Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision is a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and young professionals alike.

Grove Heights Annex boasts a warm, welcoming atmosphere with tree-lined streets and beautifully maintained homes that reflect the character of the community. Residents enjoy spacious lots and friendly neighbors, fostering a sense of belonging that is hard to find elsewhere. The subdivision is strategically located, providing easy access to the bustling downtown area of St. Petersburg, where you can explore a plethora of dining, shopping, and entertainment options.

For outdoor enthusiasts, Grove Heights Annex is just a stone's throw away from some of Florida's most beautiful parks and recreational areas. Enjoy leisurely strolls, picnics, or weekend barbecues at nearby parks, or take a short drive to the stunning Gulf Coast beaches, where sun-soaked days await.

Families with children will appreciate the proximity to highly-rated schools and educational facilities, ensuring that your little ones receive a top-notch education. The community is also well-connected to major highways, making commuting a breeze.

In Grove Heights Annex, you’ll find more than just a place to live; you'll discover a community that embraces the Florida lifestyle. With its unique blend of comfort, convenience, and charm, this subdivision is truly a place to call home. Come explore the possibilities and make Grove Heights Annex your next address!

Newest Listings in Grove Heights Annex

$585,000

7 Beds ⋅ 3 Baths ⋅ Grove Heights Annex SubDv. ⋅ 33705 Zip Code

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**

721 12th Street S, St Petersburg

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