Sarasota's Premier Homes

6340 27TH STREET N

ST PETERSBURG , FL 33702

MLS#: TB8403226

$485,000

Status: Active
Listing number: TB8403226
Listing provided by: RE/MAX METRO
Listing agent phone: None
Last update: 11 days ago
On site: 15 days ago
Browse Properties
SAWGRASS ACRES SUB - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

1,902

Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Driveway, Parking Pad

  • Patio and Porch Features

    Covered, Rear Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Landscaped, Level, Paved

  • Lot Size(acres)

    0.17

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $485,000

  • Tax Amount

    6287.92

  • Sq. Footage

    1, 902

  • Price/SqFt

    $254

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Clay Glover, Jr , RE/MAX METRO

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!

6340 27TH STREET N

Message successfully sent.

What would you like to know?

Related Properties

New on site 3 days ago
Investor Special! Triplex in OPPORTUNITY ZONE with Major Upside Potential in Booming South St. Pete! The front duplex is comprised of 2 bedroom, 1 bathroom units and the back building is a 3 bedroom, 1 bathroom unit. Unlock the potential of this value-add triplex located at 1145 16th Ave S in one of St. Petersburg’s rapidly evolving neighborhoods. Whether you’re looking to renovate and hold or reposition for strong rental income, this property offers a prime opportunity for savvy investors. Ideal for long-term rental or house-hacking. With separate entrances, ample parking, and solid bones, the structure is ready for your renovation vision. This property is perfectly positioned to benefit from ongoing area revitalization and strong rental demand. With the right updates, this triplex has the potential to generate excellent cash flow and significant equity upside. Don’t miss your chance to invest in a multi-family property with built-in value in one of Florida’s hottest markets.
#TB8410027

ST PETERSBURG

1145 16TH AVENUE S

7 Beds

None Baths

2,284 Sq.Ft.

$450,000

MLS#: TB8410027

Excellent opportunity to own this income-producing triplex just one mile from vibrant downtown St. Petersburg. This unique property includes a duplex with two spacious units side by side plus a separate garage apartment situated above a 2-car garage, offering three total rental units on one lot. Each unit features a private entrance, comfortable layouts, and abundant natural light, making them highly desirable for tenants. The detached garage apartment provides additional privacy and flexibility for short-term or long-term rental income, while the 2-car garage adds extra value for storage or parking. Located in a high-demand rental area with consistent cash flow and excellent potential for future rent increases, this property is perfect for investors or buyers looking to live in one unit while renting the others. Zoned for multifamily use and separately metered for electric, this property is ready to generate revenue from day one. Don’t miss your chance to own a solid investment in one of St. Pete’s fastest-growing neighborhoods! Contact me today for financial details or to schedule a private tour.
#L4954222

ST PETERSBURG

2505 7TH STREET S

4 Beds

None Baths

2,232 Sq.Ft.

$400,000

MLS#: L4954222

Prime St. Petersburg Investment Opportunity | Triplex with Mixed-Use Zoning and Commercial Potential Rarely available and ideally located, this income-producing triplex—comprised of 1919, 1922, and 1923 Dr. Martin Luther King Jr. Street South—offers a compelling opportunity in one of St. Petersburg’s most active growth corridors. Situated on a highly visible, high-traffic roadway just minutes from downtown St. Pete, this property is zoned for mixed use, allowing for future commercial, residential, or live/work development options. Currently configured as a three-unit residential property, the site provides strong rental income potential while offering long-term value as the area continues to evolve. The location is in close proximity to public transportation, including bus and trolley lines, and offers quick access to major highways, connecting easily to Tampa, the beaches, and beyond. Whether you’re an investor seeking solid cash flow, a developer exploring retail or office conversion, or a buyer looking to capitalize on the live/work trend, this property checks every box. It is located near college campuses, employment hubs, and established neighborhoods, further enhancing both tenant demand and commercial viability. Properties with this level of location, zoning flexibility, and visibility rarely come to market—don’t miss this chance to secure a key piece of real estate in one of the fastest-growing areas in Pinellas County.
#TB8398976

ST PETERSBURG

1919 DR MARTIN LUTHER KING JR STREET S J

None Beds

None Baths

1,956 Sq.Ft.

$450,000

MLS#: TB8398976

Welcome to 723 7th Ave N—your investment opportunity in the heart of Historic Uptown St. Petersburg! This charming and income-producing duplex offers two separate 1-bedroom, 1-bathroom units, giving you flexible options: live in one and rent the other, or rent out both and watch your investment grow. The upstairs unit already has a tenant in place, offering immediate rental income. Whether you're a savvy investor or looking to offset your mortgage, this property checks all the boxes. The downstairs unit has a flex room to be an at home office or guest area. Both units shared a laundry room. Perfectly positioned in one of St. Pete’s most walkable and vibrant neighborhoods, you’re just minutes to: St. Anthony’s Hospital (a quick stroll) The Hollander Hotel & Tap Room Restaurant (under 10-minute walk) Historic Coliseum Ballroom Downtown St. Pete's iconic spots like The James Museum, Vinoy Park, St. Pete Pier, and the Marina — all within a 10-minute drive The upcoming SunRunner line will be just blocks away, offering rapid access to the Edge District, Tropicana Field, Historic Kenwood, and even St. Pete Beach—without needing a car! Whether you're looking for a personal residence with supplemental income or a strategic addition to your portfolio, this property delivers the best of St. Pete living with unmatched convenience and earning potential. Don’t miss your chance to own in one of the city’s most desirable and historic neighborhoods!
#A4655979

ST PETERSBURG

723 7TH AVENUE N

None Beds

None Baths

1,644 Sq.Ft.

