Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a charming subdivision nestled in the heart of St. Petersburg, Florida, within the vibrant Pinellas County. This delightful community is not just a place to live; it's a lifestyle that embodies the essence of Florida living. With its lush landscapes, friendly neighbors, and convenient amenities, Washington Terrace is the perfect place to call home.

The homes in Washington Terrace boast a unique blend of character and modern comfort, offering a variety of architectural styles to suit any taste. Each residence features attached properties, providing both privacy and the convenience of easy access. Imagine enjoying your morning coffee on your private patio, surrounded by the serene beauty of mature trees and vibrant gardens. These homes are designed with family living in mind, featuring spacious layouts that allow for seamless entertaining and relaxation.

Living in Washington Terrace means you’re just minutes away from the stunning Gulf Coast beaches, where you can soak up the sun or enjoy a leisurely stroll along the shoreline. The subdivision is also conveniently located near local parks, shopping centers, and dining options, ensuring that you have everything you need within reach.

For those who appreciate a sense of community, Washington Terrace offers a welcoming atmosphere where neighbors become friends. Join in on local events, explore nearby trails, or simply enjoy the tranquility of your surroundings. Discover the charm of Washington Terrace, where every day feels like a vacation in paradise. Your dream home awaits in this idyllic St. Petersburg neighborhood!

$445,000

4 Beds ⋅ 4 Baths ⋅ Washington Terrace SubDv. ⋅ 33702 Zip Code

Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious 2-bedroom, 2-bathroom units with porcelain tile and luxury vinyl flooring throughout. A new A/C unit was recently installed in Unit 2985. Both units offer inside utility rooms with laundry facilities and private yard spaces, providing added comfort and convenience for tenants. One unit is currently occupied by a reliable long-term tenant, providing immediate rental income, while the second unit is vacant and ready for an owner-occupant or investor seeking market-rate rents. Current rental income is below market, with strong upside potential. Estimated market rents are approximately $2,150 per month per unit beginning August 1, 2026. Tenants are responsible for electricity and water, and separately metered utilities help keep operating expenses low and management simple. Built in 1984, the property features durable concrete block construction and ample on-site parking. Ideally situated between I-275 and US-19, this property offers convenient access to St. Petersburg, Tampa, and Clearwater. Located in a non-flood zone, no flood insurance is currently required, providing additional long-term value and peace of mind. Enjoy a central location just minutes from Sawgrass Lake Park, Crescent Lake Park, and vibrant downtown St. Petersburg, featuring the St. Pete Pier, waterfront dining, museums, entertainment, and shopping. The Gulf beaches, St. Pete-Clearwater International Airport, and Tampa International Airport are all within easy reach. This is a rare opportunity to own a versatile income-producing property in a high-demand rental market with excellent long-term growth potential. PLEASE DO NOT DISTURB TENANTS. Unit 2983 is tenant occupied and may not be shown. Showings are limited to the vacant Unit 2985 by appointment only.

2983 62nd Avenue N, St Petersburg

Washington Terrace Homes with Attached Property Description

Newest Washington Terrace Homes with Attached Property Description