Headshot for Associate Marisa Brewer
  1. Marisa Brewer, Broker,REALTOR ®,e-PRO
  2. Preferred Property Associates Inc
  3. Office: 352.688.1303
  4. Mobile: 352.279.3522
  5. mbrewer@pparealty.com
701 - 703 38th Avenue N, ST PETERSBURG, FL 33704
  • MLS#: TB8388648 ( Residential Income )
  • Street Address: 701 - 703 38th Avenue N
  • Viewed: 207
  • Price: $649,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 3
  • Days On Market: 212
  • Additional Information
  • Geolocation: 27.8069 / -82.6429
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33704
  • Subdivision: Allendale Terrace
  • mfrmls
  • DMCA Notice
  • Description
    Turn Key Income Property with Legal Apartment This extensively renovated corner lot property offers a legal two unit configuration consisting of a 3 bedroom / 2 bath main residence and a fully permitted 1 bedroom apartment, each designed for independent use. Separate electric meters support clear expense allocation and operational efficiency. The property has undergone comprehensive capital improvements, including two new HVAC systems, all new electrical wiring with two new electrical panels, two new water heaters, updated kitchens and baths, new flooring, fresh interior and exterior finishes, professional landscaping, hurricane rated impact windows in the main house, and a roof replaced approximately six years ago. Major systems have been addressed, minimizing near term maintenance and capital expenditure exposure. The permitted apartment supports long term rental use and income stability, while the main residence offers strong rental demand based on size, layout, and condition. Alley access enhances parking, privacy, and unit separationfeatures that improve tenant usability and asset performance. The property has experienced no flood damage, no storm damage, and no deferred maintenance. Priced at $649,000, the asset is positioned to support market based rental income, flexible occupancy strategies, and long term hold performance in the Allendale Terrace area of St. Petersburg, where permitted multi unit properties with this level of renovation are limited.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Mini-Split Unit(s)
  3. Other
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Sidewalk
Flooring
  1. Luxury Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Other
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Eat-in Kitchen
  3. Kitchen/Family Room Combo
  4. Living Room/Dining Room Combo
  5. Open Floorplan
  6. Stone Counters
  7. Window Treatments
Legal Description
  1. ALLENDALE TERRACE BLK 8
  2. LOT 16 & S 25FT OF LOT 15 LESS RD R/W ON S PER O.R. 4095/431
Levels
  1. One
Living Area
  1. 1728.00
Area Major
  1. 33704 - St Pete/Euclid
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 06-31-17-00540-008-0160
Parking Features
  1. Assigned
  2. Driveway
  3. Off Street
  4. On Street
  5. Parking Pad
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 31
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Electricity Connected
  4. Public
  5. Sewer Connected
  6. Water Connected
Views
  1. 207
Virtual Tour Url
  1. https://realestate.febreframeworks.com/videos/0192e864-3b18-73f8-abe5-e2d2a4bc5b73?v=346
Water Source
  1. Public
Year Built
  1. 1925
Zoning Code
  1. NTM-1
Headshot for Associate Marisa Brewer
  1. Marisa Brewer, Broker,REALTOR ®,e-PRO
  2. Preferred Property Associates Inc
  3. Office: 352.688.1303
  4. Mobile: 352.279.3522
  5. mbrewer@pparealty.com