Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a charming subdivision nestled in the heart of St. Petersburg, Florida. This delightful community offers an inviting blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

Grove Heights Annex is characterized by its picturesque tree-lined streets, well-maintained homes, and a warm sense of community. The neighborhood boasts a variety of architectural styles, from classic Florida bungalows to modern designs, ensuring that there’s something to suit every taste. With a strong emphasis on community engagement, residents often come together for local events and gatherings, fostering lasting friendships and a welcoming atmosphere.

One of the standout features of Grove Heights Annex is its prime location. Residents enjoy easy access to the vibrant downtown St. Petersburg, where an array of dining, shopping, and cultural experiences await. The nearby waterfront parks and recreational areas offer ample opportunities for outdoor activities, from leisurely strolls to water sports, all while soaking up the beautiful Florida sunshine.

Families will appreciate the proximity to highly-rated schools, as well as local parks equipped with playgrounds and sports facilities. For those who love the arts, the area is just a short drive from museums, galleries, and theaters that showcase the rich cultural heritage of St. Petersburg.

Whether you’re seeking a peaceful retreat or an active lifestyle, Grove Heights Annex is a hidden gem that promises a fulfilling and vibrant way of life in sunny Florida. Discover your new home in this enchanting community today!

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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