Grove Heights Annex Homes with Two Story Property Description

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision is known for its welcoming community spirit, lush greenery, and convenient access to the best that the Sunshine State has to offer. Situated in the heart of Pinellas County, Grove Heights Annex is just a stone's throw away from stunning Gulf Coast beaches, lively downtown St. Pete, and a plethora of dining and entertainment options that make this area a sought-after destination for families and professionals alike.

The homes in Grove Heights Annex are predominantly two-story properties, designed to maximize both space and comfort. These residences boast a thoughtful blend of modern amenities and classic architectural touches, making them perfect for those seeking a stylish yet functional living environment. With spacious floor plans, ample natural light, and beautifully landscaped yards, these homes provide an ideal backdrop for both relaxation and entertaining.

Families will appreciate the proximity to excellent schools, parks, and recreational facilities, ensuring that there’s always something for everyone to enjoy. Whether you're hosting a weekend barbecue on your expansive patio or enjoying a quiet evening in your cozy living room, Grove Heights Annex offers the perfect setting for creating lasting memories.

If you’re looking for a vibrant community with a rich sense of belonging, coupled with the charm of two-story homes, look no further than Grove Heights Annex. Discover your dream home in this delightful neighborhood and experience the best of St. Petersburg living!

Newest Grove Heights Annex Homes with Two Story Property Description

$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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