173 38th Avenue SE

Income-producing investment opportunity in desirable Coquina Key, just south of Downtown St. Petersburg! This versatile duplex offers the option to rent both units or live in one side while generating rental income from the other. Both units feature 2 bedrooms, 1 bathroom, updated interiors, and their own private laundry room with washer/ dryer & storage area, conveniently located next to the covered front patio. The property also features a NEW ROOF installed in 2026 and a FRESHLY PAINTED EXTERIOR.The WATER HEATERS in both units were replaced in 2021.Each side has individual fenced backyards.The left unit is currently rented with a lease through November 30, 2026, while the right unit is vacant and ready for occupancy. The estimated annual gross income reflects both units rented for $1700 monthly. Whether you’re looking to expand your investment portfolio or live in one unit and rent the other, this property has flexibility and income potential in a convenient St. Petersburg location. Opportunities like this don’t come along often—bring your investment strategy and take advantage of the future rental income, updated condition, and prime Coquina Key location. Schedule your private showing today and see firsthand the potential of this property! All measurements are deemed accurate but must be verified by the buyer or buyer's agent.