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$435,000
5 Beds 3 Baths Palmetto Park SubDv. 33712 Zip Code
**TWO HOMES ON ONE LOT!** Unlock incredible investment potential with this rare 4-bedroom, 2-bathroom cottage-style residence, complete with a fully detached, income-ready 1-bedroom apartment behind. Whether you're looking for a savvy house hack, a multi-generational living setup, or a high-performing short-term rental, this property is designed to deliver immediate value. The two-story primary home exudes character, featuring elegant arched doorways and original built-in shelving that preserve its unique cottage charm. Enjoy peace of mind with extensive updates, including **a brand-new roof (June 2026)**, along with updated plumbing, electrical, and HVAC systems. The flexible floor plan offers two bedrooms and a full bathroom on the main level, with two additional bedrooms and a second full bathroom upstairs. Step outside to discover the detached 1-bedroom apartment—a stylish garage conversion designed for maximum versatility and income potential. This turnkey space features a full independent kitchen, making it ideal for long-term tenants, guests, or premium short-term rental opportunities. This unique property offers the perfect combination of move-in-ready reliability and outstanding income-producing potential. Live in the main home while the detached apartment helps offset your mortgage, or rent both for a dual-income investment. Don't miss this exceptional opportunity—schedule your showing today!

305 28th Street S, St Petersburg

$1,090,000
3 Beds 2 Baths Tanglewood Isle Sub SubDv. 33702 Zip Code
~~WATERFRONT POOL HOME~~Discover the perfect blend of coastal living and everyday comfort in this spacious 3-bedroom, 2-bath home located in Tanglewood, a hidden-gem neighborhood of mostly waterfront properties. Enjoy quick, unobstructed access to Tampa Bay, true SAILBOAT WATER, and your own boat lift; the ideal setup for effortless boating right from your backyard. Inside, the home offers a versatile and inviting layout with a welcoming living room, formal dining room, cozy family room, and a large, sun-filled Florida room. The updated kitchen features new shaker-style cabinetry, abundant storage, granite countertops, a stylish tile backsplash, and brand-new appliances. The spacious primary suite includes an en-suite bath, walk-in closet, and private access to the backyard via a screened patio, perfect for enjoying peaceful sunrises with your morning coffee. The two additional bedrooms also feature walk-in closets and generous space. Step outside to your personal retreat: a newly resurfaced PebbleTec pool with travertine decking, ideal for relaxing or entertaining. Additional features include a 2-car garage, space to park a trailer and valuable system upgrades: 1-year-old HVAC and water heater and a 3-year-old roof. Seller just installed over $30K of HydroDam Flood Barriers for added peace of mind. Located close to schools, a golf course, the new YMCA, vibrant shops and restaurants along 4th Street, minutes from downtown St. Pete, and just 25 minutes to Tampa, this home offers an exceptional opportunity in a highly sought-after waterfront community.

1963 Tanglewood Drive Ne, St Petersburg

$325,000
2 Beds 2 Baths La Puerta Del Sol Condo SubDv. 33715 Zip Code
HIGH & DRY! NO FLOOD DAMAGE! Welcome to the ideal Florida villa condominium an impeccably updated 2-bed, 2-bath retreat offering both effortless living for buyers and strong rental appeal for savvy investors. This tastefully renovated interior features new appliances and stylish finishes, creating a move-in-ready space that feels like a private vacation home. From your lanai, enjoy serene, lush golf-course views while being just steps from calm Boca Ciega Bay, where stunning nightly sunsets become part of your everyday routine. The resort style community offers an Olympic style heated pool, spa, waterfront gazebo, and poolside grills—perfect for year-round relaxation and entertaining. Located in the highly desirable Isla Del Sol area, you’re surrounded by top-rated restaurants, boating and kayaking spots, pristine parks, the famous Pinellas Trail, and are minutes from St. Pete Beach and Pass-a-Grille, two of the best beaches in the country. Just 8 minutes to downtown St. Petersburg’s world-class dining, arts scene, and vibrant nightlife and safely elevated and dry during last year’s storms this first floor villa is the perfect blend of paradise living and a high-demand investment opportunity in one of Florida’s most sought-after snowbird destinations.

5510 Puerta Del Sol Boulevard S Unit 132, 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