Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision offers a unique blend of suburban tranquility and vibrant city life, making it an ideal place for families, professionals, and retirees alike.

Grove Heights Annex is characterized by its tree-lined streets and friendly atmosphere, creating a welcoming environment for residents. The neighborhood boasts a variety of well-maintained homes, each with its own character and charm. Whether you’re looking for a cozy bungalow or a modern family residence, you’ll find a diverse selection of properties that cater to various tastes and budgets.

One of the standout features of Grove Heights Annex is its proximity to some of St. Petersburg’s finest amenities. Residents enjoy easy access to local parks, recreational areas, and a wealth of shopping and dining options. The nearby waterfront offers stunning views and opportunities for outdoor activities, including boating, fishing, and leisurely strolls along the shoreline.

Families with children will appreciate the quality of schools in the area, which are known for their dedicated staff and strong community involvement. Additionally, the vibrant arts scene and cultural attractions of downtown St. Petersburg are just a short drive away, providing endless entertainment options.

With its perfect blend of community spirit, convenient location, and beautiful surroundings, Grove Heights Annex is not just a place to live; it’s a place to thrive. Come discover the charm of this delightful subdivision and see why so many are proud to call it home!

Newest Listings in Grove Heights Annex

$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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