1121 10th Avenue S, Saint Petersburg, FL 33705
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: andrew vieira
Office: dalton wade inc
MLS#:TB8535618
Source:MFRMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$308.82
About this home
Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 2525 37th St S (See MLS# TB8535635). This 3-bedroom, 1.5-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at a premium rate of $2,715/month (leased through 3/31/2027), providing secure, government-backed rental income.
The asset has undergone extensive, high-end renovations, resulting in nearly zero deferred maintenance for the next owner. The home has passed multiple rigorous housing inspections. Upgrades include a new 2.5-ton HVAC system, roof repairs, whole-house fumigation with warranty, and a new concrete driveway and patio. The interior features a stunning full kitchen buildout with custom cabinetry, Quartz countertops, new stainless steel appliances including dishwasher and washer/dryer, recessed LED lighting, chandelier, and premium remote-controlled fans. A beautifully upgraded bathroom includes luxury fixtures, LED vanity, and custom shower with premium tile to the ceiling. Located in Flood Zone X (no flood insurance typically required) with zero HOA fees and a tenant who is responsible for all utilities and lawn care.
Package Sister Property Details (2525 37th St S): Features a 4-bed / 1-bath layout, a $3,150/month lease through 2/28/2027, custom attic conversion, and high-end finishes. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. This is a true hassle-free, stabilized addition to any portfolio.
*This listing offers a one-point-lender-paid rate buydown for qualifying buyers.
Pictures are from after renovations, but before current tenants moved in, buyers to verify all information....
Contact an agent
Home facts
- Year built:1925
- Subdivision & Development:SERVISS SUB
- Listing ID #:TB8535618
- Added:98 day(s) ago
- Updated:November 10, 2026 at 09:40 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Ceramic Tile, Luxury Vinyl
- Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Solid Surface Counters
- Bedroom Description:Primary Bedroom Main Floor
- Living area:1,020 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:1,020 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Landscaped, Paved, Sidewalk
- Architectural Style:Bungalow, Florida
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Lighting, Patio, Private Mailbox, Rain Gutters, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$308.82
- Tax amount:$4,175 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Driveway, Off Street
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