Price: $549,900
MLS Number: TB8526429
 Single Family
935 17TH, Saint Petersburg, Florida 33705 USA
 Beds: 8
 
 Baths: 4
 
 Living Area: 2,448
 Lot Square Feet: 6,804
 
 HOA Fees: 
 
 Year Built: 1953
 Community: ARMSTRONGS SUB F A
 
 Subdivision: ARMSTRONGS SUB F A
 Elementary School: James Sanderlin Elementary-PN
 
 Junior High: John Hopkins Middle-PN
 High School: St. Petersburg High-PN
 
About this Property
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.

About the Area

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