Furnished Duplex in Magnolia Heights — Solid Returns & Location Perks……. Tired of playing the stock market rollercoaster? Here’s your off-ramp. This furnished duplex in the desirable Magnolia Heights neighborhood of St Petersburg, FL, is your chance to own a solid, income-producing property that meets the 1% rule. Yes, that mythical benchmark investors dream of. No smoke, no mirrors—just steady cash flow in a neighborhood on the rise……. Long-term rents historically pulled in $3,925/month, with mid-term reaching $4,500/month.....Both units are currently vacant and furnished, so you can start earning income the minute the ink dries……….. This property isn't fancy and will need some updating over the years, but it’s effective and it works just as it is. Currently there are updated kitchens, durable luxury vinyl floors (2022), separate mini split and central HVAC setups (2022), a newer roof (2021), and a termite tenting already handled (2022). One electric and one water meter keeps things simple……. Live in one, rent the other. Rent both. Or knock it down and build your own Magnolia Heights dream home on this oversized lot that is just two doors down from million-dollar new construction homes. That’s the kind of flexibility investors and future homeowners *actually* want and need……. No flood zone. No nonsense. Just high-and-dry, Florida living a stone’s throw from: …..Vibrant downtown St. Pete’s museums, shops, music, sports & dining ……Trader Joe’s, Whole Foods, Publix, The Blend Coffee & Wine Bar, craft breweries, and more …..Easy access to our Gulf Coast: Fort De Soto and Pass-a-Grille beaches ….Whether you’re an investor, house hacker, or long-term planner, this one’s got options—and income—from day one. ….This neighborhood is elevating fast and shows no signs of slowing down. Be sure to book your appointment today.
For sale
$434,900
3651 15th St N, Saint Petersburg, FL 33704
4beds
2baths
1,181sqft
Est.:
Duplex, Multi Family
Built in 1933
-- sqft lot
$416,400 Zestimate®
$368/sqft
$-- HOA
What's special
Oversized lotUpdated kitchensNewer roofDurable luxury vinyl floors
- 4 days
- on Zillow |
- 555 |
- 40 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listing Provided by:
Laura Marie 413-219-0350,
EXP REALTY LLC 888-883-8509
Source: Stellar MLS,MLS#: TB8377476
Originating MLS: Sarasota - Manatee


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Range Hood, Refrigerator
- Laundry: Outside
Features
- Ceiling Fan(s)
- Flooring: Luxury Vinyl
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,508
- Total interior livable area: 1,181 sqft
Property
Features
- Levels: Multi/Split
- Exterior features: Lighting
- Fencing: Fenced
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 122
- Features: Near Golf Course, Near Marina, Near Public Transit
Details
- Parcel number: 123116415980020220
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace, Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1933
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: HUDSON CITY SUB REV REP
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $368/sqft
- Tax assessed value: $240,000
- Annual tax amount: $5,187
- Date on market: 4/22/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 4500
- Electric utility on property: Yes
- Road surface type: Asphalt
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