4502 9th Avenue S, Saint Petersburg, FL 33711
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: matt kreger
Office: keller williams st pete realty
MLS#:TB8554668
Source:MFRMLS
Price summary
- Price:$399,000
- Price per sq. ft.:$172.06
About this home
Investors, this is your cash cow! Two-Unit Income Property: 1925 Bungalow + Detached 1BR, Tenant in Place, Major Systems Updated
Turnkey two-unit investment with income from day one. This property pairs a 3-bedroom, 1-bath 1925 bungalow with a detached 1-bedroom apartment, giving you two separate rentable units on one lot, in one closing.
The capital expenditures are largely done. Within the past two years, the main house received a new roof, new A/C, a new water heater, and several new windows. The back unit has all-new windows and brand-new central heat and air. Updated systems mean lower near-term maintenance costs and fewer surprises in your first years of ownership.
The detached unit is currently rented on a month-to-month basis, providing immediate cash flow with the flexibility to keep the existing tenant or reposition the unit. The main house will be available for a new tenant on November 1, so you can set your own lease terms and rent. Each unit has its own dedicated parking, which helps with tenant appeal and retention.
The rent numbers support strong returns. FY2026 HUD Fair Market Rents for this property are $2,900 for the 3-bedroom and $1,950 for the 1-bedroom, a combined $4,850 per month in potential gross rent. Don't miss out on adding this money maker to your portfolio.....
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Home facts
- Year built:1925
- Subdivision & Development:VINSETTA PARK ANNEX
- Listing ID #:TB8554668
- Added:4 day(s) ago
- Updated:October 07, 2026 at 03:21 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Ceramic Tile, Tile
- Kitchen Description:Range, Refrigerator
- Basement Description:Crawlspace
- Living area:1,448 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:1,448 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Frame
- Exterior Features:Front Porch, Sidewalk
- Levels:Multi/Split Story
Schools
- High school:Boca Ciega High-PN
- Middle school:Azalea Middle-PN
- Elementary school:Bear Creek Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$172.06
- Tax amount:$5,458 (2025)
Features and amenities
- Appliances:Electric Water Heater, Range, Refrigerator
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Thermostat
- Pool features:Public Pool
Parking
- Parking description:Driveway
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