Sarasota's Premier Homes

935 17TH AVENUE S

ST PETERSBURG, FL 33705

MLS#: TB8545200

$539,990

Status: Active
Listing number: TB8545200
Listing provided by: DALTON WADE INC
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
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ARMSTRONGS SUB F A - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1953

Sq.Footage

2,448

Virtually Staged. BACK ON THE MARKET - Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent against a HUD Fair Market Rent of $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Private Yard

  • Parking

    Driveway, Off Street, On Street, RV Carport

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.16

  • Lot Size(square feet)

    6,804

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $539,990

  • Tax Amount

    $5,163

  • Sq. Footage

    2,448

  • Price/SqFt

    $220

HOA

  • Association

    No

School District

  • Elementary School

    James Sanderlin Elementary-PN

  • Middle School

    John Hopkins Middle-PN

  • High School

    St. Petersburg High-PN

Property Features

  • New Construction

    NO

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    5

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

James Sanderlin Elementary-PN

Middle School

John Hopkins Middle-PN

High School

St. Petersburg High-PN

Listing Courtesy of Carissa White, DALTON WADE INC

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Virtually Staged. BACK ON THE MARKET - Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent against a HUD Fair Market Rent of $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.

935 17TH AVENUE S

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