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Cash-Cow Duplex in Prime Location - Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don't miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!
| DAYS ON MARKET | 148 | LAST UPDATED | 8/22/2025 |
|---|---|---|---|
| TRACT | SAWGRASS ACRES SUB | YEAR BUILT | 1984 |
| COMMUNITY | 33702 - St Pete | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Aug 22, '25 | $485,000 |
|---|---|
| Aug 22, '25 - Today | $462,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Range, Refrigerator |
| AREA | 33702 - St Pete |
| CONSTRUCTION | Block |
| HEAT | Central |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Landscaped, Level, Paved |
| LOT DIMENSIONS | 72x99 |
| PARKING | Driveway, Parking Pad |
| SEWER | Public Sewer |
| SUBDIVISION | SAWGRASS ACRES SUB |
| TAXES | 6287.92 |
| UTILITIES | Electricity Connected, Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Clay Glover, Jr, RE/MAX ACTION FIRST OF FLORIDA, 727-531-2006
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 12/6/25 3:39 AM PST.
This IDX solution is (c) Diverse Solutions 2025.