703 38th Ave N St. Petersburg, FL 33704
Allendale NeighborhoodEstimated payment $3,868/month
Total Views
18,460
4
Beds
3
Baths
1,728
Sq Ft
$376
Price per Sq Ft
Highlights
- Open Floorplan
- Stone Countertops
- Family Room Off Kitchen
- Living Room with Fireplace
- No HOA
- Eat-In Kitchen
About This Home
Turn-Key Income Property with Legal Apartment This extensively renovated corner-lot property offers a legal two-unit configuration consisting of a 3-bedroom / 2-bath main residence and a fully permitted 1-bedroom apartment, each designed for independent use. Separate electric meters support clear expense allocation and operational efficiency. The property has undergone comprehensive capital improvements, including two new HVAC systems, all-new electrical wiring with two new electrical panels, two new water heaters, updated kitchens and baths, new flooring, fresh interior and exterior finishes, professional landscaping, hurricane-rated impact windows in the main house, and a roof replaced approximately six years ago. Major systems have been addressed, minimizing near-term maintenance and capital expenditure exposure. The permitted apartment supports long-term rental use and income stability, while the main residence offers strong rental demand based on size, layout, and condition. Alley access enhances parking, privacy, and unit separation—features that improve tenant usability and asset performance. The property has experienced no flood damage, no storm damage, and no deferred maintenance. Priced at $649,000, the asset is positioned to support market-based rental income, flexible occupancy strategies, and long-term hold performance in the Allendale Terrace area of St. Petersburg, where permitted multi-unit properties with this level of renovation are limited.
Listing Agent
REALTY ONE GROUP SUNSHINE Brokerage Phone: 727-325-5843 License #3487604 Listed on: 05/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,451
Year Built
- Built in 1925
Lot Details
- 6,943 Sq Ft Lot
- Lot Dimensions are 69x100
- Fenced
Home Design
- Duplex
- Slab Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,728 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Ventless Fireplace
- Electric Fireplace
- Blinds
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Luxury Vinyl Tile Flooring
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Stone Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- Parking Pad
- Driveway
- On-Street Parking
- Off-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
- Allendale Terrace Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 16 / 8
- Assessor Parcel Number 06-31-17-00540-008-0160
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,451 | $393,865 | -- | -- |
| 2024 | $5,361 | $321,855 | -- | -- |
| 2023 | $5,361 | $312,481 | $196,372 | $116,109 |
| 2022 | $1,843 | $134,539 | $0 | $0 |
| 2021 | $1,853 | $130,620 | $0 | $0 |
| 2020 | $1,846 | $128,817 | $0 | $0 |
| 2019 | $1,801 | $125,921 | $0 | $0 |
| 2018 | $1,831 | $126,577 | $0 | $0 |
| 2017 | $1,804 | $123,974 | $0 | $0 |
| 2016 | $1,777 | $121,424 | $0 | $0 |
| 2015 | $1,803 | $120,580 | $0 | $0 |
| 2014 | $1,981 | $94,019 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Price Changed | $649,000 | +6.6% | $376 / Sq Ft |
| 11/07/2025 11/07/25 | Price Changed | $609,000 | -4.8% | $352 / Sq Ft |
| 10/10/2025 10/10/25 | Price Changed | $640,000 | -1.5% | $370 / Sq Ft |
| 09/13/2025 09/13/25 | Price Changed | $650,000 | -3.0% | $376 / Sq Ft |
| 06/01/2025 06/01/25 | Price Changed | $670,000 | -2.8% | $388 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $689,000 | 0.0% | $399 / Sq Ft |
| 10/01/2024 10/01/24 | Rented | $1,500 | -21.1% | -- |
| 07/20/2024 07/20/24 | For Rent | $1,900 | 0.0% | -- |
| 07/11/2024 07/11/24 | Under Contract | -- | -- | -- |
| 07/06/2024 07/06/24 | For Rent | $1,900 | -- | -- |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | Greenleaf Title | |
| Warranty Deed | $139,000 | Achieve Title Services Llc | |
| Trustee Deed | $67,400 | None Available | |
| Warranty Deed | $38,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $136,482 | FHA | |
| Previous Owner | $25,000 | New Conventional |
Source: Public Records
About the Listing Agent
As a lifelong resident of the Tampa Bay area, my connection to this vibrant community runs deep. Growing up in the heart of it all, I’ve developed an in-depth understanding of the local real estate landscape—and a true appreciation for what makes each neighborhood so special.
Proudly rooted in the Sunshine City of St. Petersburg, I don’t just work here—I live, explore, and celebrate everything this incredible city has to offer. From its sun-drenched streets and waterfront parks to its
Jeanne's Other Listings
Source: Stellar MLS
MLS Number: TB8388648
APN: 06-31-17-00540-008-0160
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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