BEDS8
BATHS
SQUARE FEET2,448
MLS#TB8545200
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONARMSTRONGS
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.16 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,163
Year Built: 1953
Amenities
Solid Surface Counters
Private Mailbox
Private Yard
Feature Descriptions
Annual Net Income: 46880.00
Appliances: Convection Oven, Microwave, Refrigerator
Directions: Take Exit 22 (I-175 E) toward Tropicana Field. Take the exit for 9th St S / Dr. MLK Jr. St S. Turn Right (South) onto 9th St S / Dr. MLK Jr. St S and continue for approximately 1 mile. Turn Right (West) onto 17th Ave S. The property (935 17th Ave S) will
Exterior: Frame
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Stem Wall
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.16
Other Equipment: Private Yard
Ownership: Fee Simple
Parking: Driveway, Off Street, On Street, RV Carport
Parking Notes: Driveway, Off Street, On Street, RV Carport
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Lockbox
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Local Schools
High School: St. Petersburg High-PN
Middle School: John Hopkins Middle-PN
Elementary School: James Sanderlin Elementary-PN
Listed By / Shown By
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimate Your Payment
Estimated Payment
$ 1,789.53 per month $1,201.78 Principal & Interest $430.25 Property Tax $157.50 Homeowner's Insurance
935 17th Avenue S | MLS# TB8545200
This multi-family property located at 935 17th Avenue S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $539,990. Search Saint Petersburg real estate on www.floridaexecutiverealty.com today.