Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a charming subdivision nestled in the heart of St. Petersburg, Florida, in beautiful Pinellas County. This delightful community is known for its friendly atmosphere and convenient location, making it an ideal place for families, retirees, and young professionals alike.

Washington Terrace features an array of well-maintained homes, each with its own unique character. Many of these residences boast attached properties, offering the perfect blend of privacy and community living. Imagine stepping out of your cozy home and being greeted by the vibrant sights and sounds of your neighborhood. With spacious layouts and modern amenities, these homes are designed for comfort and functionality, catering to a variety of lifestyles.

The community is conveniently located near a wealth of amenities, including parks, shopping centers, and dining options. Residents can enjoy leisurely strolls through nearby green spaces or take advantage of the stunning Florida weather while engaging in outdoor activities. With easy access to major roadways, commuting to downtown St. Petersburg or exploring the beautiful Gulf Coast beaches is a breeze.

In Washington Terrace, you’ll experience the perfect blend of suburban tranquility and urban excitement. Whether you’re looking to settle down or invest in a vibrant community, this subdivision offers a welcoming environment that feels like home. Discover the charm of Washington Terrace and see why so many people are proud to call it their own!

$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