5218 1st Ave St Petersburg, FL 33707

Listing details for 5218 1st Ave, St Petersburg, FL 33707 : Under contract-accepting backup offers. Welcome home to this charming bungalow with a fully updated, income-producing ADU—perfect for house hacking or adding a strong rental to your portfolio. Ideally located in Westminster Heights, you’re just a short drive to downtown St. Petersburg and the Gulf beaches! The main home is a cozy 2-bedroom, 1-bath featuring a new roof (2026) and central HVAC (2019), along with updated luxury vinyl plank flooring throughout. A welcoming front sunroom sets the tone as a flexible entry space, leading into a warm living room centered around a fireplace and a dedicated dining area. The kitchen features butcher block countertops and a functional layout, while both bedrooms offer comfortable space. The bathroom is clean and tiled with a classic feel. Out back is where this property really shines—a 2023-updated detached ADU with its own private setup and central HVAC (2023). This unit offers a spacious living area, full kitchen with dining space, a beautifully updated bathroom with modern white and gray tile, and a private bedroom. Whether you’re looking to offset your mortgage or generate consistent rental income, this setup delivers. The exterior is fully fenced for privacy and enhanced with pavered areas and Augusta block, creating a clean, well-defined outdoor space with plenty of room to enjoy and entertain. A large storage shed with washer/dryer hookups adds even more functionality. Live in one, rent the other, or maximize returns with two income streams—this NSM-1 zoned opportunity is one you don't want to miss out on!