5127 Caesar Way S, St Petersburg, FL, 33712

One or more photo(s) has been virtually staged. PRICE IMPROVEMENT – WILL NOT LAST! WELCOME TO THIS UPDATED HOME IN DESIRABLE LAKEWOOD ESTATES, FEATURING A PRIVATE IN-LAW SUITE AND OFFERING INCREDIBLE FLEXIBILITY, STRONG INCOME-PRODUCING POTENTIAL, AND TRUE HOUSE-HACK OPPORTUNITY. WHETHER YOU’RE LOOKING TO OFFSET YOUR MORTGAGE OR CREATE MULTIPLE INCOME STREAMS, THIS PROPERTY IS IDEALLY SET UP TO DELIVER. Featuring 5 bedrooms and 3 bathrooms with a 2-car garage, the property is currently configured as a 4-bedroom, 2-bath main residence with a private in-law suite—complete with its own kitchen and mini-split system—making it ideal for generating consistent rental income, long-term or short-term opportunities (where permitted), or a perfect house-hack setup. Live in the main home while renting out the in-law suite, or maximize returns by utilizing the full 5-bedroom layout. With strong rental demand in this area, this property presents a rare opportunity to significantly offset monthly expenses—or potentially live for free—while building long-term equity. Major updates provide peace of mind, including a brand-new roof (2025), new HVAC system (2024), and recently installed appliances. Inside, the expansive 3-way split floor plan offers both privacy and functionality, featuring two primary en-suite bedrooms and three additional bedrooms near a shared third bath. Multiple living areas—including a spacious front living room and a large rear family room with a wood-burning fireplace—create flexible spaces ideal for both owner-occupants and rental setups. At the heart of the home is a thoughtfully designed kitchen that connects seamlessly to the main living areas, creating a natural gathering space for everyday living or entertaining tenants and guests. Whether you're looking to live in one portion and rent the other or maximize full rental income, this layout supports a wide range of investment strategies.