Extremely rare high & dry duplex - income-producing and packed with upside. The owner’s early retirement offers you the rare chance to secure this remodeled, income-ready duplex in one of the most coveted and storm-resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long-term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value-add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high-and-dry, non-flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house-hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low-maintenance, income-producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheet available. No assignable contracts accepted.
For sale
Price cut: $2K (8/27)
$225,000
5829 32nd St N, Saint Petersburg, FL 33714
2beds
1,189sqft
Est.:
Single Family Residence
Built in 1956
5,824 Square Feet Lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
Clean and modern updates
- 141 days
- on Zillow |
- 1,199 |
- 63 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: September 03, 2025 at 03:58pm
Listing Provided by:
Alexander Izikson 781-996-9676,
RICHARD PETERS REALTY LLC 352-448-9712
Source: Stellar MLS,MLS#: TB8375600
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,189
- Total interior livable area: 1,189 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Size: 5,824 Square Feet
Details
- Parcel number: 353016883800000190
- Zoning: R-4
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Built-Up
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: SUNSHINE HEIGHTS MANOR
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $165,000
- Annual tax amount: $3,171
- Date on market: 4/17/2025
- Cumulative days on market: 140 days
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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