4 Beds
3 Baths
1,791 SqFt
4 Beds
3 Baths
1,791 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,791 sqft
Price per Sqft $367
Subdivision Kinyon & Woods Add
MLS Listing ID TB8517137
Bedrooms 4
Construction Status Completed
HOA Y/N No
Year Built 1960
Annual Tax Amount $10,130
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 60x128
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Rare opportunity to own two independent residences on one oversized 60' x 128' (7,780 SF) lot in one of St. Petersburg's most sought-after and walkable neighborhoods. With alley access, tandem off-street parking for up to 10 vehicles, and separate water and electric meters for each residence, this is a versatile property equally suited for owner-occupants, multigenerational living, and long-term investors.
The front residence (720) offers approximately 1,098 square feet of living space with 2 bedrooms and 2 updated en-suite bathrooms. An open-concept living and dining area flows into the updated kitchen featuring stainless steel appliances, while the screened porch/sunroom. The principal bedroom has sliders out a private fenced courtyard and spacious side yard—perfect for entertaining, gardening, pets, or relaxing outdoors.
The rear residence (724) offers approximately 693 square feet with 2 bedrooms, 1 bathroom, private laundry, newer kitchen appliances, and its own private living area, making it ideal for long-term rental income, extended family, guests, or a dedicated home office.
Each residence has its own water and electric meter along with a dedicated washer and dryer, providing added convenience for occupants and simplified management for investors.
Previously rented for approximately $2,500 monthly for the front residence and $1,500 monthly for the rear residence, the property has demonstrated approximately $4,000 monthly in gross rental income, with potential for future increases. Buyers should independently verify rental income, expenses, and investment projections.
The property's legal two-family designation may provide financing opportunities for qualified owner-occupant buyers, including low down payment loan programs like FHA, while allowing rental income from the second residence to help offset monthly housing costs. Buyers should verify financing eligibility with their lender.
Located in Flood Zone X, flood insurance is not currently required by most lenders. Enjoy one of St. Petersburg's most walkable neighborhoods, just minutes from vibrant downtown and approximately 1.5 miles from the iconic St. Pete Pier. Walk or bike to Crescent Lake Park, Beach Drive, Vinoy Park, waterfront parks, museums, galleries, restaurants, cafés, breweries, hospitals, and year-round festivals and entertainment. Quick access to I-275 provides convenient travel throughout Tampa Bay, while the area's award-winning Gulf beaches are only a short drive away.
Properties offering two independent residences on one oversized parcel with separate utilities, significant recent system upgrades, abundant parking, proven rental history, and exceptional flexibility rarely become available in Historic Uptown. Whether you're looking to live in one residence while generating income from the other, accommodate extended family, or add a unique asset to your investment portfolio, this property presents an outstanding opportunity in one of St. Petersburg's most desirable neighborhoods.
Location
State FL
County Pinellas
Community Kinyon & Woods Add
Area 33701 - St Pete
Direction N
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Split Bedroom, Window Treatments
Heating Central, Ductless
Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Flooring Bamboo
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry Inside, Other, Washer Hookup
Exterior
Exterior Feature Dog Run, Lighting, Other, Private Mailbox, Private Yard
Parking Features Parking Pad
Community Features Street Lights
Utilities Available Electricity Connected, Other, Sewer Connected, Water Connected
Water Access No
View Garden
Roof Type Shingle
Porch Covered, Enclosed, Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description Oversized Lot
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools North Shore Elementary-Pn
Middle Schools John Hopkins Middle-Pn
High Schools St. Petersburg High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8517137
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