1751 29th Avenue N, St Petersburg, FL 33713

Property Description

TWO HOUSES FOR THE PRICE OF ONE! Why choose between a home and an investment when you can have both? Welcome to 1751 29th Ave N, a unique two-residence property featuring two separate detached single-family homes on one parcel. TWO HOMES, TWO PRIVATE LIVING SPACES, AND MULTIPLE WAYS TO MAKE THIS PROPERTY WORK FOR YOU! An exceptional find for an owner-occupant, house hacker, investor, potential 1031 buyer, or anyone seeking multigenerational living, multi-family living, an in-law suite, guest house, or ADU-style flexibility. The renovated front home offers 4 bedrooms, 2 full bathrooms, and approximately 1,056 sq ft with luxury vinyl flooring, central A/C, indoor laundry, its own fenced yard, and dedicated driveway. Currently vacant and ready for its next owner, it has previously rented for approximately $3,100 / month. Tucked privately behind it is a separate 3 bedroom, 1 bathroom, approximately 728 sq ft block home with central A/C, indoor laundry, its own private garden/yard space, and dedicated driveway. The rear roof was updated in 2018, and the home is currently rented for approximately $2,300 / month. HERE'S WHERE THE OPPORTUNITY REALLY STANDS OUT: 7 bedrooms, 3 full bathrooms, and approximately $64,800 in potential annual gross rental income based on the front home's previous rental rate and the rear home's current rent. Live in the front and let the rear help offset your mortgage, keep family close while maintaining completely separate living spaces, or ultimately rent both homes as part of your investment strategy. For buyers seeking both a personal residence and income potential, this property offers a compelling combination of privacy, flexibility, and functionality. Both residences have been renovated and thoughtfully maintained, with an irrigation system throughout the property. Two kitchens. Two central A/C systems. Two separate electric meters. Two private outdoor spaces. Two driveways. Two detached single-family homes. One incredibly versatile St. Pete property. Whether you're searching for a house hack, income property, cash flow, income-producing property, potential 1031 investment, ADU alternative, in-law suite, multigenerational home, multi-family home, guest house, or two homes on one lot, this is truly a rare St. Pete find. The separate residences provide a level of independence and versatility that's difficult to find in a traditional single-family property. Conveniently located in North St. Petersburg with easy access to Downtown St. Pete, dining, shopping, entertainment, Gulf beaches, and the greater Tampa Bay area. Non-evacuation zone. TWO DETACHED HOMES. DON'T MISS THIS OPPORTUNITY! Live in one. Rent the other. Bring the family. Build your portfolio. Schedule your private showing today! Certain photos may include virtual staging or digital enhancements for illustrative purposes only.