Grove Heights Annex Homes with Two Story Property Description

Welcome to Grove Heights Annex, an enchanting subdivision nestled in the vibrant city of St. Petersburg, Florida. Known for its lush landscapes and friendly atmosphere, Grove Heights Annex offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

The homes in Grove Heights Annex are characterized by their charming two-story designs, providing both elegance and functionality. These spacious residences feature open floor plans that maximize natural light, creating warm and inviting living spaces perfect for entertaining or relaxing after a long day. With multiple bedrooms and bathrooms, these homes accommodate families of all sizes, ensuring everyone has their own cozy retreat.

One of the standout features of Grove Heights Annex is its proximity to some of the best amenities St. Petersburg has to offer. Residents can enjoy easy access to local parks, shopping centers, and dining options that cater to every palate. Just a short drive away, the stunning Gulf Coast beaches beckon, providing endless opportunities for sun-soaked adventures and leisurely strolls along the shore.

Community spirit thrives in Grove Heights Annex, where neighbors become friends and gatherings are a regular occurrence. Whether it’s enjoying a weekend barbecue or participating in local events, you’ll find a welcoming environment that fosters connection and camaraderie.

If you’re searching for a charming community with beautiful two-story homes and a prime location in St. Petersburg, look no further than Grove Heights Annex. Your dream home awaits in this delightful neighborhood, where comfort, convenience, and community come together to create the perfect Florida lifestyle.

Newest Grove Heights Annex Homes with Two Story Property Description

$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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