4502 9th Avenue S, St Petersburg, FL 33711

$399,000
4
BD
2
BA
1,448
SqFt

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List Price
$399,000
Status
Active
Days on Market
0
MLS#
TB8544687
Property Style
Single Family
Architectural Style
Bungalow
Year Built
1925
Bedrooms
4
Bathrooms
2
Living Area
1,448
Price per sq. ft.
275.55
Lot Size
5,040
Acres
0.11
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Vinsetta Park Annex
MLS Area Major
St Pete/Gulfport

Property Description

Charming 1925 Bungalow with Detached Apartment: Live In One, Rent the Other, or Invest in Both. Classic character meets smart income potential. This 3-bedroom, 1-bath 1925 bungalow comes with a detached 1-bedroom apartment in the back, giving you the flexibility to live in one and rent the other, house-hack your way to a lower monthly payment, or build a two-unit rental portfolio in a single purchase. The main house has the warmth and craftsmanship that only a 1920s bungalow can offer, with major updates already done for you. Within the past two years, it received a new roof, a new A/C system, a new hot water heater, and several new windows, so you can skip the big-ticket surprises and get right to enjoying it.The detached 1-bedroom unit is equally well prepared, with all-new windows and brand new central heat and air. It's private, efficient, and already has a tenant in place giving you immediate income. Each unit has its own dedicated parking, a rare and valuable perk for a two-unit property. Tenants and owners alike will appreciate the convenience and separation. This property is positioned to meet the coveted 1% rule for investors through the Section 8 program. For Fiscal Year 2026, HUD fair market rents are $2,900 for the front house and $1,950 for the 1-bedroom back unit, with both figures scheduled to increase in Fiscal Year 2027. That's strong, reliable income potential with updated systems that help keep maintenance costs in check.Whether you're an owner-occupant looking for rental income to offset your mortgage, or an investor seeking cash flow with low-maintenance upgrades, this property delivers options that are hard to find. Schedule your private showing today.

Additional Information

Taxes
$5458
Minimum Lease Period
No Minimum
Location
City Limits
Community Features
No Deed Restriction
Property Description
Split Level
Zoning
0810
Interior Features
Thermostat
Floor
Ceramic Tile, Tile
Appliances
Electric Water Heater, Range, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Driveway
Elementary School
Bear Creek Elementary-Pn
Middle School
Azalea Middle-Pn
High School
Boca Ciega High-PN
Pets
Allowed
Flood Zone Code
X
Parcel ID
27-31-16-94266-000-0330
Legal Description
VINSETTA PARK ANNEX LOT 33

Listing courtesy of KELLER WILLIAMS ST PETE REALTY. murraycoleman@kw.com

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