1121 10TH AVENUE S, ST PETERSBURG, FL 33705

Description of 1121 10TH AVENUE S, ST PETERSBURG, FL 33705

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 2525 37th St S (See MLS# TB8535635). This 3-bedroom, 1.5-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at a premium rate of $2,715/month (leased through 3/31/2027), providing secure, government-backed rental income. The asset has undergone extensive, high-end renovations, resulting in nearly zero deferred maintenance for the next owner. The home has passed multiple rigorous housing inspections. Upgrades include a new 2.5-ton HVAC system, roof repairs, whole-house fumigation with warranty, and a new concrete driveway and patio. The interior features a stunning full kitchen buildout with custom cabinetry, Quartz countertops, new stainless steel appliances including dishwasher and washer/dryer, recessed LED lighting, chandelier, and premium remote-controlled fans. A beautifully upgraded bathroom includes luxury fixtures, LED vanity, and custom shower with premium tile to the ceiling. Located in Flood Zone X (no flood insurance typically required) with zero HOA fees and a tenant who is responsible for all utilities and lawn care.   Package Sister Property Details (2525 37th St S): Features a 4-bed / 1-bath layout, a $3,150/month lease through 2/28/2027, custom attic conversion, and high-end finishes. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. This is a true hassle-free, stabilized addition to any portfolio.   Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.

Property Details for 1121 10TH AVENUE S, ST PETERSBURG, FL 33705

Bathrooms Full

1

Bathrooms Half

1

Interior Features

Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments

Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Flooring

Ceramic Tile, Luxury Vinyl

Heating

Electric

Cooling

Central Air

Furnished

Partially

Architectural Style

Bungalow, Florida

Parking Features

Driveway, Off Street

Pool Private

No

Property Condition

Completed

Direction Faces

South

Building Information for 1121 10TH AVENUE S, ST PETERSBURG, FL 33705

Building Area Total

1020

Building Area Units

Square Feet

Stories Total

1

Association

No

Pets Allowed

Cats OK, Dogs OK

Security Features

Smoke Detector(s)

Property Information for 1121 10TH AVENUE S, ST PETERSBURG, FL 33705

Lot Features

Landscaped, Sidewalk

Lot Size Square Feet

4,343

Waterfront

No

View

City, Garden

Construction Materials

Vinyl Siding, Wood Frame

Roof

Shingle

Exterior Features

Lighting, Private Entrance, Private Mailbox, Rain Gutters, Sidewalk

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 1121 10TH AVENUE S, ST PETERSBURG, FL 33705

Parcel Number

253116802080000030

Tax Annual Amount

$4,175

Tax Year

2025

Tax Legal Description

SERVISS SUB LOT C

Zoning

NT-1

County Or Parish

Pinellas

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