4003 3RD AVE N St Petersburg, FL 33713

Sitting on a 50 x 127 lot, this property has endless opportunities. Located within 15 minutes or less to Downtown St. Pete, Treasure Island, and Gulfport it is no wonder Central Oak Park is one of the hottest trending neighborhoods in town. Currently this lot has not one, but TWO single family homes. The larger of the two homes is a one-bedroom home with an updated bath and indoor laundry. The second home is also a one bedroom with a full kitchen and bathroom. Imagine living in one home and using the other to help offset your mortgage. If you would prefer to use this property as an investment, the current owner is getting a 7% cap rate on the combined two units. With a bit of rehab the homes could possibly yield a higher rental return. Once you drive by this lot you will see the front half is currently just extra green space with both homes on the back end of the property. The property is in the NT-2 zone which allows for the lot to have up to two units (one main and one accessory dwelling). If you wanted a larger main home, you could scrap one of the current units and build a new larger front main home. Choose which option works best for you and schedule a showing today! NO FLOOD INSURANCE REQUIRED (Main home is approximately 748 sqft and the smaller 2nd home is approximately 446 sqft. Separate Electric meters.)