1421 Prescott St S, Saint Petersburg, FL, 33712

About This Home

AMAZING OPPORTUNITY * NOT IN A FLOOD ZONE * NO HOA * NO CDD * LOCATION ** Multiple new construction homes all over! Excellent opportunity to acquire a tenant occupied 4-bedroom 2-bathroom block construction home offering 1,204 square feet of living space in a rapidly developing area of St. Petersburg, Florida. The property is currently leased through April 30, 2026, generating $1,905 a month in rental income, which is significantly below current market rent. Major capital improvements have already been completed, minimizing near term ownership risk. Recent updates include a brand-new HVAC system installed in November 2025, a newer roof from 2021, updated soffit and fascia, and Solid block construction offers long-term durability and low-maintenance ownership. Prime location just south of Central Avenue, surrounded by ongoing redevelopment and new construction. Convenient access to downtown St. Petersburg and very close to Tropicana Field. Ideal for buy and hold investors seeking immediate cash flow with long term upside, or for future owner occupants planning ahead. Do not disturb tenant. Showings by appointment only!