Under Contract

Listed by Carissa White

Source: Stellar MLS #TB8526429

935 17th Ave S, St. Petersburg, FL, 33705

$549,900

8
4
2448 sq. ft.
6804 sq. ft.

SingleFam

30+ days on the market

What's around 935 17th Ave S

About this property

Under contract-accepting backup offers. Virtually Staged. 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 at $2,995/month, with HUD Fair Market Rent up to $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.

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