Active

940 25th Street

Saint Petersburg, FL 33713
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Bed 5

Bed

Bath 5

Bath

SqFt2,300

Sqft

Acres0.26

Acre(Lot)

THE HISTORIC NORTH KENWOOD COMPOUND. Start your compound in the heart of St. Petersburg. Some properties are simply investments. Others become a lifestyle, a legacy, and a place for generations to gather. Set on an oversized 11,430-square-foot double lot in Historic North Kenwood, this rare four-unit property offers flexibility that is becoming increasingly difficult to find. Live in one unit and generate income from the others. Create a multigenerational compound. Build an urban homestead. Or simply enjoy owning a piece of St. Petersburg history with room to grow. The centerpiece of the property is a beautifully restored residence featuring soaring 12-foot ceilings, original hardwood floors, restored crown molding, updated kitchen and bath, new windows, and new HVAC. Historic character an d modern comfort come together in a way that cannot be replicated today. The property currently offers four separate living spaces, creating opportunities for owner-occupants, investors, extended families, creatives, remote workers, and entrepreneurs seeking flexibility under one roof. Recent improvements include: New roof serving all units, Updated electrical systems, Renovated kitchens and baths, New HVAC systems, New windows, Fresh interior and exterior paint, Restored historic architectural details. But what truly sets this property apart is the land. The oversized double lot creates possibilities rarely found this close to downtown St. Petersburg. Imagine harvesting fruit from your own trees, cultivating raised garden beds, creating an urban farm, gathering fresh eggs, building a greenhouse, designing a private courtyard, adding outdoor entertainment areas, installing a putting green, creating play spaces, or simply enjoying room to breathe in the middle of the city. Few properties allow you to combine income-producing real estate, historic architecture, and a modern homestead lifestyle in one location. Located just minutes from downtown St. Petersburg, the Grand Central District, Booker Creek Park, restaurants, breweries, coffee shops, and waterfront attractions, this property delivers both convenience and opportunity. Whether your vision is a family compound, urban farm, income-producing residence, house-hack, multigenerational estate, or long-term wealth-building asset, this property provides a foundation that is increasingly difficult to acquire. They aren't making more historic double lots. Bring your vision. Create the lifestyle. Build your compound. OWNER-OCCUPANT OPPORTUNITY Qualified buyers may be eligible for owner-occupied multifamily financing programs designed for two- to four-unit properties. Certain renovation loan programs may allow buyers to finance both acquisition and eligible improvements through a single mortgage, creating the opportunity to customize, modernize, and add value while living on-site. Current conforming loan limits for owner-occupied four-unit properties exceed $1.6 million, subject to lender requirements, appraisal, underwriting approval, and program guidelines. Buyers should independently verify financing options, renovation eligibility, loan limits, zoning, permitting, and any intended future use of the property.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,482,000

AD Id : 85051985

MLS Id : MFRTB8519512

Beds : 5

Lot Size : 0.26 Acre

Living Area Size : 2,300

Year Built : 1935

County : Pinellas

Subdivision: Melrose Sub 1st Add

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 5

    Interior Features

    High Ceilings Roof: Shingle Laundry Features: Common Area

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Tile, Wood Construction Materials: Frame
  • Heating & Cooling

    Heating: Baseboard Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1935
  • Exterior Features

    Fence, Storage Construction Materials: Frame Foundation Details: Other

  • Lot Information

    Lot Description: Historic District, Near Public Transit, Oversized Lot, Sidewalk, Paved Lot Square Feet: 11430 Lot Acres: 0.26 Lot Size (SqMt): 1062

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$1482000

  • Tax Information

    Tax Block: 2 Tax Book Number: 6-70 Tax Lot: 9 Tax Legal Description: MELROSE SUB 1ST ADD BLK 2, LOTS 9 AND 10 Annual Tax: $16533 Tax Year: 2025 Parcel Number: 14-31-16-57258-002-0090

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: MELROSE SUB 1ST ADD City: ST PETERSBURG Direction: From 9th Ave turn onto 25th street. Property is on the left side of the street. Blue 2 story home with duplex attached. Units are occupied. Please do not disturb the tenants.
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Nearby Home Value

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3320 18th Street, Saint Petersburg, FL, 33713 $780,000 5 3 2,146 2,146 SqFt
2140 22nd Avenue, Saint Petersburg, FL, 33713 $384,900 4 2 1,198 1,198 SqFt
2443 4th Avenue, Saint Petersburg, FL, 33713 $599,999 2 3 1,645 1,645 SqFt
2650 25th Avenue, Saint Petersburg, FL, 33713 $399,000 3 2 1,146 1,146 SqFt
2800 Dartmouth Avenue, Saint Petersburg, FL, 33713 $925,000 7 4 2,445 2,445 SqFt
2310 29th Street, Saint Petersburg, FL, 33713 $630,000 4 2 1,908 1,908 SqFt
3631 N 4th Avenue, Saint Petersburg, FL, 33713 $569,000 1 1 1,610 1,610 SqFt
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ByOwner last updated this listing 07/06/2026 @ 06:20

MLS: MFRMLS #TB8519512 LISTED BY: Allison Webb, FULTON GRACE REALTY 772-888-3076 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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