Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision is situated in the heart of Pinellas County, offering residents a perfect blend of suburban tranquility and urban convenience. With its lush landscapes and friendly community atmosphere, Washington Terrace is ideal for families, retirees, and anyone seeking a welcoming place to call home.

The homes in Washington Terrace are characterized by their unique charm and thoughtful designs. Each property boasts attached homes that provide both privacy and a sense of community. These residences often feature spacious layouts, modern amenities, and beautifully landscaped yards, making them perfect for both entertaining and everyday living. Whether you’re looking for a cozy retreat or a place to grow with your family, you will find a variety of styles and sizes to suit your needs.

Living in Washington Terrace means enjoying the best of St. Petersburg. The subdivision is conveniently located near shopping centers, parks, and recreational areas, allowing residents to take full advantage of the Sunshine State's outdoor lifestyle. With easy access to local schools, dining, and entertainment options, everything you need is just a stone's throw away.

Experience the warmth and charm of Washington Terrace, where community spirit thrives, and your dream home awaits. Explore the possibilities today and discover why so many are proud to call this delightful neighborhood home!

$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