Active · Single Family

2525 37TH STREET

ST PETERSBURG, FL 33711

$375,000

$279/sqft

Beds

4 beds

Baths

1 bath

Area

1,345 sqft

Single FamilyBuilt 19257,501 sqft lotElectricCentral Air$279/sqft1 day on market

About this home

Incredible opportunity to acquire a fully renovated, turnkey investment property in a highly desirable St. Petersburg submarket. While available individually, this property is preferred as part of a two-property portfolio package alongside its sister property at 1121 10th Ave S (See MLS #TB8535618). This 4-bedroom, 1-bathroom home offers immediate, risk-mitigated cash flow on day one. The property is fully occupied by a stable tenant at $3,150/month (leased through 2/28/2027), providing secure, government-backed rental income. The asset has undergone an extensive luxury overhaul, featuring a custom attic conversion that creates a spacious 4th bedroom. Major capital expenditures have already been completed, including a 3-ton HVAC system, roof repairs, removal of an unsafe garage structure, and a brand-new paver patio. The high-end interior boasts new marble-look tile flooring throughout, a beautifully upgraded kitchen with Calacatta granite countertops, a waterfall edge breakfast bar, decorative LED pendant lighting, separate dining room, and stainless steel appliances with french door refrigerator, dishwasher and in-unit washer/dryer. With no HOA and the tenant handling all utilities and lawn care, this is a premium, hands-off investment. Package Sister Property Details (1121 10th Ave S): Features a 3-bed / 1.5-bath layout, a $2,715/month lease through 3/31/2027, and premium updates located in Flood Zone X. Combined, the full portfolio delivers a total NOI of $41,930 at a 6.08% blended cap rate. Pictures are from after renovations, but before current tenants moved in, buyers to verify all information.

Facts & features

Interior

Bedrooms: 4
Bathrooms: 1
Living area: 1,345 sqft
Heating: Electric
Cooling: Central Air
Flooring: Ceramic Tile
Stories: 2
Features: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)…
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range…

Exterior & lot

Lot size: 7,501 sqft (0.17 ac)
Roof: Shingle
Construction: Vinyl Siding, Frame
Exterior: Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk

Financial

Annual tax: $2,909 (2025)
Price / sqft: $279/sqft

Utilities

Water: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected

Property

Property type: Single Family
Year built: 1925
Subdivision: CHURCHILL GROVE
County: Pinellas

Listing

Status: Active
Days on market: Today
MLS #: MFR801807777
Source: Stellar MLS

Listed by Andrew Vieira · KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQEstimate

Sample estimate — not an appraisal

$396k

+5.6% vs asking

$374k low$419k high

Based on 22 comparable sales within 3 miles of ST PETERSBURG, FL. priced under RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA

Down payment (%)

Interest rate (%)

Loan term (yrs)

Property tax (% / yr)

Home insurance ($ / yr)

HOA dues ($ / mo)

Estimated monthly payment$2,477/mo

Principal & interest: $1,996/mo
Property tax: $281/mo
Home insurance: $200/mo

Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.