1668 28TH AVENUE N, ST PETERSBURG, FL 33713

What's special

One empty house and the other rented for $1800! Excellent multi-family opportunity! This property features two detached structures situated on a single lot. The front house offers two bedrooms, one bathroom, and a dedicated office, while the second structure is a versatile two-story, one-bedroom house with a garage downstairs. Both residences have been thoughtfully renovated with new electrical systems, new HVAC systems, and updates that meet all 4-point inspection standards. Located in a non-flood zone and unaffected by recent hurricanes or flooding, this property ensures peace of mind for both investors and tenants. Currently leased with strong rental history, there’s still room to increase rents and maximize cash flow. The real value lies in the zoning—designated Multi-Family (10 units or less) —which provides tremendous potential for future development or expansion. Whether you’re seeking a turn-key income property or a long-term investment with development upside, this is an opportunity you won’t want to miss!

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