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$385,000
7 Beds ⋅ 3 Baths ⋅ Wildwood Sub SubDv. ⋅ 33712 Zip Code
Welcome to an incredible opportunity to own in the Wildwood Heights area of St. Petersburg! This spacious property is currently operating as a functioning PadSplit and is offered FULLY FURNISHED, providing a turnkey opportunity for an investor looking to add a shared-housing property to their portfolio.The home features 6 bedrooms and 3 bathrooms, plus a flexible 7th room that is currently being utilized as an additional bedroom. The seller can convert this space back into a traditional living room prior to closing, creating a 6-bedroom, 3-bathroom home with a dedicated common living area, or it can remain configured as a 7th bedroom for the new owner.The property is conveniently located just a 2-minute walk to public transit, providing easy access to transportation throughout the St. Petersburg area. Additional features include a new dryer and replacement washing machine, and the furnishings currently in the home will convey with the sale. With its existing PadSplit configuration, fully furnished setup, flexible floor plan, and convenient location, this property offers options for both investors and buyers looking for a spacious home in Wildwood Heights. Continue operating the property in its current configuration or convert the additional bedroom back into living space to suit your needs. Conveniently located near downtown St. Petersburg, shopping, dining, major roadways, and the Gulf beaches. Schedule your private showing today!

2629 14th Avenue S, St Petersburg
$1,050,900
5 Beds ⋅ 6 Baths ⋅ Wildwood Sub SubDv. ⋅ 33712 Zip Code
Motivated Sellers! HOME WARRANTIES included on the existing units and located in a NO FLOOD ZONE, this rare MULTIFAMILY INVESTMENT PROPERTY in ST. PETERSBURG, FLORIDA offers the perfect combination of IMMEDIATE CASH FLOW and APPROVED DEVELOPMENT OPPORTUNITY. Situated on approximately 3.5 CORNER LOTS, this unique property includes FOUR FULLY OCCUPIED RENTAL UNITS across three separate buildings, featuring a 3-BEDROOM, 2-BATH SINGLE-FAMILY HOME, a 2-BEDROOM, 2-BATH SINGLE-FAMILY HOME, and TWO REMODELED STUDIO APARTMENTS, all extensively updated in 2022 with NEW ROOFS, UPDATED KITCHENS, MODERN FLOORING, NEW DOORS, TRIM, PAINT, AND INTERIOR FINISHES, plus NEW LANDSCAPING completed in 2025. Also included is the parcel at 1416 28TH AVE S, where the previous five-unit building was professionally demolished with permits, including asbestos remediation, and the property has already been REZONED AND APPROVED FOR UP TO 13 RESIDENTIAL UNITS, allowing investors and developers to collect rental income while planning their next project. Located just minutes from DOWNTOWN ST. PETERSBURG, CENTRAL AVENUE, the WAREHOUSE ARTS DISTRICT, the TROPICANA FIELD REDEVELOPMENT, I-275, and the GULF BEACHES, this property is surrounded by NEW CONSTRUCTION, thriving businesses, and one of the area's strongest RENTAL MARKETS. Whether you're searching for a MULTIFAMILY PROPERTY, INCOME-PRODUCING INVESTMENT, REDEVELOPMENT OPPORTUNITY, VALUE-ADD PROJECT, or a COMMERCIAL RESIDENTIAL DEVELOPMENT SITE, this exceptional offering delivers STRONG CASH FLOW, LONG-TERM APPRECIATION, and outstanding upside in one of ST. PETERSBURG'S FASTEST-GROWING LOCATIONS.

2722 14th Avenue S, St Petersburg