Washington Terrace Homes with Attached Property Description

Welcome to Washington Terrace, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. Located in the heart of Pinellas County, this charming subdivision offers a perfect blend of suburban tranquility and urban convenience. With its lush greenery, friendly neighborhoods, and close proximity to the stunning Gulf Coast beaches, Washington Terrace is an ideal place for families, professionals, and retirees alike.

The homes in Washington Terrace are as inviting as the community itself. Each property boasts a unique character, with many featuring spacious layouts, modern amenities, and beautifully landscaped yards. These residences often come with attached properties, providing additional living space or the perfect opportunity for a home office, guest suite, or rental income. Imagine sipping your morning coffee on a sunlit patio or hosting gatherings in a cozy backyard—this is the lifestyle that Washington Terrace offers.

The subdivision is conveniently located near major thoroughfares, making it easy to explore all that St. Petersburg has to offer. From the bustling downtown area filled with art galleries, restaurants, and shopping, to the serene waterfront parks and recreational activities, there’s something for everyone just a short drive away.

With its friendly atmosphere and well-maintained homes, Washington Terrace is more than just a place to live; it’s a community where neighbors become friends and memories are made. Whether you’re looking to settle down or invest in a property, Washington Terrace is the perfect place to call home in sunny Florida. Discover the charm of this delightful subdivision today!

$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