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Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious units each offering 2 bedrooms and 2 bathrooms with porcelain tile and luxury vinyl flooring throughout. Both units include inside utility rooms with laundry and private yard spaces providing added comfort and convenience for tenants. One unit is currently occupied by a reliable long-term tenant providing immediate income while the second unit is vacant ideal for an owner-occupant or an investor looking to lease at market rates. Rental income is currently below market with strong upside potential to approximately $2,150 per unit beginning August 1, 2026. Tenants are responsible for electricity and water, with separately metered utilities helping keep operating expenses low and management simple. Built in 1984 the property is constructed of solid concrete block and offers ample on-site parking. Ideally located between I-275 and US-19, this property provides convenient access to St. Petersburg, Tampa, and Clearwater. Situated in a non-flood zone (no flood insurance required) it offers 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, including the St. Pete Pier, waterfront dining, museums, and shopping. A short drive to the Gulf beaches and convenient access to St. Pete-Clearwater International Airport and Tampa International Airport further enhance the appeal. A rare opportunity to own a versatile, income-producing property in a high-demand rental area with strong long-term growth potential. 2983 UNIT IS TENANT OCCUPIED "” PLEASE DO NOT DISTURB TENANTS- ONLY 2985 CAN BE SEEN.
| DAYS ON MARKET | 13 | LAST UPDATED | 4/26/2026 |
|---|---|---|---|
| TRACT | WASHINGTON TERRACE | YEAR BUILT | 1984 |
| COMMUNITY | 33702 - St Pete | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer |
| AREA | 33702 - St Pete |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Lighting, Private Entrance, Rain Gutters |
| HEAT | Central, Electric |
| INTERIOR | Eat-in Kitchen, Open Floorplan |
| LOT | 4792 sq ft |
| LOT DIMENSIONS | 50x100 |
| PARKING | Assigned, Parking Pad |
| SEWER | Public Sewer |
| SUBDIVISION | WASHINGTON TERRACE |
| TAXES | 5552.04 |
| UTILITIES | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Keyvan Kohan-Shohet, SUNCOAST HOME REALTY, 727-204-5001
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 5/7/26 10:22 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.