Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision is characterized by its serene atmosphere and friendly community, making it an ideal place for families, retirees, and anyone looking to embrace the Sunshine State lifestyle.

Grove Heights Annex boasts a diverse array of well-maintained homes, each exuding its own unique character and charm. With tree-lined streets and lush landscaping, residents enjoy a picturesque setting that invites outdoor activities and leisurely strolls. The neighborhood is known for its strong sense of community, where neighbors become friends and gatherings are a regular delight.

Conveniently located, Grove Heights Annex offers easy access to the vibrant culture and amenities of St. Petersburg. Just a short drive away, you’ll find the stunning waterfront, bustling downtown area, and a plethora of dining, shopping, and entertainment options. Whether you’re exploring the local art scene, enjoying a day at the beach, or indulging in fresh seafood at a nearby restaurant, there’s something for everyone in this lively city.

Families will appreciate the proximity to top-rated schools and parks, providing ample opportunities for recreation and education. With year-round sunshine and a welcoming atmosphere, Grove Heights Annex is not just a place to live; it’s a place to thrive.

Discover the charm of Grove Heights Annex today, where community spirit meets the beauty of Florida living. Your dream home awaits!

Newest Listings in Grove Heights Annex

$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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