About 2983 62nd Avenue N
Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious 2-bedroom, 2-bathroom units with porcelain tile and luxury vinyl flooring throughout. A new A/C unit was recently installed in Unit 2985. Both units offer inside utility rooms with laundry facilities and private yard spaces, providing added comfort and convenience for tenants. One unit is currently occupied by a reliable long-term tenant, providing immediate rental income, while the second unit is vacant and ready for an owner-occupant or investor seeking market-rate rents. Current rental income is below market, with strong upside potential. Estimated market rents are approximately $2,150 per month per unit beginning August 1, 2026. Tenants are responsible for electricity and water, and separately metered utilities help keep operating expenses low and management simple. Built in 1984, the property features durable concrete block construction and ample on-site parking. Ideally situated between I-275 and US-19, this property offers convenient access to St. Petersburg, Tampa, and Clearwater. Located in a non-flood zone, no flood insurance is currently required, providing additional long-term value and peace of mind. Enjoy a central location just minutes from Sawgrass Lake Park, Crescent Lake Park, and vibrant downtown St. Petersburg, featuring the St. Pete Pier, waterfront dining, museums, entertainment, and shopping. The Gulf beaches, St. Pete-Clearwater International Airport, and Tampa International Airport are all within easy reach. This is a rare opportunity to own a versatile income-producing property in a high-demand rental market with excellent long-term growth potential. PLEASE DO NOT DISTURB TENANTS. Unit 2983 is tenant occupied and may not be shown. Showings are limited to the vacant Unit 2985 by appointment only.
Features of 2983 62nd Avenue N
| MLS® # | TB8500974 |
|---|---|
| Price | $445,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 1,750 |
| Acres | 0.11 |
| Year Built | 1984 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | SUNCOAST HOME REALTY |
|---|
Listing Map
Neighborhood Information for 2983 62nd Avenue N
Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
St Petersburg Christian School Private - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Lealman Innovation Academy Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
Lealman Avenue Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
John M. Sexton Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
Lynch Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Meadowlawn Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Northeast Community Public - to |
1 Miles |
School data provided by GreatSchools