Income-Producing Flex Property | Multigenerational Living in Prime St. Petersburg Location Unlock exceptional income potential and lifestyle flexibility with this rare dual-living property located just minutes from downtown St. Petersburg and major commuting corridors. Whether you're an investor seeking strong rental opportunities or a buyer needing multigenerational space, this property offers a highly adaptable setup designed to maximize value. The main home is a modern, high-end custom build spanning nearly 1,800 square feet, featuring 3 bedrooms and 2 bathrooms. Thoughtfully designed for both comfort and durability, it boasts premium finishes, a functional open layout, and contemporary design that appeals strongly to today’s renters or owner-occupants. Complementing the main home is a fully detached 2-bedroom, 1-bath ADU, complete with a full kitchen and spacious living area—ideal for short-term rentals, long-term tenants, in-laws, or private guest quarters. This separate living space significantly enhances the property’s cash flow potential and flexibility. Additional value comes from the oversized 627-square-foot detached garage, offering endless opportunities for conversion (studio, office, gym, or additional rental use where permitted) or simply premium storage and covered parking. The expansive driveway accommodates up to four vehicles, providing convenience for multiple occupants or tenants. Why this property stands out: Dual-income potential with main home + separate ADU Ideal for house hacking or offsetting mortgage costs Perfect for multigenerational living with privacy for all Highly desirable location near downtown, jobs, and transit routes Oversized garage with value-add or adaptive use potential Strong appeal for both long-term and short-term rental strategies This is a rare opportunity to own a versatile, revenue-generating property in one of St. Petersburg’s most accessible and growing areas. Lender credit available up to 1.25% with select lender partners.

Listing courtesy of ATLAS REALTY GROUP (813) 613-4308



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Last checked: 2026-05-23 11:06 PM EDT