property Details (2525 37th St S): Features a 4-bed / 1-bath layout, a $3,150/month lease through 2/28/2027, custom attic conversion, and high-end finishes. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. This is a true hassle-free, stabilized addition to any portfolio. Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.

Listing Status:: Active
Date Added:: August 4, 2026
Data Last Updated:: August 13, 2026 at 7:23AM
Listing Office:: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION : 727-489-0800
Listing Agent:: Andrew Vieira : 914-400-3319
Contact:: 727-489-0800
MLS ID:: TB8535618

General: Ceiling Fans(s)Primary Bedroom Main FloorSolid Surface CountersThermostatWindow Treatments
Appliances: DishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasher
Laundry: Inside
Flooring: Ceramic TileLuxury Vinyl
A/C: Central Air
Heating: Electric

General: LightingPrivate EntrancePrivate MailboxRain GuttersSidewalk
Style: BungalowFlorida
Other Structures: Patio
Parking: DrivewayOff Street

Roofing: Shingle
Windows: BlindsWindow Treatments
General: Vinyl SidingFrameOneOtherSlab

Road/Access: AsphaltBrick
Originating MLS: Stellar MLS
County: Pinellas

Zoning: NT-1SERVISS SUB LOT C25-31-16-80208-000-0030
View: CityGarden

Utilities: Electricity ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Andrew Vieira , KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Monthly Payment

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Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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