Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision is a perfect blend of tranquility and convenience, offering residents a peaceful retreat while being just moments away from the vibrant city life. With its lush landscapes and friendly community atmosphere, Washington Terrace is an ideal place for families, retirees, and anyone seeking a relaxed lifestyle.

The homes in Washington Terrace are a delightful mix of architectural styles, each boasting unique character and charm. Many properties feature spacious layouts, inviting living areas, and well-appointed kitchens that make entertaining a joy. With attached properties, residents enjoy the convenience of having their own private outdoor spaces, perfect for gardening or enjoying sunny Florida days. The homes are designed for comfort and functionality, ensuring that every family member feels right at home.

As part of the Pinellas County community, Washington Terrace provides easy access to a variety of amenities, including parks, shopping centers, and dining options. The nearby waterfront offers stunning views and recreational opportunities, from boating to fishing, making it a paradise for outdoor enthusiasts. Families will appreciate the proximity to quality schools and community services, ensuring a well-rounded lifestyle for all ages.

Whether you’re drawn to the serene surroundings or the vibrant local culture, Washington Terrace is a place where you can truly feel at home. Explore the possibilities and discover your next dream home in this enchanting St. Petersburg subdivision!

$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