JenniferClark
BEDS3
BATHS
SQUARE FEET1,360
MLS#TB8514661
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONROUSLYNN
Property Description
Want a property that has all the major work components updated? Want an income property with income stream the first month? Want a property that has a occupancy rate of 96%? This Duplex Investment Opportunity may be for you - Located in Old Southeast, only 1 mile from downtown St Petersburg. This exceptional investment opportunity features a 2-bedroom, 2-bathroom unit plus a 1-bedroom, 1-bathroom unit. There is additional property to expand the footprint to add an additional ADU on the property for expanded investment opportunities. Located in desirable Old Southeast, just approximately 1 mile south of Downtown St. Petersburg, this renovated concrete block duplex offers a strong investment opportunity in one of St. Pete's consistently high-demand rental locations. With proximity to the USF St. Petersburg campus, Johns Hopkins All Children's Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, The Dalà Museum, Mahaffey Theater, Al Lang Stadium, downtown waterfront parks, the marina, restaurants, nightlife, museums, and Tampa Bay, this location appeals to long-term tenants, medical professionals, college students, downtown workers, and owner-occupants alike.Both units have been renovated and feature newer major systems, including a NEW ROOF 2025, both apartments have NEW AC UNITS 2023, and private in-unit washer and dryer for each residence. Additional upgrades include; NEW HOT WATER TANKS 2024, IMPACT WINDOWS 2023, NEW APPLIANCES 2024. The larger front unit offers approximately 850 square feet with a conventional and highly livable layout, featuring 2 spacious bedrooms, each with its own ensuite bathroom, a fully equipped kitchen, private laundry, and private outdoor space. The second unit is an efficient and well-appointed 1 bedroom, 1 bathroom residence with approximately 530 square feet, offering a large bedroom with ensuite bath, functional kitchen storage, private laundry, and comfortable living space.This property is ideal for an investor looking to add a renovated duplex to their rental portfolio. With the growth of the nearby Innovation District, expanding healthcare, marine science, university, arts, and business corridors, this Old Southeast duplex is positioned in a location where rental demand remains strong. You will never be short of tenant interest in this prime St. Petersburg location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Other
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,465
Year Built: 1948
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
Thermostat
Window Treatments
Fence
Private Entrance
Sidewalk
Feature Descriptions
Annual Net Income: 33280.00
Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
Community Features: Golf Carts OK, Park, Street Lights
Days on Site: 149
Directions: I-175, turn right on 3rd Street South, Duplex will be on the left at the corner of 20th Ave S
Exterior: Block, Stucco
Flood Zone Code: AE
Foundation: Crawlspace
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, Other
Lot: FloodZone, Landscaped, Street Brick, Paved
Lot Dimensions: 0.17
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Assigned, Curb Parking, Off Street, On Street
Parking Notes: Assigned, Curb Parking, Off Street, On Street
Pets Allowed: Yes
Pets Restrictions: check with municipality for pet restrictions
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Insulated Windows, Storm Window(s), Thermal Windows, Tinted Windows
Listed By / Shown By
Listed By
Agency Name: DOUGLAS ELLIMAN
Agency Contact: 727-698-5708
Shown By
Agent Name: Jennifer Clark
Agent Phone: (386) 775-7778
Agency Title: Glory International Real Estate Company
Estimate Your Payment
Estimated Payment
$ 2,052.14 per month $1,190.68 Principal & Interest $705.42 Property Tax $156.04 Homeowner's InsuranceChange Payment Information
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260 20th Avenue S | MLS# TB8514661
This multi-family property located at 260 20th Avenue S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $535,000. Search Saint Petersburg real estate on jclark.gloryire.com today.