Residential Property - Single Family Residence in St Petersburg
Listing Price: $550,000 (Mortgage Calculator →)
Description of Property
330 20th Ave S, St. Petersburg, FL — Income Producing QUADPLEX Two separate duplexes on one property. One duplex in front (single story, side by side), one duplex in the rear (1 unit upstairs, 1 unit downstairs) Exceptional investment opportunity in the highly desirable Old Southeast neighborhood of St. Petersburg. This well-maintained income-producing property consists of two separate duplex buildings, offering immediate cash flow with additional upside potential. The front building is a single-story duplex featuring two 1-bedroom, 1-bath units. The rear building includes a 1-bedroom, 1-bath unit on the main floor and a spacious 2-bedroom, 1-bath unit upstairs, providing a desirable unit mix for a variety of tenants. Three units are currently leased at $1,495, $1,395, and $1,445 per month, while one unit is vacant and ready for occupancy at $1,495 per month. With the 4th unit rented at $1345 a CAP rate of approximately 9.5% would be achieved. This property offers solid cash flow today with room for rental growth tomorrow, making it ideal for both seasoned investors and those looking to expand their portfolio. Located just minutes from vibrant Downtown St. Petersburg, residents enjoy quick access to waterfront parks, Beach Drive, the St. Pete Pier, restaurants, shopping, museums, and major employment centers. The Old Southeast neighborhood continues to see strong demand and long-term appreciation, making this a strategic addition to any investment portfolio. Don’t miss this opportunity to own a versatile, income-producing asset in one of St. Pete’s most sought-after locations.
Bedrooms: 4
Bathrooms: 4
Sq. Ft. Gross: 2,093
Garage: No
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Rouslynn
Bedrooms: 4
Bathrooms: 4
Sq. Ft. Gross: 2,093
Sq. Ft. Living Area: 2,093
Cost per (heated) sqare foot: $263
Year built: 1948
Annual Tax: $10,424
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Cooktop
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Other
Foundation: Slab
Roof: Shingle
Exterior Features: Private Yard
Floors in Unit: Two
Cooling: Wall/Window Unit(s)
Heating & Fuel: Wall Units / Window Unit
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.16
Lot Size (sq. ft.): 7,009 square feet
Lot Dimensions: 50 x 140
Front Exposure: North
Legal Description & Other Information
Parcel Number: 303117771840100100
Tax Legal Desc.: ROUSLYNN BLK 10, LOT 10
Section: 30
Range: 17
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.