Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal choice for families, retirees, and anyone looking to enjoy the vibrant Florida lifestyle.

Grove Heights Annex boasts a welcoming atmosphere, characterized by tree-lined streets and well-maintained homes that reflect the community's pride. Residents here enjoy a close-knit neighborhood feel, with friendly neighbors and a strong sense of community spirit. The area is known for its diverse architecture, featuring everything from cozy bungalows to modern family homes, catering to a variety of tastes and lifestyles.

The location of Grove Heights Annex is truly unbeatable. Just a short drive from downtown St. Petersburg, residents have easy access to a plethora of dining, shopping, and entertainment options. Whether you’re in the mood for a gourmet meal, a leisurely afternoon at a local café, or a fun night out, the vibrant downtown scene has something for everyone.

For outdoor enthusiasts, the nearby parks and recreational areas provide ample opportunities for hiking, biking, and enjoying Florida's beautiful weather. The stunning Gulf Coast beaches are also just a short drive away, perfect for sunbathing, swimming, or simply taking in the breathtaking sunsets.

With its ideal location, friendly community, and access to the best that St. Petersburg has to offer, Grove Heights Annex is not just a place to live; it’s a place to thrive. Come discover your new home in this delightful subdivision today!

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

Start Your Search