940 25TH ST N, St Petersburg, FL 33713
940 25TH ST N, St Petersburg, FL 33713
940 25TH ST N, St Petersburg, FL 33713
940 25TH ST N, St Petersburg, FL 33713
940 25TH ST N, St Petersburg, FL 33713
940 25TH ST N, St Petersburg, FL 33713
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$ 1,482,000
Est. payment | /mo

5 Beds

5 Baths

2,300 SqFt


$ 1,482,000
Est. payment | /mo

5 Beds

5 Baths

2,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $644

Subdivision Melrose Sub 1St Add

MLS Listing ID TB8519512

Bedrooms 5

HOA Y/N No

Year Built 1935

Annual Tax Amount $16,533

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

THE HISTORIC NORTH KENWOOD COMPOUND. Start your compound in the heart of St. Petersburg. Some properties are simply investments. Others become a lifestyle, a legacy, and a place for generations to gather. Set on an oversized 11,430-square-foot double lot in Historic North Kenwood, this rare four-unit property offers flexibility that is becoming increasingly difficult to find. Live in one unit and generate income from the others. Create a multigenerational compound. Build an urban homestead. Or simply enjoy owning a piece of St. Petersburg history with room to grow. The centerpiece of the property is a beautifully restored residence featuring soaring 12-foot ceilings, original hardwood floors, restored crown molding, updated kitchen and bath, new windows, and new HVAC. Historic character and modern comfort come together in a way that cannot be replicated today. The property currently offers four separate living spaces, creating opportunities for owner-occupants, investors, extended families, creatives, remote workers, and entrepreneurs seeking flexibility under one roof. Recent improvements include: New roof serving all units, Updated electrical systems, Renovated kitchens and baths, New HVAC systems, New windows, Fresh interior and exterior paint, Restored historic architectural details. But what truly sets this property apart is the land. The oversized double lot creates possibilities rarely found this close to downtown St. Petersburg. Imagine harvesting fruit from your own trees, cultivating raised garden beds, creating an urban farm, gathering fresh eggs, building a greenhouse, designing a private courtyard, adding outdoor entertainment areas, installing a putting green, creating play spaces, or simply enjoying room to breathe in the middle of the city. Few properties allow you to combine income-producing real estate, historic architecture, and a modern homestead lifestyle in one location. Located just minutes from downtown St. Petersburg, the Grand Central District, Booker Creek Park, restaurants, breweries, coffee shops, and waterfront attractions, this property delivers both convenience and opportunity. Whether your vision is a family compound, urban farm, income-producing residence, house-hack, multigenerational estate, or long-term wealth-building asset, this property provides a foundation that is increasingly difficult to acquire. They aren't making more historic double lots. Bring your vision. Create the lifestyle. Build your compound.
OWNER-OCCUPANT OPPORTUNITY
Qualified buyers may be eligible for owner-occupied multifamily financing programs designed for two- to four-unit properties. Certain renovation loan programs may allow buyers to finance both acquisition and eligible improvements through a single mortgage, creating the opportunity to customize, modernize, and add value while living on-site. Current conforming loan limits for owner-occupied four-unit properties exceed $1.6 million, subject to lender requirements, appraisal, underwriting approval, and program guidelines. Buyers should independently verify financing options, renovation eligibility, loan limits, zoning, permitting, and any intended future use of the property.

Location

State FL

County Pinellas

Community Melrose Sub 1St Add

Area 33713 - St Pete

Direction N

Interior

Interior Features High Ceilings

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace false

Laundry Common Area

Exterior

Exterior Feature Fence, Storage

Utilities Available Cable Available, Electricity Connected, Sewer Connected

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Historic District, Near Public Transit, Oversized Lot, Sidewalk, Paved

Foundation Other

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8519512

Stellar MLS
Listed by Allison Webb FULTON GRACE REALTY

AROUND THE AREA

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Financial Services
Professional Services
Travel
Local Media
Education
  • Top China Buffet

    1965 34th St N, Saint Petersburg, FL 33713

    Chinese Phone: 727-328-7088

  • TacoSon

    2510 22nd Ave N, St. Petersburg, FL 33713

    Mexican Phone: 727-851-9800

  • Kissin’ Cuzzins

    951 34th St N, Saint Petersburg, FL 33713

    Diners Phone: 727-323-3915

  • Wendy’s

    1115 34th St N, Saint Petersburg, FL 33713

    Burgers Phone: 727-323-4812

  • PoFolks

    2001 34th St N, St. Petersburg, FL 33713

    American (New) Phone: 727-327-8090

  • Wawa

    2465 22nd Ave N, St. Petersburg, FL 33713

    Gas & Service Stations Phone: 727-822-8168

  • New York Seafood Market

    2148 22nd Ave, St. Petersburg, FL 33713

    Seafood

  • Little Caesars

    3030 22nd Ave. N, Saint Petersburg, FL 33701

    Pizza Phone: 727-317-2081

  • Chic Doggie

    2300 22nd Ave N, St. Petersburg, FL 33713

    Hot Dogs

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940 25TH ST N

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Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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