Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the heart of St. Petersburg, Florida, within the picturesque Pinellas County. This charming subdivision perfectly blends the vibrancy of city life with the tranquility of suburban living, making it an ideal place for families, retirees, and everyone in between.

Washington Terrace boasts a variety of homes that cater to diverse lifestyles and preferences. From cozy single-family residences to spacious properties with attached homes, this community offers a unique charm that draws residents in. Many of the homes feature lush landscaping, inviting porches, and modern amenities, ensuring comfort and style for every homeowner. Imagine enjoying your morning coffee on a sun-drenched patio or hosting family gatherings in your expansive backyard—Washington Terrace makes these dreams a reality.

The subdivision is conveniently located near a wealth of amenities, including parks, shopping centers, and top-rated schools, making it easy to enjoy everything St. Petersburg has to offer. Residents can take advantage of nearby recreational options, such as beautiful beaches, vibrant cultural attractions, and a thriving dining scene, all just a short drive away.

Washington Terrace is not just a place to live; it's a community where neighbors become friends and lifelong memories are created. With its ideal location, diverse housing options, and welcoming atmosphere, Washington Terrace is a wonderful place to call home. Explore the possibilities and discover your perfect property in this delightful subdivision today!

$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