1410 38th Avenue N, ST PETERSBURG, FL

$614,999

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3

Beds

2

Baths

1,249

Square feet

0.11

Acres

About 1410 38th Avenue N

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.

Residential Income home for sale in ST PETERSBURG, FL at 1410 38th Avenue N. This 3 bedroom Residential Income home is priced at $492/sqft

Features of 1410 38th Avenue N

MLS® # TB8324486
Price $614,999
Bedrooms 3
Bathrooms 2.00
Square Footage 1,249
Acres 0.11
Year Built 1927
Type Residential Income
Sub-Type Duplex
Status Active

Community Information: St Petersburg

Address 1410 38th Avenue N
Area St Pete/Euclid
Subdivision HUDSON CITY SUB REV REP
City ST PETERSBURG
County Pinellas
State FL
Zip Code 33704

Amenities of 1410 38th Avenue N

Is Waterfront No
Has Pool No
Senior Community No

Interior of 1410 38th Avenue N

Interior Features Ceiling Fans(s), Ninguno, Smart Home
Appliances Dryer, Refrigerator, Washer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace No

Exterior of 1410 38th Avenue N

Exterior Features Fence, Lighting, Rain Gutters
Lot Description FloodZone, Historic District, Near Public Transit, Oversized Lot
Roof Shingle
Foundation Slab

School Information

Elementary John M Sexton Elementary-PN
Middle Meadowlawn Middle-PN
High St. Petersburg High-PN

Additional Information On 1410 38th Avenue N

Date Listed November 24th, 2024
Days on Market 76
Zoning MTM1
Flood Zone Code X
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeLPT REALTY, LLC.

Map To 1410 38th Avenue N, ST PETERSBURG

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