4925 2nd Ave S

St. Petersburg FL 33707

2340 sq. ft.

12201 sq. ft.

Duplex

Currently for sale - view listing

Overview

Exceptional income-producing opportunity with this versatile triplex property, ideal for both investors and owner-occupants alike. The main residence offers 3 bedrooms and 1 full bath, featuring original hardwood floors, a spacious kitchen with stainless appliances, solid wood cabinets, living/family room with a wood-burning fireplace, formal dining area, and a charming sunroom that fills the home with natural light. A fully fenced backyard provides privacy and outdoor space perfect for relaxing or entertaining. The property resides on a large/ oversized lot and can potentially add a 4th unit to the property for additional rental income (pending the city's approval).In addition to the main home, the property includes two separate 1-bedroom, 1-bath units—each with a separate electric meter & private entrance offering comfortable living spaces and strong rental potential. A shared community storage area with washer and dryer adds convenience for all occupants, along with a large attic space providing additional storage. The downstairs apartment offers flexible use as an in-law suite, private guest quarters, or a teen retreat, while also presenting an excellent opportunity for supplemental rental income. Whether you’re looking to offset your mortgage by living in the main home and leasing the additional units, or seeking a fully income-generating investment, this property delivers both functionality and financial potential in one unique package. Ideally situated just minutes from top-rated schools, a variety of shopping and dining options, and the vibrant energy of downtown St. Petersburg. Commuting is a breeze with quick access to I-275, connecting you seamlessly throughout the Tampa Bay area. Plus, you’re just a short drive from Florida’s award-winning Gulf beaches, where you can soak in the sun, sand, and coastal lifestyle year-round.