Welcome to this exceptional income-producing St. Petersburg property offering a rare double lot, detached guest house (mother-in-law suite), and one of the highest elevations in the area. Situated on a quiet street with no HOA, no CDD fees, and outside of a flood zone, this high-and-dry home provides peace of mind and strong investment potential. The main residence features a comfortable, functional layout with an open living, dining, and kitchen flow, plus well-sized bedrooms and a versatile bonus/office space with ensuite bath. The detached guest house includes its own private entrance, living area, kitchen, bedroom, and bathroom ideal for short-term rental income, long-term tenant use, or multigenerational living. Outdoor space offers ample parking for RVs, boats, trailers, and multiple vehicles, plus a spacious double lot with room to entertain, garden, or expand. Conveniently located 10-15 minutes from downtown St. Pete and Gulf beaches, this property blends lifestyle and income potential in one rare opportunity.