UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $375
Subdivision Allendale Terrace
MLS Listing ID TB8388648
Bedrooms 4
HOA Y/N No
Year Built 1925
Annual Tax Amount $5,450
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 69x100
Property Sub-Type Duplex
Source Stellar MLS
Property Description
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 separation—features 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.
Location
State FL
County Pinellas
Community Allendale Terrace
Area 33704 - St Pete/Euclid
Zoning NTM-1
Direction N
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Window Treatments
Heating Central, Other
Cooling Central Air, Mini-Split Unit(s), Other
Flooring Luxury Vinyl
Fireplaces Type Electric, Living Room, Ventless
Fireplace true
Laundry Inside
Exterior
Exterior Feature Fence, Sidewalk
Parking Features Assigned, Driveway, Off Street, On Street, Parking Pad
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Concrete Perimeter, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://realestate.febreframeworks.com/videos/0192e864-3b18-73f8-abe5-e2d2a4bc5b73?v=346
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