Summit Park Homes with Lighting Exterior Features

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Newest Summit Park Homes with Lighting Exterior Features

$585,000

3 Beds ⋅ 2 Baths ⋅ Summit Park SubDv. ⋅ 33704 Zip Code

A home with its own rhythm, this St. Petersburg residence offers a flexible layout, versatile spaces, and a thoughtful flow. Enter through the living room which opens into the dining area with the kitchen and pantry tucked just off to the side. Hardwood floors extend through the main living areas adding warmth and continuity. French doors open into the den where a built-in desk and shelving create a functional area for working from home, hobbies, reading, or creative pursuits. Off the den, the bright, air-conditioned Florida room creates a comfortable extension of the living space overlooking the backyard and offering room to relax or entertain. The split bedroom layout provides separation, with the primary bedroom located off the den and two additional bedrooms positioned along a separate hallway that also features a full bathroom. The primary suite includes an en-suite bathroom and a large walk-in closet. A loft area tucked above the main living space adds another flexible area for guests, a workspace, or a quiet place to unwind. Recent updates include a new HVAC system installed in 2025, new kitchen appliances added in 2025, a ductless mini split installed in the Florida room in 2024, and electric upgrades in 2021. The fully fenced, large backyard offers room for relaxing, entertaining, and enjoying the outdoors. The one-car attached garage provides convenient parking, storage, and laundry. And the property sits high and dry. Situated in Magnolia Heights, this home offers convenient access to local restaurants, breweries, neighborhood favorites, and everyday essentials, with a variety of grocery options nearby. Downtown, waterfront destinations, and area beaches are all within easy reach.

3021 15th Street N, St Petersburg

$1,199,000

8 Beds ⋅ 4 Baths ⋅ Summit Park SubDv. ⋅ 33704 Zip Code

Introducing Blue Pelican, a brand-new commercial-quality quadplex rebuilt from the studs up. Only portions of the exterior framing and slab remain—every other major component is new, including the electrical system and panels, plumbing, roof, HVAC, siding, impact-rated windows and doors, driveway, insulation, drywall, upscale kitchens and bathrooms, and all interior finishes. The property also features a commercial fire sprinkler system and a commercial fire alarm system, offering insurance advantages, enhanced safety, and long-term durability rarely found in small multifamily assets. The building lives more like a newly constructed boutique apartment building than a traditional four-unit. Each residence has been fully redesigned with modern layouts and high-end finishes, and one of the units is fully ADA compliant with an exterior wheelchair-accessible ramp. Additional upgrades such as designated bicycle parking and thoughtful site enhancements help ensure low-maintenance ownership for years to come. The owners are currently replicating this project with the mirror-image property next door at 3101 16th St N, which will be completed as “Green Pelican” and will match Blue Pelican in layout, quality, and commercial-grade upgrades, with the only difference being a Seafoam Green exterior. Once completed, this will enhance the overall appeal and value of Blue Pelican, and a future purchaser will have the opportunity to acquire both properties for a cohesive and highly attractive 8-unit investment. Fully leased the property will deliver a total monthly rental income of $8,825 plus an additional $200/month in reimbursement for water and trash, bringing the annual gross income to approximately $108,300. All units are separately metered for electric, creating an efficient and predictable utility structure. Given the complete redevelopment and commercial-grade systems, future capital expenditure needs are minimal. Based on typical operating metrics for a brand-new, impact-rated multifamily building in Florida, the projected NOI supports a strong cap rate at list price. With rental upside over time, the pro forma performance trends even stronger. Blue Pelican presents a rare opportunity to acquire a true turnkey, fully rebuilt income-producing asset with commercial-level construction quality, modern design, and stabilized rent roll—all in a growing, high-demand market near downtown St Pete and right around the corner from Crescent Lake.

3103 16th Street N, St Petersburg

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