2001 2ND STREET S
St Petersburg, FL 33705
$899,000
Exceptional income-producing opportunity in Old Southeast! Discover this versatile five-unit multifamily property with projected annual gross rental income of $102,000. Ideally located in one of St. Petersburg's most charming residential neighborhoods, right next to beautiful Lassing Park and the sparkling waters of Tampa Bay!
Enjoy the best of both worlds: a quiet, peaceful neighborhood with mature trees and a tranquil atmosphere, yet just a short bike ride from the heart of downtown St. Petersburg. Enjoy convenient access to waterfront parks, award-winning restaurants, museums, shopping, nightlife, and the iconic St. Pete Pier.
The property features five rental units across two separate buildings, offering a desirable mix of two 2-bedroom/1-bathroom units, one 1-bedroom/1-bathroom unit, and two studios. A charming garden courtyard separates the buildings, creating an inviting outdoor setting, while select units feature private patios. Shared laundry facilities provide additional convenience.
Flexibility is the key! Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or explore a combination of long-term and short-term rental strategies, this property offers multiple possibilities. Four units are currently operated as traditional rentals, while the fifth has an established Airbnb rental history.
With impressive income potential, five income-producing units, and an outstanding location beside Lassing Park and just minutes from vibrant downtown St. Petersburg, this is a compelling opportunity for investors and owner-occupants alike. An exceptional combination of location, income potential, and flexibility!
Listing Courtesy of: KELLER WILLIAMS ST PETE REALTY
murraycoleman@kw.com
| Listing Id: | TB8560751 |
|---|---|
| List Price: | $899,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 5 |
| Living Area: | 2,768 |
| Tax Annual Amount: | $11,155 |
| Lot Size Square Feet: | 8,525 |
| Lot Size Acres: | 0.2 |
| Waterfront?: | No |
| City: | St Petersburg |
| County Or Parish: | Pinellas |
| Subdivision Name: | Rouslynn |
| Postal Code: | 33705 |
| Year Built: | 1950 |
| Additional Parcels?: | No |
| Bathrooms Total Integer: | 5 |
| Building Area Source: | Owner |
| Building Area Total: | 2768 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Concrete, Frame |
| Cooling: | Central Air |
| Directions: | From downtown St. Petersburg, head south on 4th Street S. Turn left onto 20th Avenue S and continue east to 2nd Street S. Property is located at the corner of 20th Avenue S and 2nd Street S. |
| Exterior Features: | None |
| Garage?: | No |
| Gross Income: | $102,326 |
| Heating: | Electric |
| Interior Features: | Thermostat |
| Laundry Features: | Inside |
| Listing Contract Date: | 2026-10-21 |
| Ownership: | Fee Simple |
| Living Area Source: | Owner |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.2 |
| Postal Code Plus4: | 2852 |
| MLS Area Major: | 33705 - St Pete |
| MLS Area Major: | 33705 - St Pete |
| Original List Price: | $899,000 |
| Other Equipment: | None |
| Parcel Number: | 30-31-17-77184-009-0090 |
| Township: | 31 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | BB/HS Internet Available, Cable Connected, Electricity Connected, Public |
| Water Source: | Public |
| Public Survey Range: | 17 |
| Public Survey Section: | 30 |
| Alternate Key Folio Num: | 31-17-30-77184-009-0090 |
| Annual Net Income: | 71628.00 |
| Building Area Total Srch Sq M: | 257.16 |
| Calculated List Price By Calcula: | 324.78 |
| Cddyn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0282H |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 257.16 |
| Lot Size Square Meters: | 792 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 4 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | murraycoleman@kw.com |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: October 29, 2026 02:54 AM - ET
