4425 18th Ave S, Saint Petersburg, FL 33711
- Asking Price: $185,000
- Monthly Rent Potential: up to $4,100
- Front 2/2 (1,026 sqft) – ~$2,400/mo
- Rear 2/1 (700 sqft) – ~$1,700/mo
- Total Square Footage: 1,726 sqft
- Flood Zone: X
- Zoning: NTM-1 (allows up to 4 units)
Property Condition:
This is a heavy renovation or redevelopment opportunity.
- Rear structure is leaning
- Roofs are tarped and have leaked into ceilings
- Mechanical systems are very old
- Kitchens, baths, and drain lines likely need replacement
Highlights & Upside:
- Front 2/2 rent potential ~$2,400/month
- Rear 2/1 rent potential ~$1,700/month
- Two water meters already installed
- Two power meters already installed
- Alley access with 3 garage bays
- NTM-1 zoning allows up to 4 units, offering redevelopment upside
This property is ideal for an investor or developer seeking value-add through renovation or redevelopment in a growing St. Petersburg area.
Book an Expert
New investor? Start with Jorge.
Jorge Vazquez – CEO & Investment Strategist at Graystone. Let’s make your portfolio stronger, steadier, and more profitable.
Deals? Book with Cody.
Meet Cody Bergstrom, Your Expert in Finding Deals Let’s find an off-market deal that actually works for you.
Need financing? Book with Lisa.
Meet Lisa Kaye Price, the LendingGig Top ML Let’s figure out the smartest way to fund your next deal.
Looking for PM? Book with Jay
Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.
