211 21st Ave S, Saint Petersburg, FL 33705

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $139 per day and long-term for an average of $2,631 per month, based on similar listings in the area. Estimated short-term cap rate of -1.4%. Estimated long-term cap rate of -1.7%. PRICE IMPROVEMENT! Old Southeast Stunner with Income Potential! Welcome to this fabulous Old Florida-style bungalow, complete with a charming guest cottage and a BRAND NEW ROOF (2024)—all in a no flood zone! Whether you're looking for a primary residence, a vacation home, or a serious investment opportunity, this property delivers. Step inside the main house, a beautifully maintained 1940s bungalow that exudes character with original hardwood floors, bright sun-filled windows, and classic brick streets right outside your door. Featuring 2 bedrooms and 1 bathroom, this home is perfect as your own private retreat or as an income-producing rental. The spacious kitchen retains its original wood cabinetry, adding to the home’s charm, while a cozy courtyard off the kitchen offers the perfect spot to soak up the Florida sunshine or unwind by a firepit in the evening. The updated bathroom blends modern convenience with vintage charm, making this home truly move-in ready. But here’s where it gets even better—this property includes a meticulously designed ADU/In-Law Cottage (Completed in 2022)! This fully-equipped studio boasts its own private entrance and courtyard, a full kitchen, washer & dryer, and a stunning modern bathroom. Whether you're looking for short-term rental income, a long-term tenant, or the perfect guest retreat, this space is turnkey and ready to cash flow! Additional upgrades include updated plumbing and electrical (2024), making this home as practical as it is charming. Located in the highly desirable Old Southeast neighborhood—just minutes from downtown St. Pete, vibrant waterfront parks, and local hotspots—this home is a rare find. Live in one unit, rent the other, or rent them BOTH—this is an investment that works for you! Schedule your showing today and start making money from day one!