2525 37TH St S, St Petersburg, FL 33711

About this home

Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 1121 10th Ave S (See MLS #TB8535618). This 4-bedroom, 1-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at $3,150/month (leased through 2/28/2027), providing secure, government-backed rental income. The asset has undergone an extensive luxury overhaul, featuring a custom attic conversion that creates a spacious 4th bedroom. Major capital expenditures have already been completed, including a 3-ton HVAC system, roof repairs, removal of an unsafe garage structure, and a brand-new paver patio. The high-end interior boasts new marble-look tile flooring throughout, a beautifully upgraded kitchen with Calacatta granite countertops, a waterfall edge breakfast bar, decorative LED pendant lighting, separate dining room, and stainless steel appliances with french door refrigerator, dishwasher and in-unit washer/dryer. With no HOA and the tenant handling all utilities and lawn care, this is a premium, hands-off investment. Package Sister Property Details (1121 10th Ave S): Features a 3-bed / 1.5-bath layout, a $2,715/month lease through 3/31/2027, and premium updates located in Flood Zone X. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. *This listing offers a one-point-lender-paid rate buydown for qualifying buyers. Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.

Key facts

Type

Single Family Residence

Size

1,345 sqft

Bedrooms

4

Bathrooms

1

Avg. price per sqft

$279

Days on market

16

Year built

1925

Lot size

0.17 acres

Annual taxes

$2,909

Flood zone

AE

Heating

Electric

Cooling

Central Air

Pets

Cats OK, Dogs OK

Furnished

Negotiable

Subdivision

CHURCHILL GROVE

Financing

Cash, Conventional, FHA, Other, VA Loan

Stories

2

Levels

Two

County

Pinellas

MLS number

TB8535635

Status

Active

Property address

2525 37TH St S, St Petersburg, FL 33711

Features and extras

• Dishwasher
• Disposal
• Dryer
• Electric Water Heater
• Microwave
• Range
• Refrigerator
• Washer
• Ceiling Fan(s)
• Eating Space In Kitchen
• Primary Bedroom Main Floor
• Solid Wood Cabinets
• Stone Counters
• Walk-In Closet(s)
• Window Treatments
• Lighting
• Private Entrance
• Private Mailbox
• Private Yard
• Rain Gutters
• Sidewalk
• Ground Level
• Off Street
• Inside
• Laundry Closet
• Ceramic Tile

Property details

Schools

District

Pinellas County School District

Elementary

DOUGLAS L. JAMERSON JR. ELEMENTARY

Middle

JOHN HOPKINS MIDDLE SCHOOL

High

GIBBS HIGH SCHOOL

School grades from FLDOE public records. District polygons and school points from NCES EDGE. Assignment is not a legal attendance guarantee. Composite scores, when present, are derived from public records and are not official FLDOE grades.

Where is this home?

Listed by

Andrew Vieira · KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Common questions