$575,000

MLS#: A4655979

Discover this charming triplex in Saint Petersburg, FL, featuring classic architectural details and modern updates. The spacious interior has natural light and a welcoming atmosphere. Conveniently located near local amenities, parks, and cultural attractions, this property is a wonderful opportunity to enjoy the vibrant community of Saint Petersburg.
#O6315466

ST PETERSBURG

1040 9TH AVENUE N

None Beds

None Baths

1,374 Sq.Ft.

$575,000

MLS#: O6315466

This is a Duplex. 560 & 562 73rd (attached). More Financial data in attachments. Data/info deemed reliable but guaranteed. Buyer to verify. Minimum 24 hour notice to show! Photos are from when work was done on both units. New floors through out 560, both units painted and various appliances in both units replaced. Both units also have their own Washer and Dryer. Link yo video of the new Flooring in the "Web Link" section. Please do NOT disturb Tenants Listing Agent owns Mgmt Company that handles unit for Landlord.
#TB8388821

ST PETERSBURG

560 73RD AVENUE N

4 Beds

None Baths

1,352 Sq.Ft.

$424,000

MLS#: TB8388821

DUAL INCOME OPPORTUNITY IN SUNNY ST. PETERSBURG This multi-family property offers the perfect blend of comfortable living and investment potential on an oversized corner lot. The main residence boasts 4 bedrooms, 2 bathrooms, and a versatile study/den, providing ample space for family living or hosting guests. Step into the main unit and discover a welcoming large foyer leading to a comfortable 14.9 x 11 living room. The spacious kitchen features elegant stone countertops, updated cabinetry, and modern appliances—perfect for the home chef. Both bathrooms have been tastefully updated to reflect contemporary design while maintaining practical functionality. The separate second unit is a charming 1 bedroom, 1 bathroom apartment with its own updated bathroom and renovated kitchen. This turnkey rental offers immediate income potential while you enjoy your main residence. Outdoor enthusiasts will appreciate the fenced yard providing privacy. There's even dedicated space for parking your recreational vehicle and boat—a rare find in urban properties! This dual-purpose property presents a unique opportunity to offset your mortgage with rental income while enjoying the benefits of homeownership. Live in one unit while renting the other, or utilize both spaces for extended family living. Located in a desirable St. Petersburg neighborhood, you'll enjoy proximity to shopping, dining, parks, and the beautiful Gulf beaches that make Florida living so special. This versatile property offers the perfect combination of lifestyle and investment potential.
#TB8387106

ST PETERSBURG

2911 16TH AVENUE S A

None Beds

None Baths

2,096 Sq.Ft.

$575,000

MLS#: TB8387106

Here’s your chance to own property in Historic Uptown with multiple units. This property can be used as an investment duplex with 1 bedroom 1 bathroom apartment upstairs plus a similarly sized studio on the ground floor, or use the whole space as a 2 bedroom 2 bathroom home. A brand new roof was installed early 2025 and also brand new tile floors in the downstairs unit. A sleeping porch in the upper unit is a great reading spot or can be used as an office. The zoning allows the addition of a new home in the front while keeping the current property rented; an ideal scenario to build your dream home. This property also includes a 2 car garage in the back with alleyway entrance and a very long driveway in the front to fit however many cars one needs. This income producing property has so much value just in the land! Rent both units while building a brand new home in one of the best neighborhoods of St Pete where land is super limited. Walk, bike, or drive to downtown. Popular Crescent Lake Park is right around the corner and has tennis and pickle ball courts. Non-evacuation zone, no flood insurance required, no HOA, alley access.
#TB8382520

ST PETERSBURG

943 7TH STREET N

1 Beds

None Baths

800 Sq.Ft.

$439,900

MLS#: TB8382520

This rare investment opportunity offers solid construction, prime location, and strong upside in the heart of St. Petersburg. Centrally located just minutes from downtown, waterfront parks, shopping, and award-winning Gulf beaches, 521 88th Ave N blends durability and location with serious investment potential. Built in 1973 with concrete block construction, this income-producing duplex features two separate 2-bedroom, 1-bathroom units, each offering central heat and air, private storage rooms with washer/dryer hookups, and individual electric and water meters, allowing tenants to pay their utilities. The back unit enjoys private alley access with its own dedicated parking space, offering additional convenience and flexibility. Several important upgrades are already in place, including a newer roof installed in 2017 and brand-new windows that have been fully paid for and are scheduled to be installed by mid-July 2025. Located on a quiet residential street yet close to downtown St. Pete’s vibrant restaurant scene, shopping, arts, waterfront parks, and both St. Pete–Clearwater and Tampa International Airports, it offers unbeatable accessibility for future tenants and owners alike. Importantly, the property experienced its first storm-related impact during hurricanes of 2024, but had no previous history of flooding, highlighting its location within a historically stable and high-demand part of the city. Whether you’re looking to expand your investment portfolio, live in one unit while renting the other, or capitalize on Tampa Bay’s ongoing growth, 521 88th Ave N is a rare opportunity that combines strong rental potential, flexible use, and an exceptional location. Easy to show — schedule your private tour today!
#TB8379363

ST PETERSBURG

521 88TH AVENUE N

None Beds

None Baths

1,352 Sq.Ft.

$399,000

MLS#: TB8379363

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here