Florida
St Petersburg
801 18TH AVENUE S

$399,000

801 18TH AVENUE S, St Petersburg, FL 33705

4 beds |
2 baths |
1,680 sqft

Duplex
Built in 1953
7,405sqft lot
—— car garage
$238/sqft
Listed 7 days ago

Property Description

EXCEPTIONAL INCOME-PRODUCING DUPLEX - FULLY UPDATED & OCCUPIED. This meticulously maintained BLOCK CONSTRUCTION duplex offers immediate cash flow with stable, long-term tenants in place. Both units feature 2 bedrooms/1 bathroom and have been updated throughout. PROPERTY HIGHLIGHTS: Total Monthly Income: $3,713 ($1,800 Unit 1 + $1,913 Unit 2). Stable Tenancy: Both units occupied with Section 8 voucher recipients on annual lease agreements. Separate Utilities: Individual water and electric meters - tenants pay all utilities. RECENT MAJOR IMPROVEMENTS: Newer Roof - Peace of mind for years to come. Updated Windows - Enhanced energy efficiency. Newer HVAC Systems. Newer Water Heaters. Complete Cosmetic Updates - Fresh interior and exterior finishes. INVESTMENT DETAILS: Gross Annual Income: $44,556. Established Rental History with quality tenants. Section 8 Program provides rental payment security. Minimal Landlord Responsibilities - tenants handle utilities. LOCATION ADVANTAGES: Located in the desirable 33705 area of St. Petersburg, this property benefits from the city's robust rental market and ongoing urban revitalization. The 33705 zip code has shown consistent appreciation with average home prices up 6.8% year-over-year, making this an excellent long-term investment opportunity. PERFECT FOR: Experienced Investors seeking immediate cash flow. First-Time Investment Property buyers (turnkey ready). Portfolio Expansion with proven rental income. 1031 Exchange candidates. This is a rare opportunity to acquire a fully-stabilized, updated duplex with immediate positive cash flow. The combination of recent major improvements, established tenancy, and prime location makes this an exceptional investment in St. Petersburg's growing rental market. Properties of this caliber and cash flow potential move quickly in today's market!

Listing Status:: Active
Date Added:: September 29, 2025 at 05:00AM
Listing Office:: INSTA REAL ESTATE SOLUTIONS : 813-586-0654
Listing Agent:: Charles Rountree, P.A. : 813-586-0654
MLS ID:: TB8432418

General: Primary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsThermostatWindow Treatments
Appliances: RangeRange HoodRefrigerator
Laundry: Electric Dryer HookupWasher Hookup
Flooring: Tile
A/C: Central Air
Heating: CentralElectric

General: Private Mailbox

Roofing: Shingle
General: BlockSlab

Road/Access: Paved
Originating MLS: Stellar MLS
County: Pinellas

Zoning: STAHL'S SUB BLK ALOT 5303117851190010050

Utilities: Cable ConnectedElectricity ConnectedPublicSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS

This listing courtesy of Charles Rountree, P.A., INSTA REAL ESTATE SOLUTIONS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Midtown Academy

1701 10th St S, Saint Petersburg, FL, 33705

Grades KG-5

0.29 miles away

John Hopkins Middle School

701 16th St S, Saint Petersburg, FL, 33705

Grades 6-8

1.04 miles away

Pinellas Mycroschool of Integrated Academics and Technologie

840 3rd Ave S, Saint Petersburg, FL, 33701

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.