Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision is a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and young professionals alike.

Grove Heights Annex boasts a warm, welcoming atmosphere with tree-lined streets and an array of beautifully maintained homes. Whether you’re looking for a cozy bungalow or a spacious family residence, this community offers a variety of architectural styles to suit your taste. The neighborhood is known for its strong sense of community, where neighbors become friends and local events bring everyone together.

One of the standout features of Grove Heights Annex is its prime location. Residents enjoy easy access to the stunning beaches of the Gulf Coast, just a short drive away, as well as the bustling downtown St. Petersburg, known for its vibrant arts scene, eclectic dining options, and charming boutiques. For nature enthusiasts, nearby parks and recreational areas offer opportunities for outdoor activities, from hiking and biking to picnicking and birdwatching.

Families will appreciate the quality of schools in the area, along with various community amenities, including playgrounds and sports facilities. With its friendly atmosphere and convenient location, Grove Heights Annex is more than just a place to live; it’s a community where memories are made and cherished. Explore the possibilities of calling Grove Heights Annex home, where your perfect Florida lifestyle awaits!

Newest Listings in Grove Heights Annex

$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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