Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the vibrant city of St. Petersburg, Florida! This charming subdivision, located in the heart of Pinellas County, offers a perfect blend of suburban tranquility and urban convenience. With its tree-lined streets and friendly atmosphere, Washington Terrace is a welcoming community that feels like home the moment you arrive.

The homes in Washington Terrace are a delightful mix of character and modern convenience. Each residence boasts attached properties, providing homeowners with the luxury of space and privacy while maintaining a sense of community. Whether you are seeking a cozy bungalow or a spacious family home, you’ll find a variety of architectural styles to suit your taste. Many of these homes feature inviting outdoor spaces, perfect for entertaining or simply enjoying the beautiful Florida sunshine.

Living in Washington Terrace means you’re just a stone’s throw away from St. Petersburg’s vibrant downtown, where you can explore an array of shops, restaurants, and cultural attractions. The nearby waterfront parks offer stunning views of the bay, making it an ideal spot for evening strolls or weekend picnics. Families will appreciate the proximity to quality schools and recreational facilities, ensuring a well-rounded lifestyle for all ages.

With its charming homes, friendly community vibe, and prime location, Washington Terrace is more than just a place to live; it's a place to thrive. Come experience the warmth and beauty of this remarkable subdivision—your dream home awaits!

$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