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$1,050,000

Beds
6
sq ft
2,964

3022 Dartmouth Ave N, Saint Petersburg, FL 33713

3022 Dartmouth Ave N

ST PETERSBURG, FL 33713

  • 102 days on market
    • Price drop $50,000↓
ATTENTION ALL INVESTORS AND SAVY HOMEONWERS ALIKE!!!! Welcome to 3022 Dartmouth Ave N, a charming and very unique property nestled in the heart of St. Petersburg's highly desirable HISTORIC KENWOOD neighborhood. This distinctive BLOCK construction property sits on an OVERSIZED DOUBLE LOT with a single-family home on one side and a detached apartment building on the other. This home is zoned multi-family and is currently formatted as a quadplex. With a total of seven bedrooms and five bathrooms across multiple units, this property is perfect for Multi Family, Multi-Generational or as an INCOME PRODUCING property, generating almost a 4% CAP RATE based upon current rents. The Main Residence offers 3 bedrooms and 2 baths with 1860 sq ft. of living space. Features include an open floor plan; large kitchen featuring solid wood cabinets with butcher block counter tops and a large island that separates the kitchen from the dining room. A double-sided fireplace separates the dining area from the main living space. The three bedrooms offer a split floor plan with each bedroom on opposite corners of the home. The home is being sold fully furnished for Seller convenience. Additional features include stunning Brazilian Cherry hardwood floors throughout; renovated bathrooms, both featuring double vanities; front and back screened-in lanais, a large separate laundry room; off-street parking with a spacious driveway; and a large separate fenced-in backyard offering privacy and space for outdoor activities and plenty of room to add a pool. The DETACHED APARTMENT BUILDING provides an excellent opportunity for passive income with long term tenants in place. The building houses a studio apartment with a nicely updated kitchenette on the back side; a spacious 1 bedroom/1 bath apartment with soaring vaulted ceilings in the front; and a cozy cottage style 2 bedroom/1 bath apartment on the second floor. All three apartments have their own separate outdoor living space and share a spacious laundry room with washer and dryer on the first floor. The property also has a nice size storage shed for lawn maintenance and equipment. This property has been meticulously maintained by its owners. Attention to detail is evident throughout. Additional features include a new roof; newer AC units for the main house and second floor apartment and newer mini split units for the two apartments on the first floor and much more. Situated on a quiet, tree-lined street, this home is within walking distance to local shops, restaurants, and parks in the Grand Central District and the Warehouse Art District. Historic Kenwood is known for its vibrant arts community and historic bungalows, offering a unique and welcoming atmosphere. It is centrally located and only 8 min (less than 3 miles) from thriving DOWNTOWN ST. PETERSBURG and its large assortment of shops, galleries, museums, and its vibrant nightlife. The world-famous Dali Museum, University of South Florida, RAYS Tropicana Field. the St. Pete Yacht Club, and the new pier are just a few of the many destinations the downtown area has to offer. Properties like this one are very few and far between and won’t last long, so don’t delay and call me today for a private showing. The additional units have a history of rental occupancy, providing a steady income stream.

Details

Property type

Quadruplex

Est. home value

$968,363

Lot size

0.26 acres

Price per sq ft

$355

Year built

1947

Annual property taxes

$5,746

HOA

No

Price History

03/14/2025
StellarMLS

StellarMLS #TB8332255

Price change
$1,050,000
-4.55%
12/21/2024
StellarMLS

StellarMLS #TB8332255

Listed
$1,100,000
+84.87%
03/06/2020
StellarMLS

StellarMLS #T3195576

Sold
$595,000
+25.26%

Schools & Community

Neighborhood: 

Historic Kenwood

Elementary school: 

Mount Vernon Elementary-PN

Middle school: 

John Hopkins Middle-PN

High school: 

St. Petersburg High-PN

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$491,688
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$474,312
Cash to seller
$491,688

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

March 2020

Original loan amount

$527,444

Est. remaining balance

$474,312

Interest rate

3.65%

Loan type

VA, 30 year

Seller

Tice L Ridley and Samantha Ridley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/02/2025 at 5:05 AM

Listing updated: 03/14/2025 at 4:09 PM

Listed by: Jonathan Sexauer, SEXAUER REAL ESTATE INTL. Phone #: (727) 641-3644

MLS: StellarMLS #TB8332255

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Recently listed in ST PETERSBURG