DianaDuque-Mumme
BEDS4
BATHS1 full
SQUARE FEET1,345
MLS#TB8535635
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCHURCHILL GROVE
Property Description
Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 1121 10th Ave S (See MLS #TB8535618). This 4-bedroom, 1-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at $3,150/month (leased through 2/28/2027), providing secure, government-backed rental income.The asset has undergone an extensive luxury overhaul, featuring a custom attic conversion that creates a spacious 4th bedroom. Major capital expenditures have already been completed, including a 3-ton HVAC system, roof repairs, removal of an unsafe garage structure, and a brand-new paver patio. The high-end interior boasts new marble-look tile flooring throughout, a beautifully upgraded kitchen with Calacatta granite countertops, a waterfall edge breakfast bar, decorative LED pendant lighting, separate dining room, and stainless steel appliances with french door refrigerator, dishwasher and in-unit washer/dryer. With no HOA and the tenant handling all utilities and lawn care, this is a premium, hands-off investment.Package Sister Property Details (1121 10th Ave S): Features a 3-bed / 1.5-bath layout, a $2,715/month lease through 3/31/2027, and premium updates located in Flood Zone X. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate.Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Electric
Home Style: Bungalow, Craftsman, Florida
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,909
Year Built: 1925
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Primary Bedroom Main Floor
Solid Wood Cabinets
Stone Counters
Walk-In Closet(s)
Window Treatments
Lighting
Private Entrance
Private Mailbox
Private Yard
Rain Gutters
Sidewalk
Feature Descriptions
Additional Rooms: Attic, Family Room, Formal Dining Room Separate
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Directions: Take 22nd Ave S and turn on 37th St S. 2525 37th St S is located on the right side of the street.
Exterior: Vinyl Siding, Frame
Fencing: Chain Link
Fireplace: Decorative
Flood Zone Code: AE
Flooring: Ceramic Tile
Foundation: Other, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, Other, VA Loan
Lot: Landscaped, Sidewalk, Paved
Lot Dimensions: 0.17
Other Equipment: Private Entrance, Private Yard
Ownership: Fee Simple
Parking: Ground Level, Off Street
Parking Notes: Ground Level, Off Street
Patio/Porch: Front Porch, Patio
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Fire Alarm, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Blinds, Shades, Window Treatments
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Agency Contact: 727-489-0800
Shown By
Agent Name: Diana Duque-Mumme
Agent Phone: Cell: (239) 848-5108
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,186.38 per month $834.59 Principal & Interest $242.42 Property Tax $109.38 Homeowner's InsuranceChange Payment Information
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2525 37th Street S | MLS# TB8535635
This single family home located at 2525 37th Street S, Saint Petersburg, FL 33711 is currently listed for sale with an asking price of $375,000. This property was built in 1925 and has 4 bedrooms and 1 full baths with 1345 sq. ft. 37th Street S is located in the CHURCHILL GROVE subdivision. Search CHURCHILL GROVE real estate on dduque-mumme.realty100.com today.