Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, young professionals, and retirees alike.

Grove Heights Annex is characterized by its tree-lined streets, friendly neighbors, and a welcoming community atmosphere. The homes here range from cozy single-family residences to modern townhouses, each exuding a unique charm that reflects the diverse character of the area. With a variety of architectural styles, potential homeowners will find plenty of options to suit their tastes and needs.

One of the standout features of Grove Heights Annex is its proximity to the stunning Gulf Coast beaches. Just a short drive away, you can bask in the sun, enjoy water sports, or take leisurely strolls along the shoreline. The area is also rich in parks and recreational facilities, perfect for outdoor enthusiasts looking to explore nature trails or enjoy picnics with family and friends.

St. Petersburg is known for its vibrant arts scene, delicious dining options, and lively nightlife. Residents of Grove Heights Annex have easy access to the city's cultural attractions, including museums, galleries, and theaters. Additionally, the local shopping centers and farmer's markets provide everything you need for your daily conveniences.

With its ideal location, friendly community, and abundance of amenities, Grove Heights Annex is not just a place to live—it's a place to thrive. Discover your new home in this delightful subdivision, where the best of Florida living awaits you!

Newest Listings in Grove Heights Annex

$585,000

7 Beds ⋅ 3 Baths ⋅ Grove Heights Annex SubDv. ⋅ 33705 Zip Code

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**

721 12th Street S, St Petersburg

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