Grove Heights Annex Homes with No Deed Restriction Community Extras

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision offers a unique blend of modern living and community spirit, making it an ideal choice for families, professionals, and retirees alike. One of the standout features of Grove Heights Annex is its commitment to a lifestyle free from deed restrictions, allowing homeowners the freedom to truly make their properties their own.

Imagine a neighborhood where creativity and individuality flourish! In Grove Heights Annex, you can express yourself with your landscaping choices, home improvements, and even your choice of outdoor décor. This flexibility fosters a welcoming atmosphere where neighbors become friends and community bonds are strengthened.

The homes in Grove Heights Annex are as diverse as its residents, featuring a variety of architectural styles and sizes. Whether you're searching for a cozy bungalow or a spacious family home, you’ll find options that suit your needs. The community is also conveniently located near local parks, schools, and shopping centers, ensuring that everything you need is just a stone's throw away.

St. Petersburg is renowned for its beautiful beaches, vibrant arts scene, and year-round sunshine, making it a perfect place to call home. With no deed restrictions, Grove Heights Annex encourages a lifestyle that embraces personal expression and community involvement. Discover the charm of this delightful subdivision and envision the possibilities of life in Grove Heights Annex—where your home truly reflects you!

Newest Grove Heights Annex Homes with No Deed Restriction Community Extras

$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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