Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Block, Vinyl Siding, Frame

  • Parking

    Attached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.15

  • Lot Size(square feet)

    6351.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $679,000

  • Tax Amount

    $6,945.13

  • Sq. Footage

    2, 260

  • Price/SqFt

    $300

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Michael DiGaetano , EXP REALTY LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Grand Central District Income Property — St. Petersburg, FL
Duplex | Strong Cash Flow | Separate Meters | No Shared Walls
This is the kind of property seasoned investors look for and rarely find — a true cash flowing duplex in one of St. Petersburg's most actively developing corridors, priced for the savvy buyer who understands value over aesthetics.
The Property
Two fully independent units with no shared walls — a layout that keeps tenant relations simple and turnover low. The property features two spacious 3 bed / 2 bath units with a market rent of $2,500/month each. Currently being used as a program for young adults to grow and strive. The current gross rent for Unit B in this program is $4800. Program can be transferred to new owner.  Unit A is empty but approved for the same program, and is currently on waiting list for residents; projected for August. When unit A becomes fully occupied, it can bring in another $4800-$6000/month. 
There is also a 1bd/1ba owner's suite as well that can bring in another $1200. Total potential gross rent is $12,000.
No carpet anywhere — durable, low maintenance flooring throughout that tenants respect and landlords appreciate.
One unit sits above the garage offering complete privacy and separation. The second unit is adjacent to the garage at ground level. A fully fenced private patio completes the outdoor space — a feature that attracts long term tenants and keeps vacancy low.

The Numbers
---
Current gross rent for Unit B — $4,800/month
Potential Rent by August for Unit A -- $4800-$6000
Potential Rent for owner's suite -- $1200
Total Potential Rent --- $12000
Tenants cover all utilities — separate electric and water meters for both units
Low overhead — low maintenance — strong tenant retention history

The Mechanicals

One new full HVAC system
One new mini split unit
Decent overall condition — solid bones — consistently tenant ready

The Location — This Is Where The Money Is
Centrally located in St. Petersburg's Grand Central District — one of the city's most actively evolving neighborhoods. Major commercial redevelopment has been approved along 34th Street between 22nd Ave N and 22nd Ave S — bringing new businesses, foot traffic, and long term appreciation to the immediate area. Surrounding improvements are already underway and values in this corridor are moving in one direction.
This is not a flip. This is not a project. This is a durable, easy to manage, cash flowing asset in a market that is actively being invested in at the municipal and commercial level. Long term tenants, low turnover, and a location that gets better every year.

Ideal for:

First time investors using the house hack strategy
Experienced investors adding a turnkey cash flowing asset
Buyers seeking strong ROI in an appreciating St. Pete corridor

3462 3RD AVENUE N

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 2 days ago
New construction luxury duplex 3/2, 1207 sf  with attached 2/1, 793 sf.  Ideal for multigenerational living, comfortable guests hosting or rental income. First unit has 3 bedrooms and 2 bathrooms. Second unit has 2 bedroom, 1 bath, full kitchen and own laundry. First has 2 private (front and rear) entrances with private porches, Second has its own private entrance with private porch and private parking. Two feet roof overhangs, solid wood interior doors, 6 inch baseboards, built in ovens, induction cooktops, remote controlled quiet ceiling fans in all bedrooms, to ceiling solid wood soft closing kitchen cabinets, flush microwaves, full slab quartz backsplash, new generation ventless washer/dryer combos, composite kitchen sinks, lot of storage space and all tropical rain shower heads.  Addresses, electric and water meters are separate. Both units are light and bright with hight ceilings, built with reinforced concrete block, hurricane windows and doors, lots of energy efficient features like spray foam insulation and low-e impact windows. Both homes have quartz countertops and luxury vinyl plank flooring. Stainless steel Samsung appliances packages in both kitchens covered with 5 years extended warranty. Both units have private separated parkings: 2 car for First and 1 car for Second off the alley. Property located 1 minute walking to YMCA, 3 minutes walking to Dell Holmes Park, 5 minutes driving to Downtown St. Pete and 15 minutes driving to beaches. Homes come with 1/3/10 warranty. NO FLOOD INSURANCE REQUIRED. NO HOA. NO CDD.
#TB8521181

ST PETERSBURG

2551/2553 21ST STREET S

5 Beds

None Baths

2,000 Sq.Ft.

