2525 37th Street S, Saint Petersburg, FL 33711
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: andrew vieira
Office: keller williams realty portfolio collection
MLS#:TB8535635
Source:MFRMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$191.33
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 1121 10th Ave S (See MLS #TB8535618). This 4-bedroom, 1-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at $3,150/month (leased through 2/28/2027), providing secure, government-backed rental income.
The asset has undergone an extensive luxury overhaul, featuring a custom attic conversion that creates a spacious 4th bedroom. Major capital expenditures have already been completed, including a 3-ton HVAC system, roof repairs, removal of an unsafe garage structure, and a brand-new paver patio. The high-end interior boasts new marble-look tile flooring throughout, a beautifully upgraded kitchen with Calacatta granite countertops, a waterfall edge breakfast bar, decorative LED pendant lighting, separate dining room, and stainless steel appliances with french door refrigerator, dishwasher and in-unit washer/dryer. With no HOA and the tenant handling all utilities and lawn care, this is a premium, hands-off investment.
Package Sister Property Details (1121 10th Ave S): Features a 3-bed / 1.5-bath layout, a $2,715/month lease through 3/31/2027, and premium updates located in Flood Zone X. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate.
Pictures are from after renovations, but before current tenants moved in, buyers to verify all information....
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Home facts
- Year built:1925
- Subdivision & Development:CHURCHILL GROVE
- Listing ID #:TB8535635
- Added:3 day(s) ago
- Updated:August 07, 2026 at 12:30 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Ceramic Tile
- Dining Description:Eat In Kitchen, Formal Dining Room
- Kitchen Description:Dishwasher, Disposal, Eat-in Kitchen, Microwave, Range, Refrigerator, Solid Wood Cabinets, Stone Counters
- Bedroom Description:Primary Bedroom Main Floor, Walk-In Closet(s)
- Living area:1,345 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:1,345 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Landscaped, Paved, Sidewalk
- Architectural Style:Bungalow, Craftsman, Florida
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Front Porch, Lighting, Patio, Private Mailbox, Rain Gutters, Sidewalk
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$191.33
- Tax amount:$2,909 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Laundry Closet, Washer
- Amenities:Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Ground Level, Off Street
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