Located in the highly sought-after Allendale neighborhood of St. Petersburg, this exceptional four-unit multi-family property offers a rare investment opportunity just steps from The Fresh Market and The Body Electric Yoga Company. The property features a versatile mix of updated units with strong income potential, off-street parking, private outdoor spaces, and major capital improvements already completed.
Unit 1 is a renovated 2-bedroom, 1-bath single-family-style residence featuring a large fully fenced side yard, off-street parking pad, updated kitchen and bath, living and dining rooms, stainless steel appliances, quartz countertops, tile flooring, new AC, and fresh interior/exterior paint. Separately metered with shared laundry and option to add in-unit laundry.
Unit 2 is a spacious two-story townhouse-style unit offering 2 bedrooms, 2.5 baths, plus a large bonus room that could function as a third bedroom. Features include updated kitchen and baths, indoor laundry, additional garage laundry hookup, attached 2-car garage with private side street entrance, oversized driveway, storage shed, and large fenced yard. Finished with stainless steel appliances, quartz countertops, vinyl flooring, new AC, and fresh interior/exterior paint. Separately metered.
Unit 3 is a 1-bedroom efficiency/studio unit with dedicated living space, tile flooring throughout, one off-street parking space, and shared patio area. Kitchen and bath are functional with opportunity for future updates. Wall unit AC. Ideal setup for traveling nurse, short-term rental, or supplemental income opportunity. Includes access to on-site coin-operated laundry. Electric is shared with Unit 2.
Unit 4, known as the "Treehouse," is a charming 1-bedroom, 1-bath upstairs unit with private living space and stair access. Features include updated kitchen and bath, stainless steel appliances, quartz countertops, refinished hardwood flooring, tile in wet areas, two new mini-split AC systems, and two dedicated off-street parking spaces. Separately metered with access to on-site coin-operated laundry.
Additional improvements include a brand-new roof, new AC systems, new fencing, fresh interior and exterior paint throughout, brand-new sod, and irrigation system. Tenant-paid utilities help minimize owner expenses.
A turnkey opportunity in one of St. Pete's most desirable neighborhoods with excellent flexibility for long-term, short-term, or owner-occupant investment strategies.
Property Type(s):
Multi Family
Last Updated
5/9/2026
Tract
BARNARDS SUB D E
Year Built
1950
Community
33704 - St Pete/Euclid
Garage Spaces
2.0
County
Pinellas
SCHOOLS
Elementary School
John M Sexton Elementary-PN
Jr. High School
Meadowlawn Middle-PN
High School
St. Petersburg High-PN
Additional Details
AIR
Central Air
AIR CONDITIONING
Yes
APPLIANCES
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
AREA
33704 - St Pete/Euclid
CONSTRUCTION
Block, Frame, Wood Siding
EXTERIOR
Private Entrance, Private Yard
GARAGE
Yes
HEAT
Central
LOT
0.28 acre(s)
LOT DESCRIPTION
Corner Lot
LOT DIMENSIONS
100x128
PARKING
Common, Driveway, Garage Door Opener, Garage Faces Side, Off Street, On Street, Open, Attached
SEWER
Public Sewer
SUBDIVISION
BARNARDS SUB D E
TAXES
13396.21
UTILITIES
Electricity Connected, Sewer Connected, Water Connected
WATER
Public
Location
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Listing provided by Jerilyn Rush, COMPASS FLORIDA LLC, 727-380-2067
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