Grove Heights Annex Homes with No Deed Restriction Community Extras

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision, located in the heart of Pinellas County, offers a unique blend of convenience, community spirit, and the freedom of a no deed restriction lifestyle.

Grove Heights Annex stands out for its welcoming atmosphere and diverse array of homes, making it an ideal choice for families, retirees, and everyone in between. The neighborhood features a variety of architectural styles, from cozy bungalows to spacious modern homes, ensuring that there’s something for everyone. Residents enjoy the flexibility that comes with no deed restrictions, allowing for a truly personalized living experience. Whether you're looking to cultivate a lush garden, park your RV, or even run a small business from home, Grove Heights Annex provides the freedom to do so.

The location is unbeatable, with easy access to St. Petersburg’s bustling downtown, beautiful beaches, and a plethora of parks and recreational facilities. Enjoy leisurely strolls or bike rides along the scenic waterfront, indulge in the local dining scene, or explore the vibrant arts and culture that the city has to offer.

In Grove Heights Annex, community is key. Neighbors often come together for events, fostering a sense of belonging and camaraderie. With its inviting atmosphere and prime location, this subdivision is not just a place to live; it’s a place to thrive. Discover your new home in Grove Heights Annex and experience the perfect blend of freedom and community in sunny St. Petersburg!

Newest Grove Heights Annex Homes with No Deed Restriction Community Extras

$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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