3700 59th Street N, St Petersburg, FL 33710

$575,000
5
BD
2
BA
2,257
SqFt

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List Price
$575,000
Status
Active
Days on Market
1
MLS#
TB8546844
Property Style
Duplex
Year Built
1967
Bedrooms
5
Bathrooms
2
Living Area
2,257
Lot Size
7,976
Acres
0.18
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Sheryl Manor Schanzenbach Add 2nd Pt Rep
MLS Area Major
St Pete/Crossroads

Property Description

An outstanding opportunity for both owner-occupants and investors in the desirable Sheryl Manor neighborhood of St. Petersburg. This well-maintained duplex offers an ideal house-hacking setup, allowing you to live in one unit while generating rental income from the other, or add a versatile income-producing property to your portfolio. Unit 3700 is a beautifully renovated 2-bedroom, 1-bath residence that is truly move-in ready. The extensive renovation features a stylish remodeled kitchen and bathroom, stainless steel appliances, new flooring, and updated finishes throughout. The result is a bright, modern interior that requires little to no immediate work. The adjoining 3-bedroom, 1-bath unit is currently tenant occupied with a lease through March 2027, providing immediate rental income to the new owner. The unit is functional and income-producing today, while also offering future potential for cosmetic updates and personalization to further enhance its appeal and rental value. Both residences function independently and feature separate electric and water meters, indoor laundry rooms with additional storage, covered front porches, open rear patios, and fully fenced private backyards. The property sits on a spacious corner lot, providing excellent separation and privacy between the two residences. Additional improvements include a 2019 roof, 2022 AC system serving the occupied unit, replaced HVAC ductwork, and new attic insulation installed in 2020. Located in central St. Petersburg, Sheryl Manor offers convenient access to Tyrone Square, shopping, restaurants, hospitals, parks, and everyday amenities. The Gulf beaches are just minutes away, with Downtown St. Petersburg and The Pier approximately 12 minutes from the property. Whether you’re looking to offset your housing costs through rental income, purchase your first investment property, or expand an existing portfolio, this duplex offers the combination of immediate income, flexible living options, and long-term upside that makes it a compelling St. Petersburg investment.

Additional Information

Taxes
$7470
Minimum Lease
1 Month
Annual Gross Income
24720
Location
Corner Lot, Flood Insurance Required, City Limits, Level, Near Public Transit
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RES
Interior Layout
Ceiling Fans(s), Primary Bedroom Main Floor, Stone Counters
Interior Features
Ceiling Fans(s), Primary Bedroom Main Floor, Stone Counters
Floor
Carpet, Laminate, Luxury Vinyl, Tile
Appliances
Dryer, Electric Water Heater, Range, Refrigerator, Washer
Utilities
Electricity Connected, Public, Sewer Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Private Yard, Sidewalk, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Westgate Elementary-Pn
Middle School
Tyrone Middle-Pn
High School
Dixie Hollins High-PN
Pets
Allowed
Flood Zone Code
AE
Parcel ID
08-31-16-81072-002-0060
Legal Description
SHERYL MANOR SCHANZENBACH ADD 2ND PARTIAL REPLAT BLK 2, LOT 6

Listing courtesy of MAVREALTY. nina@Mavrealty.com

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