Welcome to 626 37th Avenue South a rare investment opportunity in vibrant South St. Petersburg, perfectly positioned directly across the street from Coquina Key Park. This home delivers immediate waterfront lifestyle access, with kayaking, paddleboarding, and fishing along Big Bayou just steps from your door, as well as scenic walks, picnics, and outdoor recreation in one of St. Petes most desirable public parks. Coquina Key is known for its serene waterfront streets, boating friendly community, and easy access to Tampa Bay, making it a hotspot for both residents and vacationers seeking the ultimate Florida lifestyle. This versatile property features a detached ADU above a spacious garage, offering flexible rental income potential with a long term tenant, already in place. The garage and lower level storage area are ideal for boats, paddleboards, or other recreational gear, perfectly complementing the parks public water access. With multiple living spaces, bright interiors, and flexible layouts, the home is ready for short or long term rental strategies (buyer to verify local regulations), making it an ideal choice for investors looking to maximize cash flow. Located in rapidly appreciating South St. Pete, this property benefits from strong rental demand due to its proximity to downtown St. Petersburg, the St. Pete Pier, boutique shops, restaurants, breweries, waterfront parks, and world class beaches. Hospitals, universities, and tourism drivers further contribute to year round rental occupancy, giving investors confidence in steady returns. Whether youre seeking a primary residence with income potential, a turnkey investment property, or a multi family setup, this Coquina Key home combines prime location, flexible living, and lifestyle driven appeal. Dont miss the chance to own in one of Tampa Bays most sought after neighborhoods schedule your private showing today.