$425,000

About this home

Located on a corner lot in the desirable Riviera Bay neighborhood, this updated block-construction duplex offers flexibility for both homeowners and investors. Live in the spacious 3-bedroom, 2-bath residence while renting the separate 1-bedroom, 1-bath unit to generate additional income, or lease both units as an investment property. Just two blocks from Riviera Bay Park and near Weedon Island Preserve, the property provides convenient access to Downtown St. Petersburg, Tampa, shopping, dining, and major roadways. Both residences feature renovated kitchens with new cabinetry, updated bathrooms, new water heaters, newer electrical panels, private entrances, separate mailboxes, individual backyard spaces, laundry connections, and ample parking. The 1-bedroom unit also features a new A/C system. Estimated rents are approximately $2,200 per month for the 3-bedroom unit and $1,200 per month for the 1-bedroom unit, offering potential gross rental income of approximately $3,400 per month, or $40,800 annually. With appliances being installed and only minor flooring work remaining, the property is nearly ready for occupancy or rental placement. Buyer to verify projected rents, property use, and any applicable rental restrictions.

Property details

MLS #

MFRTB8556129

Property type

Single Family Residence

Subdivision

RIO VISTA

Status

Active

Days on market

N/A

On market date

October 7, 2026

Stories

N/A

Total bathrooms

3

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.16 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).