Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the vibrant heart of St. Petersburg, Florida. This charming subdivision in Pinellas County is where community spirit meets suburban tranquility, offering residents a truly idyllic lifestyle.

Washington Terrace is renowned for its diverse array of homes, each with its unique character and charm. Many of these residences feature attached properties, making them perfect for families, young professionals, or anyone looking to enjoy the convenience of additional space. Imagine having your own cozy retreat right next door, whether it’s a guest suite, a home office, or a creative studio. The possibilities are endless!

The neighborhood is characterized by tree-lined streets, beautifully landscaped yards, and a warm, inviting atmosphere. Residents enjoy a strong sense of community, with friendly neighbors and local events that foster connections. The location is ideal for those who appreciate a balance of suburban serenity and urban accessibility. Just a short drive away, you’ll find the bustling downtown St. Petersburg, filled with trendy shops, delicious restaurants, and cultural attractions, including museums and art galleries.

Outdoor enthusiasts will love the proximity to some of Florida's most stunning beaches and parks, offering endless opportunities for recreation and relaxation. Whether you’re taking a leisurely stroll along the waterfront or enjoying a picnic in one of the nearby parks, Washington Terrace provides the perfect backdrop for a fulfilling lifestyle.

If you’re seeking a place that combines the best of both worlds—comfort and convenience—look no further than Washington Terrace. Your dream home awaits in this delightful community!

$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