Welcome to 1782 Michigan Ave NE — a turnkey opportunity in the high-demand Shore Acres neighborhood of St. Petersburg! This solid 3-bedroom, 1-bath block home is the perfect addition to any investor’s portfolio, offering strong cash flow potential, minimal upkeep, and exciting long-term appreciation upside.
Situated on a 4,965 sq ft lot, this 945 sq ft home boasts a functional open layout, durable tile and wood flooring, a spacious 1-car garage, and a screened-in back porch—ideal for tenant enjoyment or short-term rental appeal. The concrete block construction means lower maintenance costs and higher durability—an investor’s best friend.
With rental demand surging in this area, similar properties are commanding $2,800–$3,200/month, making this a potential 10–12 porcent gross ROI property with little to no renovation required. Add a few cosmetic upgrades, and you could easily push rents higher or explore short-term rental strategies to maximize income.
Located just minutes from downtown St. Pete, award-winning beaches, parks, and top schools, this property is in a growth corridor with continued upward appreciation trends. Whether you’re looking to flip, rent, or hold long-term, this property offers versatility, stability, and excellent returns.