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1410 38th Avenue N

St Petersburg, FL 33704
  • $614,999
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: TB8324486
UPDATED: 102 min ago
$614,999
  • 3
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,249
    SQFT
  • $492
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-17T23:43:25.633.
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1410 38th Avenue N St Petersburg, FL 33704

  • Price: $614,999
  • Status: Active
  • On Site: 85 Days
  • Updated: 102 min ago
  • MLS #: TB8324486
3
Beds
0
Baths
0
½ Baths
0.11
Acres
1,249
SQFT
$492
$/SQFT
1927
Built
Neighborhood:
Hudson City Sub Rev Rep
County:
Pinellas
Area:
St Pete/Euclid
Elementary School:
John M Sexton Elementary-PN
Middle School:
Meadowlawn Middle-Pn
High School:
St. Petersburg High-Pn
Property Description
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.
Exterior Features

Carport Yn No Construction Materials StuccoWood Frame Exterior Features FencedLightingRain Gutters Foundation Details Slab Lot Features FloodZoneHistoric DistrictNear Public TransitOversized Lot Patio And Porch Features Porch Pool Private Yn No Road Surface Type Concrete Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DryerRefrigeratorWasher Basement Exterior EntryFinishedInterior Entry Building Area Total 1478 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring CarpetTileHardwood Heating Wall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s)NingunoSmart Home Laundry Features Common Area Levels Two Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions See County for Lease Restrictions. Annual Net Income 58800 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventionalFHAVA Loan Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Condition Completed Property Sub Type Duplex Realtor Info As-IsNo Sign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 5958 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedWater Connected Zoning MTM1


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of LPT REALTY, LLC.: 877-366-2213.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-17T23:43:25.633.
 
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