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.
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.
Property Details
Price:
$375,000
MLS #:
TB8535635
Status:
Active
Beds:
4
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CHURCHILL GROVE
Neighborhood:
33711stpetegulfport
Listed Date:
Aug 4, 2026
Finished Sq Ft:
1,345
Total Sq Ft:
1,960
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Electric
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Closet
Levels
Two
Exterior
Architectural Style
Bungalow, Craftsman, Florida
Construction Materials
Vinyl Siding, Wood Frame
Direction Faces
South
Exterior Features
Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
Fencing
Chain Link
Lot Features
Landscaped, Sidewalk
Parking Features
Ground Level, Off Street
Patio And Porch Features
Front Porch, Patio
Roof
Shingle
Security Features
Fire Alarm, Smoke Detector(s)
View
City, Garden
Window Features
Blinds, Shades, Window Treatments
Financial
Tax Year
2025
Taxes
$2,909
Map
Community
- Address2525 37TH STREET S ST PETERSBURG FL
- SubdivisionCHURCHILL GROVE
- CityST PETERSBURG
- CountyPinellas
- Zip Code33711
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Single Family in ST PETERSBURG as of Aug 29, 2026
1,551
Single Family Listed
108
Avg DOM
388
Avg $ / SqFt
$780,243
Avg List Price
Property Summary
- Located in the CHURCHILL GROVE subdivision, 2525 37TH STREET S ST PETERSBURG FL is a Single Family for sale in ST PETERSBURG, FL, 33711. It is listed for $375,000 and features 4 beds, 1 baths, and has approximately 1,345 square feet of living space, and was originally constructed in 1925. The current price per square foot is $279. The average price per square foot for Single Family listings in ST PETERSBURG is $388. The average listing price for Single Family in ST PETERSBURG is $780,243. To schedule a showing of MLS#tb8535635 at 2525 37TH STREET S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KELLER WILLIAMS REALTY PORTFOLIO COLLECTION. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2525 37TH STREET S
ST PETERSBURG, FL