Grove Heights Annex Homes with No Deed Restriction Community Extras

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida, within the heart of Pinellas County. This charming subdivision offers a unique blend of residential comfort and community spirit, making it an ideal choice for families, retirees, and everyone in between.

Grove Heights Annex stands out for its homes with no deed restrictions, allowing residents the freedom to personalize their properties to reflect their unique styles and preferences. This flexibility fosters a sense of individuality and creativity within the community, where each home tells its own story. Whether you envision a lush garden oasis, a cozy outdoor retreat, or a vibrant space for entertaining, the possibilities are endless here.

As you stroll through the neighborhood, you’ll be captivated by the tree-lined streets and friendly atmosphere. The community is conveniently located near local parks, shops, and dining options, ensuring that everything you need is just a stone's throw away. With the stunning Gulf Coast beaches nearby, residents can easily enjoy sun-soaked days by the water or indulge in the vibrant cultural scene that St. Petersburg has to offer.

Grove Heights Annex is more than just a place to live; it’s a community where neighbors become friends and memories are made. If you’re looking for a welcoming environment that embraces both individuality and community spirit, look no further than Grove Heights Annex. Experience the charm of this delightful subdivision and discover your perfect home in sunny St. Petersburg today!

Newest Grove Heights Annex Homes with No Deed Restriction Community Extras

$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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