Under contract-accepting backup offers. ***Charming St. Petersburg Bungalow with NEW ROOF and Detached Guest Suite | Assumable 2.5% VA Loan | High & Dry with NO HOA!!! Don't miss this rare opportunity to own a beautifully maintained 1948 St. Petersburg bungalow featuring a versatile detached guest suite, all located in Flood Zone X on some of the highest ground in St. Petersburg-meaning no mandatory flood insurance. Whether you're searching for your primary residence, a multi-generational living...Under contract-accepting backup offers. ***Charming St. Petersburg Bungalow with NEW ROOF and Detached Guest Suite | Assumable 2.5% VA Loan | High & Dry with NO HOA!!! Don't miss this rare opportunity to own a beautifully maintained 1948 St. Petersburg bungalow featuring a versatile detached guest suite, all located in Flood Zone X on some of the highest ground in St. Petersburg-meaning no mandatory flood insurance. Whether you're searching for your primary residence, a multi-generational living setup, or a property with income-producing potential, this home offers flexibility that's hard to find. Main Home Features 2 Bedrooms | 1 Bathroom. Bright, air-conditioned Florida room with four oversized sliding windows-perfect as a home office, reading room, or additional living space Smart thermostat and smart locks. Energy-efficient gas tankless water heater servicing both buildings. Functional layout filled with natural light and timeless mid-century charm! Detached Guest Suite - Endless Possibilities. A standout feature that sets this property apart from surrounding homes! This separately fenced space offers incredible flexibility for: Guest accommodations, Home office, Art or music studio, Fitness room. Creative workspace, future rental potential. Features include:Brand-new tile flooring. Fresh interior paint. Mini-split A/C & heat (2021) Bathroom with toilet and separate sink. Outdoor shower-perfect after a day at the beach. Alley-access parking. Private fenced yard, Storage shed. The space has been intentionally left as a blank canvas so the next owner can customize it to fit their needs. Outdoor Features: Brand-new 2024 roof on both the main home and guest suite. Fully fenced backyard. Separate fenced guest suite yard for added privacy. Two off-street spaces with convenient alley access. Mature landscaping ready to be enhanced. Solid construction with excellent curb appeal. Prime Central St. Petersburg Location, enjoy the convenience of being just minutes from everything while still tucked away in a quiet neighborhood. Nearby: Approximately 3 miles to vibrant Downtown St. Petersburg. Quick access to I-275. Publix, Trader Joe's, Aldi, Rollin' Oats Market, shopping, restaurants, and everyday conveniences all within minutes. Close to parks, public transportation, and entertainment. A Neighborhood You'll Love, this welcoming neighborhood is known for its strong sense of community, friendly neighbors, and pride of ownership. It's the kind of place where neighbors know each other and genuinely look out for one another. Additional Highlights: Assumable VA loan at an incredible 2.5% interest rate (for qualified buyers) Flood Zone X - High & Dry. No mandatory flood insurance. 2024 Roof on both structures. Detached guest suite with private yard. Smart home features. Alley access with off-street parking. Endless flexibility for today's lifestyle. This unique property combines classic St. Petersburg charm with modern convenience and exceptional versatility. Opportunities like this don't come around often. Schedule your private showing today and discover everything this one-of-a-kind property has to offer!