1511 35TH AVE N St Petersburg, FL 33704

You’ve not seen a property like this one in St Pete! Yearly income from this property could reach $58,000 - two out of three units already rented! Live in one house and rent out the others, rent all three for serious income potential (8-9% CAP rate) or use for multi-generational living. Here’s an incredible property in Magnolia Heights neighborhood. The incredible, large garden grounds include mature fruit plants; a cocktail tree (which produces 5 citrus fruits), pineapple, banana, mango, along with many orchids and aloe, all of which are easily maintained using the well supplied irrigation system and various garden areas. An arborist’s dream! Two structures have been completely updated with new roofs, new appliances, new floors, new cabinets, new bathrooms, and more. The 1/1 apartment, with new mini-split systems, has an over-sized two garage space and is currently rented for $1500. The 2/1 on the front right is currently occupied with lease expiring in August. The back left house can be rented for $1800 but is currently unoccupied in case a new owner wants to take occupancy. This listing is for two side-by-side lots containing 3 structures. The Tax ID for the 2nd property is 12-31-16-94428-001-0080. SALE PRICE INCLUDES ADJOINING PROPERTY-1517 35th Ave N. Don’t miss out on this truly unique property in the heart of St Pete!