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 suburban tranquility and vibrant city life, making it an ideal place for families, young professionals, and retirees alike.

Grove Heights Annex is characterized by its lush, tree-lined streets and beautifully maintained homes, each exuding a unique character. As you stroll through the neighborhood, you'll discover a welcoming community that prides itself on its friendly atmosphere and neighborly spirit. The area is known for its diverse architectural styles, from quaint bungalows to modern residences, catering to a variety of tastes and lifestyles.

One of the standout features of Grove Heights Annex is its proximity to some of the best amenities St. Petersburg has to offer. Residents enjoy easy access to local parks, where children can play and families can gather for picnics. The nearby waterfront provides stunning views and recreational opportunities, including boating, fishing, and leisurely walks along the shore.

Additionally, Grove Heights Annex is just a short drive from the bustling downtown area, where you can explore a vibrant arts scene, indulge in gourmet dining, and enjoy a plethora of shopping options. With its rich cultural offerings and lively atmosphere, downtown St. Petersburg is a hub of activity that residents can easily access.

In Grove Heights Annex, you're not just buying a home—you're investing in a lifestyle. Experience the charm of this lovely subdivision and discover why so many are proud to call it home. Come and be a part of this thriving community in sunny Florida!

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

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