1. Anthoney Hamrick, REALTOR ®
  2. Tropic Shores Realty
  • MLS#: TB8324486 ( Residential Income )
  • Street Address: 1410 38th Avenue N
  • Viewed: 6
  • Price: $619,900
  • Price sqft: $419
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 1478
  • Bedrooms: 3
  • Total Baths: 2
  • Days On Market: 27
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Property Photos
1410 38th Avenue N
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PRICED AT ONLY: $619,900

Address: 1410 38th Avenue N, SAINT PETERSBURG, FL 33704

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Description
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 duplexs 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 youre 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.
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Features
Building and Construction
  • Basement: Exterior Entry, Finished, Interior Entry
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Lighting, Rain Gutters
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1249.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: FloodZone, Historic District, Near Public Transit, Oversized Lot
School Information
  • High School: St. Petersburg High-PN
  • Middle School: Meadowlawn Middle-PN
  • School Elementary: John M Sexton Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Dryer, Refrigerator, Washer
  • Country: US
  • Interior Features: Ceiling Fans(s), Ninguno, Smart Home
  • Legal Description: HUDSON CITY SUB REV REP BLK B, LOT 4 LESS RD
  • Levels: Two
  • Area Major: 33704 - St Pete/Euclid
  • Occupant Type: Tenant
  • Parcel Number: 12-31-16-41598-002-0040
  • Zoning Code: MTM1
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Headshot for Associate Anthoney Hamrick
  1. Anthoney Hamrick, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.345.2102
  4. findmyflhome@gmail.com