Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place to call home. With its tree-lined streets and friendly community atmosphere, Washington Terrace is a haven for families, retirees, and professionals alike.

The homes in Washington Terrace boast a variety of architectural styles, each exuding character and charm. Many properties feature spacious layouts, modern amenities, and beautifully landscaped yards, providing ample space for both relaxation and entertaining. Whether you’re looking for a cozy bungalow or a larger family home, Washington Terrace has something to suit every taste and lifestyle.

One of the standout features of this subdivision is the abundance of attached properties. These homes often come with the added benefit of low-maintenance living, allowing residents to spend more time enjoying the community and less time on upkeep. Imagine sipping your morning coffee on a sun-drenched patio or hosting a barbecue in your private backyard oasis—Washington Terrace offers the perfect backdrop for creating lasting memories.

Located just a short drive from downtown St. Petersburg, residents have easy access to a vibrant array of dining, shopping, and entertainment options. Plus, with nearby parks and recreational facilities, outdoor enthusiasts can enjoy everything from leisurely strolls to active sports.

Discover the charm and convenience of Washington Terrace—where community spirit meets comfortable living in sunny Florida! Whether you’re ready to buy or simply exploring options, this subdivision is sure to capture your heart.

$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