Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the heart of St. Petersburg, Florida. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place to call home.

Grove Heights Annex boasts a diverse community of friendly neighbors and well-maintained homes, creating an inviting atmosphere that fosters connection and camaraderie. The tree-lined streets are perfect for evening strolls, while the lush greenery provides a serene backdrop that enhances the natural beauty of the area.

One of the standout features of Grove Heights Annex is its proximity to some of the best amenities that St. Petersburg has to offer. Residents enjoy easy access to a variety of shopping, dining, and entertainment options, all just a short drive away. The vibrant downtown area is renowned for its eclectic art scene, bustling farmers' markets, and waterfront parks, ideal for picnics and outdoor activities.

Families will appreciate the highly-rated schools in the vicinity, ensuring a quality education for children of all ages. Additionally, the nearby recreational facilities and parks provide ample opportunities for outdoor activities, from sports to leisurely walks in nature.

With its prime location in Pinellas County, Grove Heights Annex is also just a stone's throw away from some of Florida's most beautiful beaches. Whether you're looking to soak up the sun or enjoy water sports, the stunning Gulf Coast is within easy reach.

Discover the charm and convenience of Grove Heights Annex—your perfect slice of paradise 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

Start Your Search