Back 3462 3rd Ave N
Off Market

3462 3rd Ave N

St. Petersburg FL 33713

6
4
4
2260 sq. ft.
6351 sq. ft.
Duplex
Last sold for $626,000
Michael DiGaetanoMichael DiGaetano, last sold this property on 27 July 2026 after 51 days on market.

Overview

Grand Central District Income Property — St. Petersburg, FL Duplex | Strong Cash Flow | Separate Meters | No Shared Walls This is the kind of property seasoned investors look for and rarely find — a true cash flowing duplex in one of St. Petersburg's most actively developing corridors, priced for the savvy buyer who understands value over aesthetics. The Property Two fully independent units with no shared walls — a layout that keeps tenant relations simple and turnover low. The property features two spacious 3 bed / 2 bath units with a market rent of $2,500/month each. No carpet anywhere — durable, low maintenance flooring throughout that tenants respect and landlords appreciate. One unit sits above the garage offering complete privacy and separation. The second unit is adjacent to the garage at ground level. A fully fenced private patio completes the outdoor space — a feature that attracts long term tenants and keeps vacancy low. The Numbers --- Current gross rent for Unit B — $4,800/month Potential Rent by August for Unit A -- $4800-$6000 Tenants cover all utilities — separate electric and water meters for both units Low overhead — low maintenance — strong tenant retention history The Mechanicals One new full HVAC system One new mini split unit Decent overall condition — solid bones — consistently tenant ready The Location — This Is Where The Money Is Centrally located in St. Petersburg's Grand Central District — one of the city's most actively evolving neighborhoods. Major commercial redevelopment has been approved along 34th Street between 22nd Ave N and 22nd Ave S — bringing new businesses, foot traffic, and long term appreciation to the immediate area. Surrounding improvements are already underway and values in this corridor are moving in one direction. This is not a flip. This is not a project. This is a durable, easy to manage, cash flowing asset in a market that is actively being invested in at the municipal and commercial level. Long term tenants, low turnover, and a location that gets better every year. Ideal for: First time investors using the house hack strategy Experienced investors adding a turnkey cash flowing asset Buyers seeking strong ROI in an appreciating St. Pete corridor

Features

6 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
2260 sq. ft. floor area
6351 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 6 bedroom duplexes sold in St. Petersburg over the last 12 months.

Property history for 3462 3rd Ave N

2026
Sold
$626,000
27 Jul 2026 by Michael DiGaetano
2018
Sold
$246,000
31 May 2018 by Nehad Darwish

Happy sellers in St. Petersburg

89%
89% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in St. Petersburg over the last 12 months.

Local market activity for 6 bedroom duplexes in St. Petersburg

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