Florida
St Petersburg
5150 2ND AVENUE S

$549,500

5150 2ND AVENUE S, St Petersburg, FL 33707

4 beds |
2 baths |
2,046 sqft

Single-Family Home
Built in 1949
5,663sqft lot
2 car garage
$269/sqft
Listed 1 day ago

Property Description

Live Smart in Central St. Pete – Updated Bungalow + Income-Producing Above-Garage Apartment (each with their own electricity and water meters)! Rare opportunity to own a fully updated duplex-style property in one of St. Pete’s desirable neighborhoods—just minutes from the beaches, downtown, and shopping! Both buildings are solid concrete block construction! The front home is a spacious 2 bed, 1 bath bungalow with 1,330 sq ft, featuring interior washer/dryer room, luxury vinyl plank flooring, butcher block countertops, wood cabinetry, an updated bathroom, and fresh interior/exterior paint. Major systems are in great shape with a 2016 roof and 2019 AC—this home is truly turnkey and features hurricane impact windows throughout! Behind the main house and through the separating wood fence you'll find a beautifully remodeled 2 bed, 1 bath garage apartment (above a spacious 2-car garage with new garage doors) featuring 716 square feet of air-conditioned living space —ideal for rental income, guests, or extended family. It includes new interior/exterior paint, luxury vinyl plank flooring, a 2022 roof, and updated kitchen and bath. This unit also has its own washer/dryer. Here’s the game-changer: the rear unit currently rents for $1,900/month, generating income that can cover property taxes, insurance, and significantly offset your mortgage. Enjoy the benefits of homeownership while substantially reducing your cost of living—an excellent option for first-time buyers, house hackers, or anyone who wants to reduce their cost of living. Whether you’re looking to live in one unit and rent the other, or lease both for strong cash flow, this property checks all the boxes.

Listing Status:: Active
Date Added:: July 5, 2025 at 05:00AM
Listing Office:: ATLAS REALTY GROUP : 813-428-7480
Listing Agent:: Christopher Featherston : 727-252-9374
MLS ID:: TB8398156

General: Ceiling Fan(s)Open FloorplanSolid Wood CabinetsThermostat
Rooms: Florida Room
Appliances: DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigerator
Laundry: Electric Dryer HookupInsideLaundry Room
Flooring: Luxury Vinyl
A/C: Central Air
Heating: Central

This listing courtesy of Christopher Featherston, ATLAS REALTY GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Disston Academy

5125 11th Ave S, Gulfport, FL, 33707

Grades 5-12

0.59 miles away

Disston Academy

5125 11th Ave S, Gulfport, FL, 33707

Grades 5-12

0.59 miles away

Disston Academy

5125 11th Ave S, Gulfport, FL, 33707

Grades 5-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.