Virtually Staged. MINUTES FROM ST PETE BEACH! Rare St. Petersburg Income-Producing potential \ Two Separate Homes \ No HOA \ No Flood Zone. Opportunities like this are becoming increasingly difficult to find. Whether you're searching for a primary residence with built-in rental income, a multigenerational living solution, an Airbnb investment, or a turnkey income-producing property, this home delivers exceptional flexibility in one of St. Petersburg's most desirable locations. Situated on a beautifully maintained property, this unique offering features two completely separate residences, each with its own private entrance and separate electric meter, creating endless possibilities for homeowners and investors alike.The primary residence offers 2 bedrooms, 1 bathroom, timeless wood flooring, charming architectural details, and thoughtful updates throughout preserve the home's original charm while providing modern comfort and functionality. The detached Accessory Dwelling Unit (ADU) features 2 bedrooms and 2 bathrooms, making it ideal as a guest house, in-law suite, long-term rental, Air BNB, short-term vacation rental, private home office, or additional living space. The separate entrances and individual utilities provide privacy and independence for both residences, an increasingly sought-after feature in today's market. Whether you're looking to offset your mortgage with rental income, create a private space for extended family, build your real estate portfolio, or capitalize on St. Petersburg's thriving rental market, this property offers exceptional versatility and long-term value. Beyond the property itself, the location is truly outstanding. Nestled just moments from the historic Kenwood District, you'll enjoy quick access to the vibrant energy of Downtown St. Petersburg, award-winning restaurants, breweries, museums, waterfront parks, entertainment venues, and some of Florida's most beautiful Gulf Coast beaches. Commuting is effortless with both Tampa International Airport and St. Pete–Clearwater International Airport approximately 30 minutes away, making travel convenient for both homeowners and guests. Imagine owning a home that not only fits your lifestyle today but offers the flexibility to grow with your future. Live in one residence, generate income from the other, welcome extended family, or create the investment you've been searching for. The possibilities are endless, but opportunities like this are limited. Schedule your private showing today.