$589,000

MLS#: TB8521181

Discover an exceptional income-generating opportunity or the perfect house-hack at 7301 8th St N. This wonderfully maintained duplex sits on a spacious corner lot in a highly accessible location, offering effortless commutes to both vibrant Downtown St. Pete and Tampa.

Each side features a highly rentable layout: 3 bedrooms, 1 bathroom, a private carport, its own fenced backyard, and a covered outdoor laundry area.

Both units are currently income-producing with fantastic, reliable tenants already in place:

7301 8th St N (Right Side/Closest to 73rd Ave N): Occupied by a stellar long-term tenant paying $2,400/month. The current lease runs through September 4, 2026, after which it will transition to a month-to-month agreement.

7305 8th St N (Left Side/Closest to 74th Ave N): Currently bringing in $2,500/month. The initial 12-month lease has just concluded, and the tenants are continuing on a flexible month-to-month basis.

This property sustained no flood damage during Hurricanes Helene and Milton. Schedule your showing today!
#TB8519288

ST PETERSBURG

7301 8TH STREET N

6 Beds

None Baths

1,901 Sq.Ft.

$650,000

MLS#: TB8519288

New construction luxury duplex 2/1, 1100 sf  with attached 2/1, 700 sf.  Ideal for multigenerational living, comfortable guests hosting or rental income. First unit has 2 bedrooms and 1 bathroom. Second unit has 2 bedroom, 1 bath, full kitchen and own laundry. First has 2 private (front and rear) entrances with private porches, Second has its own private entrance with private porch and private parking. Two feet roof overhangs, solid wood interior doors, 6 inch baseboards, built in ovens, induction cooktops, remote controlled quiet ceiling fans in all bedrooms, to ceiling solid wood soft closing kitchen cabinets, flush microwaves, full slab quartz backsplash, new generation ventless washer/dryer combos, composite kitchen sinks, lot of storage space and all tropical rain shower heads.  Addresses, electric and water meters are separate. Both units are light and bright with hight ceilings, built with reinforced concrete block, hurricane windows and doors, lots of energy efficient features like spray foam insulation and low-e impact windows. Both homes have quartz countertops and luxury vinyl plank flooring. Stainless steel Samsung appliances packages in both kitchens covered with 5 years extended warranty. Both units have private separated parkings: 2 car for First and 1 car for Second off the alley. Property located 3 minutes walking to YMCA, 3 minutes walking to Dell Holmes Park, 5 minutes driving to Downtown St. Pete and 15 minutes driving to beaches. Homes come with 1/3/10 warranty. NO FLOOD INSURANCE REQUIRED. NO HOA. NO CDD.
#TB8518687

ST PETERSBURG

2327/2329 26TH AVENUE S

4 Beds

None Baths

1,800 Sq.Ft.

$559,000

MLS#: TB8518687

Price reduced
Turn-key multifamily building in a great central location! Duplex PLUS an additional in-law suite. Layout: Downstairs: 2 bed, 1 bath unit + 1 bed, 1 bath accessory suite. Upstairs: 1 bed, 1 bath unit. Built in 1960, completely remodeled in 2026 - major updates include a new roof, completely new & full electrical re-wire, new AC systems, new hurricane-impact windows, plumbing upgrades, new water heaters, full cosmetic redesign. Surrounded by a multi-million-dollar developments with quick access to both downtown and the beaches. Renovations are permitted. No flood zone, no HOA, and no hurricane damage. Beautiful corner lot with tons of parking. 2 separate addresses & separate utilities - 3600 1st Ave S. & 109 36th St. S.
#TB8513293

ST PETERSBURG

3600 1ST AVENUE S

4 Beds

None Baths

2,328 Sq.Ft.

$729,900

MLS#: TB8513293

Rare 6-unit value-add opportunity in unincorporated St. Petersburg. Situated on a spacious 0.27-acre lot, 7180 50th Ave N is a concrete block multifamily property with significant renovation needs and serious upside for the right investor, contractor, or developer.
The property is currently configured as 6 units, offering multiple paths for future rental income, owner-occupancy, house hacking, or long-term portfolio growth once renovated. This is not a cosmetic project — the property is a complete fixer and should be evaluated accordingly.
The lot size, existing unit configuration, block construction, and central Pinellas location make this a compelling repositioning opportunity. Buyers may also explore future expansion, redevelopment, or alternative use possibilities, subject to county approval, zoning, permitting, and due diligence.
Located in unincorporated Pinellas County near major roads, shopping, dining, and Gulf Coast destinations, this property offers flexibility that is increasingly difficult to find. Sold as-is. Buyer to verify all measurements, unit count, zoning, permits, code compliance, flood zone, rental use, redevelopment options, and future income potential.
#TB8513067

ST PETERSBURG

7180 50TH AVENUE N

9 Beds

None Baths

3,607 Sq.Ft.

$600,000

MLS#: TB8513067

Price reduced
Location, Location, Location! Exceptional investment opportunity just minutes from vibrant downtown St. Petersburg! Tenants will love being close to restaurants, shopping, movie theaters, entertainment, Tampa Bay, and the beautiful Gulf Beaches.

This charming triplex has seen numerous updates since 2019, including remodeled kitchens, newer appliances, updated windows, fresh paint, washer and dryer hookups, and more. Units A and B are spacious 1-bedroom, 1-bath units located at the front of the property, featuring a welcoming covered front porch full of character and charm. Built in 1949, these units showcase timeless details such as coved ceilings and arched doorways. Unit A offers original hardwood floors, while Unit B features ceramic tile flooring. HVAC replaced in 2017.

Unit C, located at the rear of the property with convenient alley access, was newly converted in 2019 into a stylish studio apartment featuring a combined living and sleeping area, eat-in kitchen, and full bathroom.

Situated on a desirable corner lot, the property offers on-site parking plus shared tenant storage space in the remaining garage area.

Current and projected rental information:

* Unit A currently rented at $1,395/month with projected market rent of approximately $2,000/month. Lease expires July 31st.
* Unit B currently rented at $1,600/month on a month-to-month lease with projected market rent of approximately $2,000/month.
* Unit C is currently vacant with projected market rent of approximately $1,700/month.

Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers incredible income potential in one of the most desirable areas of St. Petersburg.

These units are in excellent condition, full of charm, and perfectly located. Schedule your private showing today before this opportunity is gone!
#TB8507567

ST PETERSBURG

1500 30TH AVENUE N

2 Beds

None Baths

1,944 Sq.Ft.

$650,000

MLS#: TB8507567

Price reduced
4-Unit Investment Property – Strong Cash Flow + Upside Potential
Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs.
The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow.
Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
#TB8503357

ST PETERSBURG

1033 19TH AVENUE S

8 Beds

None Baths

2,892 Sq.Ft.

$649,999

MLS#: TB8503357

3 HOMES IN ONE! True MULTI GENERATIONAL LIVING OR a PERFECT CASH FLOWING INVESTMENT TRIPLEX! HOUSE HACK and LIVE IN the front home while renting out the HUGE, BRAND NEW CONSTRUCTION DUPLEX in the rear!

Welcome to this charming home in the heart of St. Petersburg, FL! Nestled in the peaceful, cozy neighborhood of Disston Heights, this COMPOUND dons a spacious 3-bedroom 2-bathroom home and a HUGE duplex with 2 bedroom, 1 bathroom units! These homes boast lovely natural lighting! The interiors are thoughtfully designed, featuring a fully equipped kitchen, cozy living areas. 

This home's location is unbeatable, situated in a vibrant neighborhood close to schools, parks, shopping, and dining—all within easy reach. Immerse yourself in the local charm of St. Petersburg! Located just 12 minutes from the BEACH and just 10 to Downtown, you are literally just minutes away from the city's vibrant energy where you'll love to explore local attractions, bars, and restaurants, then return to relax in your income producing haven! Schedule TODAY this will sell FAST!
#TB8502633

ST PETERSBURG

4651 22ND AVENUE N

7 Beds

None Baths

2,598 Sq.Ft.

$799,990

MLS#: TB8502633

Price reduced
Investment opportunity in the heart of Historic Kenwood! This property features a 2-bedroom/1-bathroom bungalow house, accompanied by two separate private studio units in a rear detached building.  Perfect for the investor looking for immediate positive cash flow or a future owner occupant who is looking to let the studio apartments help with the mortgage.  All 3 units have been recently remodeled to include updated kitchens, baths, flooring, paint, new AC units and much more. The front house has a private fenced back yard, and the lower studio also has a private fenced yard.  Front house has inside private laundry while the rear building shares an enclosed laundry room with a washer and a dryer. There is a parking pad off the alley for the studio apartments, the front house has street parking available. This property is fully rented and in great shape!
#TB8502013

ST PETERSBURG

2443 4TH AVENUE N

2 Beds

None Baths

1,645 Sq.Ft.

$599,999

MLS#: TB8502013

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.