701 38TH AVENUE N ST PETERSBURG FL 33704 MLS #TB8380249

*** Priced BELOW Appraisal *** Income-Producing Historic Gem in Allendale Terrace!

This stunningly renovated 1925 home, moved to its prime corner lot in Allendale Terrace in 1946, is bursting with charm, character, and modern upgrades! Offering 4 bedrooms, 3 full bathrooms, and dual living quarters, this versatile property is perfect for homeowners, investors, or multi-generational families.

* Income-Producing Bonus! The property includes a fully furnished 1-bedroom, 1-bath apartment with its own private entrance, address, and electrical meter—ideal for rental income or a stylish in-law suite!

Inside the main home, enjoy a spacious split-bedroom layout, a luxurious primary suite, and cedar-lined closets in the secondary bedrooms. The blend of historic details—original windows, hardware, and beautifully restored plaster walls—with high-end modern upgrades gives this home a unique soul you’ll fall in love with.
** Major updates include:
• 2 Brand-New HVAC Systems
• All-New Electrical Wiring + 2 New Panels
• 2 New Water Heaters
• 2 Electric Fireplaces
• Modern Kitchen w/ Soft-Close Cabinets, Granite Counters, Stainless Steel Appliances
• Two In-Unit Washer/Dryers for convenience in both living spaces

Outside, fresh landscaping and lush new sod boost curb appeal, and the oversized corner lot offers ample parking and room to relax.
Location, Location, Location! Blocks from shopping and dining, less than 3 miles to vibrant downtown St. Pete, and only 20 minutes to Tampa International Airport, this home puts you at the heart of it all—world-class beaches, cultural gems, festivals, and more.
Situated on a high and dry lot, this property has never flooded, and NO Storm damage even during Hurricane Helene or Hurricane Milton—offering peace of mind and long-term value.

**Don’t miss your chance to own a one-of-a-kind, income-producing property in one of St. Pete’s most desirable neighborhoods — **and at a price below appraised value! Schedule your showing TODAY!