Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision is a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Grove Heights Annex boasts a picturesque landscape characterized by lush greenery and well-maintained homes. The community is known for its friendly atmosphere, where neighbors become friends and everyone feels at home. The tree-lined streets provide a serene backdrop for evening strolls, while the spacious yards offer ample room for outdoor activities and gardening.

One of the standout features of Grove Heights Annex is its prime location. Residents enjoy easy access to St. Petersburg's bustling downtown, where a plethora of dining, shopping, and entertainment options await. The nearby waterfront parks and beaches, including the stunning St. Pete Beach, provide endless opportunities for relaxation and recreation, from sunbathing to water sports.

Families will appreciate the proximity to excellent schools and community resources, ensuring that children receive a top-notch education. For those who enjoy an active lifestyle, Grove Heights Annex is close to various recreational facilities, including sports complexes and fitness centers.

With its unique blend of community spirit, convenient amenities, and a welcoming environment, Grove Heights Annex is more than just a place to live; it's a place to thrive. Explore the possibilities and discover why this charming subdivision is the perfect place to call home in sunny St. Petersburg, Florida!

Newest Listings in Grove Heights Annex

$585,000

7 Beds ⋅ 3 Baths ⋅ Grove Heights Annex SubDv. ⋅ 33705 Zip Code

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**

721 12th Street S, St Petersburg

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