$445,000

2983 62ND AVENUE N, St Petersburg, FL 33702

  • 4 beds |
  • 4 baths |
  • 1,750 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $254/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious 2-bedroom, 2-bathroom units with porcelain tile and luxury vinyl flooring throughout. A new A/C unit was recently installed in Unit 2985. Both units offer inside utility rooms with laundry facilities and private yard spaces, providing added comfort and convenience for tenants. One unit is currently occupied by a reliable long-term tenant, providing immediate rental income, while the second unit is vacant and ready for an owner-occupant or investor seeking market-rate rents. Current rental income is below market, with strong upside potential. Estimated market rents are approximately $2,150 per month per unit beginning August 1, 2026. Tenants are responsible for electricity and water, and separately metered utilities help keep operating expenses low and management simple. Built in 1984, the property features durable concrete block construction and ample on-site parking. Ideally situated between I-275 and US-19, this property offers convenient access to St. Petersburg, Tampa, and Clearwater. Located in a non-flood zone, no flood insurance is currently required, providing additional long-term value and peace of mind. Enjoy a central location just minutes from Sawgrass Lake Park, Crescent Lake Park, and vibrant downtown St. Petersburg, featuring the St. Pete Pier, waterfront dining, museums, entertainment, and shopping. The Gulf beaches, St. Pete-Clearwater International Airport, and Tampa International Airport are all within easy reach. This is a rare opportunity to own a versatile income-producing property in a high-demand rental market with excellent long-term growth potential. PLEASE DO NOT DISTURB TENANTS. Unit 2983 is tenant occupied and may not be shown. Showings are limited to the vacant Unit 2985 by appointment only.

Listing Status:
Active
Date Added:
April 26, 2026
Data Last Updated:
July 27, 2026 at 12:22AM
Listing Office:
SUNCOAST HOME REALTY : 727-204-5001
Listing Agent:
Keyvan Kohan-Shohet : 727-204-5001
MLS ID:
TB8500974
  • General: Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorThermostatWindow Treatments
  • Appliances: DisposalDryerElectric Water HeaterMicrowaveRangeRange HoodRefrigeratorWasher
  • Laundry: InsideLaundry Closet
  • Flooring: Luxury VinylTile
  • A/C: Central Air
  • Heating: CentralElectric
  • General: FenceLightingPrivate EntranceRain GuttersSidewalkSliding Doors
  • Parking: AssignedParking PadReserved
  • Roofing: Shingle
  • Windows: Blinds
  • General: BlockStuccoSlab
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: R-4WASHINGTON TERRACE BLK 13LOT 1235-30-16-95076-013-0120
  • Utilities: BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedFiber OpticsPhone AvailablePublicSewer AvailableSewer ConnectedWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Keyvan Kohan-Shohet , SUNCOAST HOME REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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