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WOW! What investment today offers over a 10% CAP rate? NEW PRICE ALERT...Reduced to its lowest opportunity for a quick purchase! Here's your opportunity to own a high-performing duplex in St. Pete Beach"”a rare blend of coastal lifestyle, prime location, and exceptional income potential that's nearly impossible to find in today's market. Located just blocks from the sugar sands of St. Pete Beach, Boca Ciega Bay, and the lively Corey Avenue Farmers Market, this property is perfectly positioned for strong rental income"”ideal for both short- or long-term rentals (buyer to verify local STR regulations). Each unit features two bedrooms, one bath, and a spacious backyard with low-maintenance xeriscaping. The property is being sold AS IS and has minor interior hurricane-related damage, creating an excellent value-add opportunity for investors or owner-occupants looking to build instant equity. This solid-block duplex offers lasting durability and ease of ownership with key upgrades including a newer roof (installed late 2023), hurricane-rated double-pane windows (2014), and soundproofing between units"”ensuring comfort, energy efficiency, and reduced future maintenance costs. Conveniently located within walking distance to restaurants, shops, gyms, spas, and entertainment, this property delivers both lifestyle and financial upside. With projected rental income of $2,200-$2,800 per unit/month, investors can enjoy strong cash flow potential, whether renting both units or living in one and leasing the other. Don't miss this rare chance to own a low-maintenance, income-generating duplex in one of Florida's most desirable coastal markets.
| DAYS ON MARKET | 330 | LAST UPDATED | 11/1/2025 |
|---|---|---|---|
| TRACT | ST PETERSBURG BEACH REP | YEAR BUILT | 1954 |
| COMMUNITY | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Jun 11, '25 | $550,000 |
|---|---|
| Jun 11, '25 - Jul 15, '25 | $540,000 |
| Jul 15, '25 - Oct 24, '25 | $520,000 |
| Oct 24, '25 - Today | $479,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| CONSTRUCTION | Concrete |
| EXTERIOR | Other |
| HEAT | Electric |
| INTERIOR | Eat-in Kitchen, Other |
| LOT | 5227 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | ST PETERSBURG BEACH REP |
| TAXES | 7300 |
| UTILITIES | Cable Available, Sewer Available, Water Available |
| WATER | Public |
| WATER ACCESS | GULF OF AMERICA |
| WATERFRONT DESCRIPTION | Beach Access |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Valerie McClary, EXP REALTY LLC, 888-883-8509
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 5:22 PM PST.
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