Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a vibrant and inviting subdivision nestled in the heart of St. Petersburg, Florida. This charming community is a hidden gem in Pinellas County, offering an ideal blend of suburban tranquility and urban convenience.

Grove Heights Annex is characterized by its tree-lined streets, beautifully landscaped yards, and a warm sense of community. The neighborhood features a mix of single-family homes, many of which boast unique architectural styles and modern amenities. Residents here enjoy spacious living, with plenty of room for families to grow, as well as cozy nooks perfect for relaxation.

One of the standout features of Grove Heights Annex is its proximity to a wealth of recreational opportunities. The nearby parks, such as the picturesque Walter Fuller Park, provide ample space for outdoor activities, picnics, and leisurely strolls. For those who appreciate the arts, the vibrant downtown St. Petersburg is just a short drive away, offering an array of galleries, theaters, and cultural events.

Families will find excellent educational options nearby, with highly-rated schools and child-friendly programs that foster a nurturing environment for young minds. Additionally, the community's convenient access to major roadways makes commuting to work or exploring the beautiful Gulf Coast beaches a breeze.

With its welcoming atmosphere, beautiful homes, and prime location, Grove Heights Annex is more than just a neighborhood; it's a place where memories are made and community bonds are strengthened. Come discover the charm and convenience of life in Grove Heights Annex, where your dream home awaits!

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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