935 17th Avenue S, St Petersburg, FL 33705

$549,900
8
BD
4
BA
2,448
SqFt

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List Price
$549,900
Status
Active
Days on Market
21
MLS#
TB8526429
Property Style
Single Family
Year Built
1953
Bedrooms
8
Bathrooms
4
Living Area
2,448
Lot Size
6,804
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Armstrongs Sub F A
MLS Area Major
St Pete

Property Description

Virtually Staged. 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 at $2,995/month, with HUD Fair Market Rent up to $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.

Additional Information

Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Solid Surface Counters
Interior Features
Solid Surface Counters
Floor
Luxury Vinyl
Appliances
Convection Oven, Refrigerator
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Heating
None
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Frame
Exterior Features
Private Mailbox, Private Yard
Roof
Shingle
Foundation
Stem Wall
Pool
No Pool
Elementary School
James Sanderlin Elementary-Pn
Middle School
John Hopkins Middle-Pn
High School
St. Petersburg High-PN
Pets
Allowed
Pet Size
Medium (36-60 Lbs.)

Listing Courtesy Of EXP REALTY LLC, Contact: 888-883-8509

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