$899,000

2001 2ND STREET S, St Petersburg, FL 33705

5 beds |
5 baths |
2,768 sqft

Single-Family Home
Built in 1950
8,712sqft lot
—— car garage
$325/sqft
Listed 15 days ago

Property Description

Exceptional income-producing opportunity in Old Southeast! Discover this versatile five-unit multifamily property with projected annual gross rental income of $102,000. Ideally located in one of St. Petersburg's most charming residential neighborhoods, right next to beautiful Lassing Park and the sparkling waters of Tampa Bay! Enjoy the best of both worlds: a quiet, peaceful neighborhood with mature trees and a tranquil atmosphere, yet just a short bike ride from the heart of downtown St. Petersburg. Enjoy convenient access to waterfront parks, award-winning restaurants, museums, shopping, nightlife, and the iconic St. Pete Pier. The property features five rental units across two separate buildings, offering a desirable mix of two 2-bedroom/1-bathroom units, one 1-bedroom/1-bathroom unit, and two studios. A charming garden courtyard separates the buildings, creating an inviting outdoor setting, while select units feature private patios. Shared laundry facilities provide additional convenience. Flexibility is the key! Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or explore a combination of long-term and short-term rental strategies, this property offers multiple possibilities. Four units are currently operated as traditional rentals, while the fifth has an established Airbnb rental history. With impressive income potential, five income-producing units, and an outstanding location beside Lassing Park and just minutes from vibrant downtown St. Petersburg, this is a compelling opportunity for investors and owner-occupants alike. An exceptional combination of location, income potential, and flexibility!

Listing Status:: Active
Date Added:: October 29, 2026
Data Last Updated:: November 12, 2026 at 6:20AM
Listing Office:: KELLER WILLIAMS ST PETE REALTY : 727-894-1600
Listing Agent:: Sean Sandifer : 217-343-7365
Contact:: murraycoleman@kw.com
MLS ID:: TB8562518

General: Thermostat
Appliances: DishwasherMicrowaveWasher
Laundry: Inside
Flooring: Other
A/C: Central Air
Heating: Electric

General: None

Roofing: Shingle
General: ConcreteFrameOneSlab

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

Zoning: ROUSLYNN BLK 9LOT 930-31-17-77184-009-0090

Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedPublic
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Sean Sandifer , KELLER WILLIAMS ST PETE REALTY

Monthly Payment

$Est. Payment

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

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