$375,000

2525 37TH STREET S, St Petersburg, FL 33711

4 beds |
1 bath |
1,345 sqft

Single-Family Home
Built in 1925
7,405sqft lot
—— car garage
$279/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 1121 10th Ave S (See MLS #TB8535618). This 4-bedroom, 1-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at $3,150/month (leased through 2/28/2027), providing secure, government-backed rental income. The asset has undergone an extensive luxury overhaul, featuring a custom attic conversion that creates a spacious 4th bedroom. Major capital expenditures have already been completed, including a 3-ton HVAC system, roof repairs, removal of an unsafe garage structure, and a brand-new paver patio. The high-end interior boasts new marble-look tile flooring throughout, a beautifully upgraded kitchen with Calacatta granite countertops, a waterfall edge breakfast bar, decorative LED pendant lighting, separate dining room, and stainless steel appliances with french door refrigerator, dishwasher and in-unit washer/dryer. With no HOA and the tenant handling all utilities and lawn care, this is a premium, hands-off investment. Package Sister Property Details (1121 10th Ave S): Features a 3-bed / 1.5-bath layout, a $2,715/month lease through 3/31/2027, and premium updates located in Flood Zone X. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. 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 3:23PM
Listing Office:: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION : 727-489-0800
Listing Agent:: Andrew Vieira : 914-400-3319
Contact:: 727-489-0800
MLS ID:: TB8535635

General: Ceiling Fans(s)Eat-in KitchenPrimary Bedroom Main FloorSolid Wood CabinetsStone CountersWalk-In Closet(s)Window Treatments
Rooms: AtticFamily RoomFormal Dining Room Separate
Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Laundry: InsideLaundry Closet
Flooring: Ceramic Tile
A/C: Central Air
Heating: Electric
Fireplace: Decorative

General: LightingPrivate EntrancePrivate MailboxPrivate YardRain GuttersSidewalk
Style: BungalowCraftsmanFlorida
Other Structures: Front PorchPatio
Parking: Ground LevelOff Street

Roofing: Shingle
Windows: BlindsShadesWindow Treatments
General: Vinyl SidingFrameTwoOtherSlab

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

Zoning: CHURCHILL GROVE LOT 2134-31-16-15462-000-0210
View: CityGarden
Fencing: Chain Link

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

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Principal & Interest $
Property Taxes $
Home Insurance $
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