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3700 59th Street N, St Petersburg
$575,000
5 Beds ⋅ 2 Baths ⋅ Sheryl Manor Schanzenbach Add 2nd Pt Rep SubDv.
An outstanding opportunity for both owner-occupants and investors in the desirable Sheryl Manor neighborhood of St. Petersburg. This well-maintained duplex offers an ideal house-hacking setup, allowing you to live in one unit while generating rental income from the other, or add a versatile income-producing property to your portfolio. Unit 3700 is a beautifully renovated 2-bedroom, 1-bath residence that is truly move-in ready. The extensive renovation features a stylish remodeled kitchen and bathroom, stainless steel appliances, new flooring, and updated finishes throughout. The result is a bright, modern interior that requires little to no immediate work. The adjoining 3-bedroom, 1-bath unit is currently tenant occupied with a lease through March 2027, providing immediate rental income to the new owner. The unit is functional and income-producing today, while also offering future potential for cosmetic updates and personalization to further enhance its appeal and rental value. Both residences function independently and feature separate electric and water meters, indoor laundry rooms with additional storage, covered front porches, open rear patios, and fully fenced private backyards. The property sits on a spacious corner lot, providing excellent separation and privacy between the two residences. Additional improvements include a 2019 roof, 2022 AC system serving the occupied unit, replaced HVAC ductwork, and new attic insulation installed in 2020. Located in central St. Petersburg, Sheryl Manor offers convenient access to Tyrone Square, shopping, restaurants, hospitals, parks, and everyday amenities. The Gulf beaches are just minutes away, with Downtown St. Petersburg and The Pier approximately 12 minutes from the property. Whether you’re looking to offset your housing costs through rental income, purchase your first investment property, or expand an existing portfolio, this duplex offers the combination of immediate income, flexible living options, and long-term upside that makes it a compelling St. Petersburg investment.

3700 59th Street N, St Petersburg