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3700 59TH STREET N

Multi-family For Sale
$575,000

BTC: 7.31087095

ETH: 227.22782059

New
5 bds
2,044 sqft

Overview

An outstanding opportunity for both owner-occupants and investors in the desirable Sheryl Manor neighborhood of St. Petersburg. This well-maintained duplex offers an ideal house-hacking setup, allowing you to live in one unit while generating rental income from the other, or add a versatile income-producing property to your portfolio. Unit 3700 is a beautifully renovated 2-bedroom, 1-bath residence that is truly move-in ready. The extensive renovation features a stylish remodeled kitchen and bathroom, stainless steel appliances, new flooring, and updated finishes throughout. The result is a bright, modern interior that requires little to no immediate work. The adjoining 3-bedroom, 1-bath unit is currently tenant occupied with a lease through March 2027, providing immediate rental income to the new owner. The unit is functional and income-producing today, while also offering future potential for cosmetic updates and personalization to further enhance its appeal and rental value. Both residences function independently and feature separate electric and water meters, indoor laundry rooms with additional storage, covered front porches, open rear patios, and fully fenced private backyards. The property sits on a spacious corner lot, providing excellent separation and privacy between the two residences. Additional improvements include a 2019 roof, 2022 AC system serving the occupied unit, replaced HVAC ductwork, and new attic insulation installed in 2020. Located in central St. Petersburg, Sheryl Manor offers convenient access to Tyrone Square, shopping, restaurants, hospitals, parks, and everyday amenities. The Gulf beaches are just minutes away, with Downtown St. Petersburg and The Pier approximately 12 minutes from the property. Whether you’re looking to offset your housing costs through rental income, purchase your first investment property, or expand an existing portfolio, this duplex offers the combination of immediate income, flexible living options, and long-term upside that makes it a compelling St. Petersburg investment.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1967
Lot:
0.18 Acres
Heating:
Central / Electric
Price/sqft:
$281
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$437,000
$299K – $586K
Confidence Low
List vs. estimate
$138K above estimate
List $575,000 · +31.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$281
-5.7% vs. city median $298
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,470
2025
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Water Heater

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Levels: One

    • Exterior Features: Private Yard / Sidewalk / Storage

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 083116810720020060

    • Zoning: RES

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $7,470

  • Source details

    • MLS ID: TB8546844

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Corner Lot / Flood Insurance Required / City Lot / Level / Near Public Transit

    • Patio And Porch Features: Patio

    • Living Area: 2044

    • Water Source: Public

    • Lot Size Dimensions: 87 x 92

    • Subdivision Name: SHERYL MANOR SCHANZENBACH ADD 2ND PT REP

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MAVREALTY