935 17TH AVENUE S ST PETERSBURG, FL 33705

update time: 08/28/2026 17:02:45

Virtually Staged. BACK ON THE MARKET - 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.

Take Exit 22: While traveling south on I-275, take Exit 22 for I-375 E toward Downtown/The Pier.Merge onto I-375 E: Keep right at the fork to stay on I-375 E.Exit at 4th St N: Take the exit toward 4th St N.Turn right: Turn right onto 4th St N.Turn right: Make another right turn onto 5th Ave N.Turn left: Turn left onto 16th St N.Turn right: Turn right onto 17th Ave S to arrive at your destination on the right.

Property Details

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