$929,000
$60K PRICE DROP

Estimated payment $5,714/month

Total Views 5,644
4 Beds
4 Baths
1,972 Sq Ft
$471 Price per Sq Ft

Highlights

  • Garage Apartment
  • Main Floor Primary Bedroom
  • High Ceiling
  • St. Petersburg High School Rated A
  • Bonus Room
  • Stone Countertops

About This Home

OFFERED BELOW RECENT APPRAISAL — Meticulously renovated from top to bottom, this multi-unit gem in the heart of St. Pete is truly turn-key. Every inch has been thoughtfully upgraded — from new roofs, windows, plumbing, and electrical to all-new modern finishes, and landscaping. TOO MANY IMPROVEMENTS TO LIST — ASK FOR THE FULL SCOPE OF WORK AND PERMITS, ALL CLOSED.

Set on a wide corner lot along St. Pete’s iconic red brick roads, this fully stabilized compound includes four 1-bed, 1-bath residences — each with a flexible bonus room perfect for an office or guest space — and a detached garage-turned-lounge or optional on-site manager’s suite. Zoned for 30-day minimum rentals but ideal for long-term tenants, every unit is separately metered and fully furnished with kitchenware, linens, and decor, making it truly plug-and-play.

Extensive improvements include new roofs on all 5 structures (2022), new vinyl siding, impact-rated windows and doors, updated HVAC systems, new electrical panels and wiring, new plumbing supply and drain lines, and energy-efficient water heaters. Interiors feature quartz countertops, modern cabinetry, luxury vinyl plank flooring, updated fixtures, and recessed lighting.

The property also includes a standalone commercial-grade laundry building with brand-new coin-operated appliances, providing added convenience and additional income potential. The central courtyard is a showstopper — with cafe string lighting, tropical landscaping, and curated gathering areas that create a boutique hotel-style atmosphere. Select units even feature custom murals that add charm and a touch of art-forward identity.

Located just minutes to Crescent Lake, downtown St. Petersburg, The Pier, Tropicana Field, Gulf beaches, and I-275 — and only 20 minutes from Tampa International — this is a rare chance to own a cash-flow-ready, personality-driven investment in a high-demand rental corridor.

Listing Agent

Aimee Smith

BEACH & BAY REALTY LLC Brokerage Phone: 727-595-0366 License #3418965 Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,181

Year Built

  • Built in 1925

Lot Details

  • 6,364 Sq Ft Lot
  • Lot Dimensions are 47x134
  • Fenced
  • Landscaped
  • Street paved with bricks
  • Garden
  • Vegetable Garden

Parking

  • 1 Car Garage
  • Garage Apartment
  • Ground Level Parking
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,972 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Combination Dining and Living Room
  • Den
  • Bonus Room

Kitchen

  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Stone Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Ventilation

Outdoor Features

  • Patio
  • Outdoor Grill
  • Front Porch

Schools

  • Woodlawn Elementary School
  • Meadowlawn Middle School
  • St. Petersburg High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • 2,032 Sq Ft Building
  • Pine City Sub Rep Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,181

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1972
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 2032
  • Lot Size Sq Ft: 6364
  • Directions to Property: Head south on I-275 S. Take exit 25 for 38th Ave N. Turn left onto 38th Ave N. Turn right onto 16th St N. Turn right onto 28th Ave N. Your destination will be on the right.
  • Status: Active
  • Street Post Direction: N
  • Ownership: Fee Simple
  • Escrow City: Seminole
  • Escrow Postal Code: 33772
  • Escrow State: FL
  • Escrow Street Name: Park Blvd
  • Escrow Street Number: 11244
  • List Office Head Office Key Nume: 1048127
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 471.10
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 727-595-0366
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Other, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters
  • Appliances Included: Convection Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Double Pane Windows, Storm Window(s), Wood Frames
  • Street Number Modifier: 1615
  • Additional Rooms: Bonus Room,Den/Library/Office,Garage Apartment
  • Living Area Meters: 183.20

Exterior Features

  • Exterior Features: Fence, Garden, Hurricane Shutters, Outdoor Grill, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio, Porch
  • Road Surface Type: Brick
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Faces Rear, Ground Level, On Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Public, Water Connected
  • Cooling: Ductless, Wall/Window Unit(s)
  • Heating: Electric, Space Heater, Ductless
  • Laundry Features: Common Area, In Garage, Laundry Room, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Gas,Internet

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Woodlawn Elementary-PN
  • High School: St. Petersburg High-PN
  • Middle Or Junior School: Meadowlawn Middle-PN

Lot Info

  • Parcel Number: 12-31-16-69102-006-0130
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Sidewalk, Street Brick
  • Lot Dimensions: 47x134
  • Flood Zone Code: x
  • Lot Size Square Meters: 591

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Verification Count: 0
  • Green Landscaping: Veg. (Productive) Garden

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Total Num Buildings: 5
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 9181.26
  • Tax Block: 6
  • Tax Book Number: 5-74
  • Tax Lot: 13

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $929,000 -2.2% $471 / Sq Ft
06/24/2025 06/24/25 Price Changed $950,000 -2.6% $482 / Sq Ft
06/06/2025 06/06/25 Price Changed $974,999 -1.4% $494 / Sq Ft
05/23/2025 05/23/25 For Sale $989,000 +97.8% $502 / Sq Ft
06/24/2022 06/24/22 Sold $500,000 +11.1% $254 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $450,000 -- $228 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8389218

Stellar MLS