$1,482,000
940 25th Street N Saint Petersburg, FL 33713
For Sale MLS# TB8519512
5 beds 5 baths 2,300 sq ft Multi-family
Details for 940 25th Street N
MLS# TB8519512
Description for 940 25th Street N, Saint Petersburg, FL, 33713
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 and 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.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bedrooms: 5
Bathrooms: 5
Lot Size: 0.26 Acres
Square Feet: 2,300 sq ft
Year Built: 1935
Construction: Wood Frame
Subdivision: Melrose Sub 1st Add
Foundation: Other
County: Pinellas
Additonal Room Information
Laundry: Common Area
Interior Features
Flooring: Tile,Wood
Additional Interior Features: High Ceilings
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Sewer Connected
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Fence, Storage, Near Public Transit, Oversized Lot, Historic District
Community Features
Community Features: Sidewalks
Unit Information
Unit 1 Units Total: 1
Unit 1 Baths Total: 1
Unit 2 Units Total: 1
Unit 2 Baths Total: 2
Unit 2 Beds Total: 3
Unit 3 Units Total: 2
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Driving Directions
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.
Financial Considerations
Terms: Cash,Conventional,FHA
Tax/Property ID: 14-31-16-57258-002-0090
Tax Amount: 16533
Tax Year: 2025
A broker reciprocity listing courtesy: FULTON GRACE REALTY
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 940 25th Street N
Sales History
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Tax Summary
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Schools
Schools nearby 940 25th Street N
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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