173 38th Avenue Se, Saint Petersburg, FL 33705

$419,000
  • 173 38th Avenue Se, Saint Petersburg, FL 33705 Main Photo

43 Photos

New to the Market Active
BEDS4 BATHS SQUARE FEET1,560 MLS#TB8553840
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLEWIS ISLAND

Property Description

Income-producing investment opportunity in desirable Coquina Key, just south of Downtown St. Petersburg! This versatile duplex offers the option to rent both units or live in one side while generating rental income from the other. Both units feature 2 bedrooms, 1 bathroom, updated interiors, and their own private laundry room with washer/ dryer & storage area, conveniently located next to the covered front patio. The property also features a NEW ROOF installed in 2026 and a FRESHLY PAINTED EXTERIOR.The WATER HEATERS in both units were replaced in 2021.Each side has individual fenced backyards.The left unit is currently rented with a lease through November 30, 2026, while the right unit is vacant and ready for occupancy. The estimated annual gross income reflects both units rented for $1700 monthly. Whether you're looking to expand your investment portfolio or live in one unit and rent the other, this property has flexibility and income potential in a convenient St. Petersburg location. Opportunities like this don't come along often-bring your investment strategy and take advantage of the future rental income, updated condition, and prime Coquina Key location. Schedule your private showing today and see firsthand the potential of this property! All measurements are deemed accurate but must be verified by the buyer or buyer's agent.

173 38th Avenue Se | MLS# TB8553840

This multi-family property located at 173 38th Avenue Se, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $419,000. Search Saint Petersburg real estate on elynch.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $5,315
Year Built: 1959

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Fence

Feature Descriptions

Annual Net Income: 21558.00
Appliances: Dryer, Range, Refrigerator, Washer
Days on Site: 1
Directions: Fourth St S becomes Sixth St S, go east onto 39th Ave S, turn left on Pompano Dr SE, to right on 38th Ave SE, Duplex is on the right side.
Exterior: Block
Flood Zone Code: AE
Flooring: Ceramic Tile, Terrazzo, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Flood Insurance Required, FloodZone
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: Yes
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box,24 Hour Notice, Appointment Only, Call Before Showing, Call Listing Agent, Lock Box Electronic-CBS Code Required, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No

Local Schools

High School: Lakewood High-PN
Middle School: Bay Point Middle-PN
Elementary School: Lakewood Elementary-PN

Listed By / Shown By

Listed By

Agency Name: LUCAS GROUP REALTY INC
Agency Contact: 727-385-8869

Shown By

Agent Name: Emily Lynch
Agent Phone: (813) 810-4465
Agency Title: Florida Executive Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,497.64 per month $932.51 Principal & Interest $442.92 Property Tax $122.21 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder