Grove Heights Annex Homes with Two Story Property Description

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 urban convenience, making it an ideal choice for families, professionals, and retirees alike. With its lush greenery and friendly neighbors, Grove Heights Annex exudes a warm community spirit that welcomes you from the moment you arrive.

One of the standout features of this delightful neighborhood is the availability of stunning two-story homes. These residences are designed with modern living in mind, offering ample space for growing families or those who love to entertain. With open floor plans, spacious living areas, and well-appointed kitchens, the two-story homes in Grove Heights Annex provide a perfect backdrop for creating cherished memories. Imagine cozy evenings spent in the living room or hosting weekend barbecues in the backyard, surrounded by the beauty of Florida's natural landscape.

The location of Grove Heights Annex is another key attraction. Residents enjoy easy access to the vibrant downtown St. Petersburg, where art, culture, and dining await. Beautiful beaches are just a short drive away, offering endless opportunities for relaxation and recreation. With nearby parks, shopping centers, and schools, everything you need is conveniently within reach.

Whether you’re looking for your first home, a place to settle down, or an investment opportunity, Grove Heights Annex presents an inviting choice. Come and experience the charm and community spirit of this wonderful subdivision, where your dream home awaits!

Newest Grove Heights Annex Homes with Two Story Property Description

$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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