Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a charming subdivision nestled in the vibrant city of St. Petersburg, Florida. Known for its friendly atmosphere and picturesque surroundings, Washington Terrace offers a delightful blend of suburban tranquility and urban convenience. This community is a hidden gem in Pinellas County, making it an ideal location for families, retirees, and anyone looking to enjoy the beautiful Florida lifestyle.

The homes in Washington Terrace are characterized by their unique architectural styles, ranging from cozy single-family residences to modern, stylish abodes. Each property is designed with comfort and functionality in mind, often featuring spacious layouts, well-manicured lawns, and inviting outdoor spaces. Many homes come with attached properties, providing homeowners with the perfect opportunity for additional living space, guest accommodations, or even a home office. Imagine sipping your morning coffee on a sun-drenched patio or hosting family gatherings in your expansive backyard—Washington Terrace allows for it all!

Residents of Washington Terrace enjoy easy access to a variety of local amenities, including parks, shopping centers, and dining options. The community is also conveniently located near some of Florida's most stunning beaches, allowing for endless outdoor adventures and relaxation in the sun. With its welcoming neighborhood vibe and prime location, Washington Terrace is more than just a place to live; it's a community where you can truly thrive. Come discover your dream home in this enchanting subdivision today!

$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