CASH FLOWING INVESTMENT OPPORTUNITY! This 4-bedroom, 1.5-bathroom single-family home represents an outstanding investment opportunity in the heart of St. Petersburg's 33712 zip code. Currently generating $2,621 per month with an annual tenant lease in place, this property offers immediate cash flow and hassle-free ownership transition. PROPERTY HIGHLIGHTS: Well-designed living space, 4 bedrooms, 1.5 bathroom, Built in 1925 with quality construction, poured footing foundation, and composition roof, 5,550 SqFt lot providing excellent privacy and outdoor space, central air conditioning and heating for year-round comfort. RECENTLY UPDATED FEATURES: Fresh interior and exterior paint throughout, Updated flooring, Updated kitchen cabinets, Updated fixtures throughout, All cosmetic improvements completed and move-in ready. INVESTMENT ADVANTAGES: Verified rental income: $2,621/month with annual lease thru June 2026, Satisfactory 4-point inspection report - transferable to Buyer, Current wind mitigation report - transferable to Buyer, Turnkey operation - no known immediate capital improvements needed, Excellent rental market in rapidly appreciating St. Petersburg area. FINANCIAL OVERVIEW: Monthly Rental Income: $2,621, Annual Rental Income: $31,452. This property is perfectly positioned in St. Petersburg's strong rental market, where demand continues to outpace supply. PERFECT FOR: New investors seeking immediate cash flow, Experienced investors looking to expand their portfolio, 1031 exchange opportunities, Out-of-state investors wanting turnkey Florida real estate. Don't miss this rare opportunity to acquire a cash-flowing investment property with established income, transferable reports, and recent updates - Act now, before this exceptional investment opportunity is gone!
For sale
$269,000
3308 Queensboro Ave S, Saint Petersburg, FL 33712
4beds
1,354sqft
Est.:
Single Family Residence
Built in 1925
5,489 Square Feet Lot
$-- Zestimate®
$199/sqft
$-- HOA
What's special
Updated fixturesWell-designed living spaceUpdated flooringUpdated kitchen cabinets
- 26 days
- on Zillow |
- 629 |
- 31 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 19, 2025 at 03:56am
Listing Provided by:
Charles Rountree, P.A. 813-586-0654,
INSTA REAL ESTATE SOLUTIONS 813-586-0654
Source: Stellar MLS,MLS#: TB8405674
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: Other
Features
- None
- Flooring: Tile, Hardwood
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 1,643
- Total interior livable area: 1,354 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 5,489 Square Feet
- Features: City Lot
Details
- Parcel number: 263116896760080080
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Concrete Perimeter, Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: TANGERINE TERRACE
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $208,720
- Annual tax amount: $3,141
- Date on market: 7/18/2025
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Fee Simple
- Total actual rent: 31452
- Electric utility on property: Yes
- Road surface type: Paved
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