Income producing Property Located in the highly desirable Old Northeast, this imposing historic property offers a rare opportunity to own a residence that exudes timeless elegance while providing substantial income potential. The main residence, a stately single-family home, features three spacious bedrooms, a bright Florida room, and two full baths, all enriched with period details. The impressive wraparound front porch, adorned with grand Craftsman columns, sets a distinguished tone upon arrival, capturing the essence of the home’s legacy. Upon entering, you will be transported to an era of refined craftsmanship. Gleaming heart pine hardwood floors extend throughout the home, while the dining room is crowned with beamed ceilings and accented by custom shelving that speaks to the home’s storied past. A sweeping open staircase gracefully connects the living spaces, and large windows flood each room with natural light, creating a bright and airy atmosphere. The kitchen combines historic charm with modern conveniences, featuring granite countertops, tall cabinets, a gas cooktop, a built-in oven with a warming drawer, recessed lighting, and a pantry—a space that is both functional and stylish. The appeal of this property extends beyond the main residence, offering significant income-generating potential. The two additional units include a charming one-bedroom, one-bathroom apartment on the first floor, with a newly constructed Florida room with impact windows and a private entrance, and a spacious second-floor studio with a sunny porch. These units offer exceptional opportunities to generate rental income, serve as guest accommodations, or even function as a private home office. Additionally, the property includes a two-car garage that could easily be converted into another accessory dwelling unit (ADU), further increasing the income potential. Both units benefit from ample off-street parking and garage space, ensuring convenience for residents and guests alike. Situated on a desirable corner lot, the property features a serene private yard surrounded by mature trees, creating a peaceful retreat in the heart of the city. The location is unmatched – just a leisurely stroll to the picturesque waterfront or a short bike ride to downtown St. Petersburg, home to high-end restaurants, vibrant shopping, world-class museums, and the iconic St. Pete Pier. With the North Shore Aquatic Center nearby and easy access to I-275, Tampa International Airport is just a 25-minute drive away, and the pristine beaches of Florida’s west coast are equally close. This magnificent home perfectly blends historic grandeur with modern amenities and income-producing versatility, making it a true gem in one of St. Petersburg’s most desirable neighborhoods.

Listing courtesy of LUXURY & BEACH REALTY INC 3013663208



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Data last updated at: 2024-10-29 08:00 PM EDT