5829 32ND STREET N
St Petersburg, FL 33714
1189 sqft | 2 beds | 2 baths | 0.13 acres | #TB8375600
Description
Extremely rare high & dry duplex - income-producing and packed with upside. The owner’s early retirement offers you the rare chance to secure this remodeled, income-ready duplex in one of the most coveted and storm-resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long-term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value-add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high-and-dry, non-flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house-hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning and updates. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low-maintenance, income-producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please just reach out to the listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Property Details
- Utility FeaturesElectricity Connected, Public, Sewer Connected, Water Connected
- Property SubtypeSingle Family Residence
- SubdivisionSUNSHINE HEIGHTS MANOR
- InteriorCeiling Fans(s)
- Sewer InformationPublic Sewer
- MLS #TB8375600
- MLS #TB8375600
- Property TypePurchase
- CountyPinellas
- Original List Price$297,000
- Exterior MaterialsStorage
- Utility SourcePublic
- Taxes Annual$3,171
- Cost296800
- Acres0.13
- Square Feet1189
- Year Built1956
- FoundationSlab
- Bedrooms2
- Bathrooms2
- Full Baths2
- Days on Market (Cumulative)5
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Renaissance Realty Main
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Alexander Izikson (#MFR276760644)
Listing Office: RICHARD PETERS REALTY LLC (#MFR261597099)

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