Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision in Pinellas County is known for its inviting community atmosphere and picturesque surroundings. With a perfect blend of suburban tranquility and urban convenience, Washington Terrace offers a lifestyle that is both relaxed and vibrant.

Homes in Washington Terrace boast a variety of architectural styles, each with its own unique charm. Many residences feature spacious layouts, modern amenities, and beautifully landscaped yards, making them perfect for families, retirees, or anyone seeking a serene place to call home. The attached properties provide an added sense of community, with neighbors often becoming lifelong friends. Whether you’re looking for a cozy bungalow or a more expansive family home, Washington Terrace has something to suit every taste and budget.

The location of Washington Terrace is truly unbeatable. Residents enjoy easy access to a wealth of recreational opportunities, including nearby parks, waterfront areas, and the stunning Gulf beaches just a short drive away. St. Petersburg's vibrant downtown area, with its eclectic mix of shops, restaurants, and cultural attractions, is also within easy reach, making it simple to enjoy the best of city living while retreating to the peaceful ambiance of the neighborhood.

In Washington Terrace, you’ll find not just a house, but a welcoming community where you can create lasting memories. Come explore this delightful subdivision and discover why so many have chosen to call it home. Your dream home awaits in Washington Terrace!

$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