BEDS6
BATHS
SQUARE FEET2,368
MLS#TB8481729
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGRAND VIEW PARK
Property Description
Welcome to 626 37th Avenue South, a standout investment opportunity in the highly desirable Coquina Key neighborhood of South St. Petersburg, ideally located directly across from Coquina Key Park. This prime location offers immediate access to waterfront recreation including kayaking, paddleboarding, fishing, and scenic outdoor space that consistently drives strong rental appeal.This versatile property features a detached accessory dwelling unit (ADU) above a spacious garage, currently occupied with a long-term tenant, providing immediate income. The property is fully occupied and has been updated throughout, offering a turnkey opportunity for investors seeking stable, in-place revenue from day one.Notably, the home did not experience flooding during recent hurricane events, adding an extra layer of confidence for ownership in this coastal market.The flexible layout supports a variety of living and rental configurations, making it well-suited for investors or owner-occupants seeking supplemental income (buyer to verify rental regulations). Additional highlights include ample garage and storage space ideal for recreational equipment, a valuable feature given the property's proximity to public water access and outdoor amenities.Located in the rapidly growing South St. Petersburg market, the property benefits from close proximity to downtown St. Petersburg, the St. Pete Pier, beaches, dining, shopping, and major employment centers including hospitals and universities. This central location supports consistent rental demand and long-term value growth.Whether you are looking to expand your investment portfolio or secure a primary residence with income potential, this property offers a compelling combination of location, condition, and immediate income generation.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Garage: 2
Heating: Other
Lot Size: 0.21 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,444
Year Built: 1923
Amenities
Primary Bedroom Main Floor
Split Bedroom
Thermostat
Window Treatments
Other
Feature Descriptions
Annual Net Income: 64963.00
Days on Site: 43
Exterior: Frame
Fireplace: Family Room, Living Room
Fireplace Y/N: Yes
Flood Zone Code: AE
Foundation: Crawlspace, Other
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Lot Dimensions: 0.21
Ownership: Fee Simple
Parking: Other
Parking Notes: Other
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: HEART OF FLORIDA REALTY LLC
Agency Contact: 352-428-0800
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,901.08 per month $1,279.70 Principal & Interest $453.67 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
| MLS# TB8481729
This multi-family property located at , Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $574,999. Search Saint Petersburg real estate on www.realtymarkllc.com today.