$ 1,125,000
Property Attributes
  • MLS#T3507550
  • TypeIncome
  • CountyPINELLAS
  • AreaSt Pete
  • NeighborhoodPalmetto Park
  • Zip33712
  • StyleTriplex
  • Year Built1925
  • Taxes$ 8027
  • Price$ 1,125,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2530
  • Lot Size0.13 Acres
Data Source:
Stellar MLS
Property Description

Welcome to your dream INVESTMENT opportunity in the heart of St. Petersburg, Florida! FREE HOME WARRANTY ON ALL UNITS/CLEAN 4 POINT AND WIND MIT TRANSFERABLE TO BUYER This completely REMODELED cash-flowing TRIPLEX is situated just one block from Central Ave on a CORNER-LOT, offering convenience and charm in equal measure. Step into modern luxury with a host of recent upgrades including a NEW ROOF in 2021, BRAND NEW CENTRAL HVAC and DUCT WORK installed in 2023, NEW PLUMBING 2023 throughout the property including water lines, NEW ELECTRICAL IN 2023 including brand new ELECTRICAL PANELS AND 3 NEW SEPARATE ELECTRIC METERS, NEW LUXURY VINYL PLANK FLOORING throughout, FRESH EXTERIOR AND INTERIOR PAINT 2023, and NEW WINDOWS 2023, ensuring peace of mind for years to come with all permits on public record. Each unit has 2 bedrooms and 1 bathroom with one currently being occupied and rented at $2,500 dollars per month on a 1 year lease. The front unit, Unit A, is the largest unit having 2 bedrooms, 1 bathroom plus an OFFICE/DEN area as well as a FIREPLACE. The upstairs unit, Unit B, has a separate a dining room off the kitchen, 2 bedrooms, 1 bathroom and a separate laundry room area currently a PADSPLIT with each tenant paying $1200 per month. This unit is FULLY FURNISHED with queen beds w/headboards, couch, TVs in bedrooms, TV in living room, fully kitchen set and MORE! Unit C is the back unit and has 2 bedrooms, 1 bathroom with a MUD ROOM in the front for additional storage space. This unit does have 2 bedrooms however one of the bedrooms is really ideal for an office space. The units have NEW CEILING FANS in the living rooms and bedrooms as well as LED mirrors in all the bathrooms, making this triplex primed for efficiency and functionality. Inside each unit, you'll find contemporary finishes and thoughtful touches at every turn including glass door knobs! Enjoy the convenience of NEWER STAINLESS STEEL APPLIANCES, complete with DISHWASHERS, and stackable front-loading WASHER AND DRYERS in each unit. Organized living is made easy with CLOSET ORGANIZERS in bedrooms boasting WALK-IN CLOSETS, while CEILING FANS keep the living spaces and bedrooms comfortable year-round. The kitchens and bathrooms feature NEW CABINETS, QUARTZ countertops, and gold faucets and knobs for a modern look! Outside, the property dazzles with freshly painted exteriors featuring a CHIC MURAL, adding a touch of character to the neighborhood as well as NEW LANDSCAPING IN 2024. The property has its own PARKING LOT in the back of the property containing 6 PARKING SPACES, ensuring hassle-free parking for residents and guests alike. But the perks don't end there - this triplex comes complete with a CLEAN 4 POINT INSPECTION (see attached) and WIND MITIGATION REPORT completed in 2024, transferable to the buyer. Plus, enjoy a FREE HOME WARRANTY on all units, providing further assurance of a worry-free investment. Tenants pay electric as there are 3 separate electric meters and the owner pays water with the property only having 1 water meter. Don't miss your chance to own this meticulously updated triplex in a prime location, perfectly blending modern convenience with St. Pete's timeless charm. Schedule your showing today and seize the opportunity to make this cash-flowing gem yours! PLEASE SEE ATTACHMENTS WITH FINANCING PACKAGE, INSURANCE QUOTE, INSPECTION REPORTS, AND MORE!

Price History
2/28/2024 Listed $1,190,000
3/12/2024 3% - $1,165,000
5/5/2024 2% - $1,145,000
5/24/2024 2% - $1,125,000

General Features

Interior Features Ceiling Fan(s),Open Floorplan,Walk-In Closet(s),Window Treatments
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Shingle
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Exterior Features Other
Construction Materials Wood Frame
Year Built 1925
Levels Two
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 83496
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name PALMETTO PARK
Garage Y/N No
Status Active
Directions At Exit 23B,head on the ramp right and follow signs for FL-595 0.3 mi Keep right,heading toward Treasure Island 0.7 mi Turn left onto 28th St N 0.4 mi Turn right onto 1st Ave N 0.2 mi
ModificationTimestamp 2024-05-24T01:07:08.173Z
Buyer Agent Compensation 2.5%-$495
Disclosures Lead Paint
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 3
MLS Area 33712 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 5449
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 8027.52
Additional Parcels Y/N No
Virtual Tour
Days on Market 86
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description PALMETTO PARK BLK 2,LOT 1
Water Access Y/N No
Water View Y/N No
Flood Zone Code x

Interior Features

Flooring Luxury Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N Yes
Laundry Features Laundry Room
Total Bedrooms 6
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Water Source Public
Lot Size Area 5449
Foundation Details Other
Number of Buildings 1
Lot Dimensions 50 x 110
Lot Size Acres 0.13
Road Surface Type Paved
Number of Separate Water Meters 1
Number of Separate Electric Meters 3


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33712

AVG $830K
AVG $5,281
AVG 645
Data Provided by Inside Real Estate®
Year Built
AVG 1934