What is the Asking Price?

The current asking price for this property is $619,900. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 2 stories, 3 beds, 2 baths, 1,249 sqft, 0.11 acres lot, built in 1927, 17 pictures.

Where is the property located?

Property is located at 1410 38TH AVE N, SAINT PETERSBURG, FL, US. You can view this listing on our map here .

St. Petersburg for sale - 1410 38th Ave N,FL 33704

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1410 38TH AVE N, SAINT PETERSBURG, 33704

$619,900
3 Beds, 2 Baths , 1,249 Sq.Ft
County: Pinellas
Subdivision: HUDSON CITY SUB REV REP

Property highlights

MLS#: TB8324491
4,887.00 lot size Sq.Ft.
Year built: 1927

Listed: 11/24/2024
Taxes: $5,958.00

Property Overview

This property is a rare gem, perfectly suited for a range of buyers, from savvy investors seeking income-producing opportunities to families looking for a versatile home. With a total net rent of $4,900 per month, this duplex delivers an impressive 4.9% cap rate. Its MTM zoning not only permits a single-family home to be constructed up to 36 feet high in the front of the lot but also unlocks additional potential for creative development. Situated in flood zone X, the property offers added peace of mind, free from the worries of high-risk flood zones.

The fully renovated duplex boasts two distinct units: one featuring two bedrooms and one bathroom, and the other a cozy one-bedroom, one-bath layout. Every detail of the approximately $40,000 in upgrades has been thoughtfully executed to ensure a modern and worry-free living experience. The property features a brand-new roof installed in 2021 and recently updated air conditioning units for ultimate comfort. Plumbing has been completely upgraded to durable PVC, connected seamlessly to the city drain with new clean-outs. The interiors have been refreshed with updated kitchen countertops, while the bathrooms exude elegance with new showers, toilets, cabinets, and a fresh, modern coat of paint.

Outside, the property continues to impress. A newly constructed concrete porch, an $18,000 investment, adds a touch of sophistication and durability, while the privacy fence, installed in November 2023, creates a serene and secure atmosphere. The oversized lot amplifies the property's versatility, offering ample space for additional development or outdoor enhancements. The duplex’s strategic placement at the rear of the lot maximizes usability, leaving the front portion primed for future construction or landscaping dreams.

This property stands as a testament to both charm and potential, providing a blank canvas for those who want to expand on its many possibilities. Whether you’re an investor looking to maximize rental income or a homeowner seeking to live in one unit while renting out the other, the options here are virtually limitless. The zoning allows for further development, such as a single-family home or additional rental spaces, ensuring this property remains a standout investment.

Seize this unique opportunity to own a property that combines timeless appeal with modern upgrades, all while offering untapped potential for future growth. Schedule your private showing today and step into a property that truly has it all.

Driving directions : From St. Petersburg High School, head west on 5th Ave N and make a U-turn at 27th St N. Continue for about 0.7 miles and turn left to merge onto I-275 North toward Tampa. After 1.8 miles, take exit 25 for 38th Ave N and veer slightly right onto the ramp toward US-92. Merge onto 38th Ave N, and your destination will be on the right at 1410 38th Ave N, St. Petersburg.

Property Features

Rooms	Dimension	Description
Foyer		First level
Kitchen		First level
Dining Room		First level
Living Room		First level
Primary Bedroom		First level
Primary Bathroom		First level
Bedroom 2		First level
Kitchen		Second level
Bedroom 3		Second level
Bathroom 2		Second level

Interior Features

Ceiling Fans(s)
Smart Home

Appliances

Dryer
Refrigerator
Washer

Heating

Wall Units / Window Unit

Laundry features

Common Area

Air Conditioning

Wall/Window Unit(s)

Floor Covering

Carpet
Tile
Wood

Utilities

Cable Connected
Electricity Connected
Water Connected

Exterior features

Lighting
Rain Gutters

Parking features

Alley Access

Patio and porch features

Porch

Construction Materials

Stucco
Wood Frame

Road Surface Type

Concrete

Property Condition

Completed

Roof

Shingle

Foundation

Slab

Lot Features

FloodZone
Historic District
Near Public Transit
Oversized Lot

School Information

Elementary school: John M Sexton Elementary-PN View more listings
Middle school: Meadowlawn Middle-PN View more listings
High school: St. Petersburg High-PN View more listings

Listing information courtesy of LPT REALTY

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Listing data comes from My Florida Regional MLS.