2525 37TH STREET S, ST PETERSBURG, FL 33711

Description of 2525 37TH STREET S, ST PETERSBURG, FL 33711

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 Details for 2525 37TH STREET S, ST PETERSBURG, FL 33711

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments

Appliances

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

Flooring

Ceramic Tile

Heating

Electric

Cooling

Central Air

Furnished

Negotiable

Architectural Style

Bungalow, Craftsman, Florida

Parking Features

Ground Level, Off Street

Pool Private

No

Property Condition

Completed

Direction Faces

South

Building Information for 2525 37TH STREET S, ST PETERSBURG, FL 33711

Building Area Total

1960

Building Area Units

Square Feet

Stories Total

2

Association

No

Pets Allowed

Cats OK, Dogs OK

Security Features

Fire Alarm, Smoke Detector(s)

Property Information for 2525 37TH STREET S, ST PETERSBURG, FL 33711

Lot Features

Landscaped, Sidewalk

Lot Size Square Feet

7,501

Waterfront

No

View

City, Garden

Construction Materials

Vinyl Siding, Wood Frame

Roof

Shingle

Exterior Features

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

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 2525 37TH STREET S, ST PETERSBURG, FL 33711

Parcel Number

343116154620000210

Tax Annual Amount

$2,909

Tax Year

2025

Tax Legal Description

CHURCHILL GROVE LOT 21

County Or Parish

Pinellas

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