- 4 beds
- 4 baths
- 1,972 sqft
- 6,364 sqft lot
- $494 per sqft
- 1925 build
- – on site
Turnkey and ready for immediate potential income production. Set along a charming stretch of St. Petersburg’s signature red brick roads, this turnkey multifamily compound offers an exceptional opportunity for investors seeking a fully operational, potentially income-producing property with enduring value. From the moment you arrive, you know how special these are—each residence offering its distinct vibe, thoughtfully curated for comfort and character. Configured for short-term (30-day minimum) and long-term rental use, the property features four one-bedroom, one-bath residences, each with a flexible bonus room and individual utility metering. Every home comes fully outfitted with kitchen essentials, fresh linens and contemporary furnishings, making each unit move-in ready for immediate occupancy. Behind the scenes, extensive infrastructure updates provide seamless ownership. All five structures feature new roofs (2022), with additional enhancements including new siding, new windows, new doors, new plumbing, and new electrical and HVAC systems. Interiors are appointed with granite countertops, luxury vinyl plank flooring and modern cabinetry, combining durability with stylish functionality. A detached two-car garage has been transformed into a shared lounge or optional on-site manager’s quarters. A separate commercial-grade laundry facility includes new coin-operated appliances, offering added convenience and supplemental income. At the center of the property, a vibrant communal courtyard wrapped in café lighting, tropical landscaping and bistro-style seating creates a boutique hospitality setting that encourages gathering and connection. Artistic flourishes, including hand-painted tropical murals in select units, contribute unique visual identity and charm. Centrally located just minutes from downtown St. Petersburg, Crescent Lake, The Pier and Gulf beaches—with direct access to Interstate 275 and just 20 minutes from Tampa International Airport—this property is ideally positioned to attract the potential of consistent rental demand. A polished, personality-driven asset in a prime corridor, this is a rare opportunity to own a fully stabilized and visually distinct investment in one of the city’s desirable neighborhoods.
Last checked:
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Last updated Jun 10, 2025
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MLS# TB8389218 —
The Building
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Year Built:1925
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New Construction:false
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Construction Materials:Vinyl Siding
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Levels:One
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Roof:Shingle
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Foundation Details:Block
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Window Features:Blinds
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Patio And Porch Features:Front Porch
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Security Features:Security Lights
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Green Indoor Air Quality:Ventilation
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# of Buildings:5
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Building Area Total:2032
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Building Area Units:Square Feet
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Building Area Source:Owner
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Luxury Vinyl
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Additional Rooms:Bonus Room
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Fireplace:false
Room Dimensions
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Living Area:1972
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions: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.
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Latitude:27.797742
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Longitude:-82.655404
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Coordinates:-82.655404, 27.797742
The Property
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Parcel Number:123116691020060130
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Features:City Lot
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Lot Size Acres:0.15
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Lot Size Area:6364
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Lot Size SqFt:6364
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Lot Size Dimensions:47 x 134
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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View:false
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Exterior Features:Fenced
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Water Source:Public
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Green Landscaping:Veg. (Productive) Garden
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Road Responsibility:Public Maintained Road
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Road Surface Type:Brick
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Road Frontage Type:Street Brick
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Flood Zone Code:x
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 304-8776
- Office phone:
- (727) 595-1604
Taxes
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Tax Year:2024
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Tax Lot:13
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Tax Block:6
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Tax Legal Description:PINE CITY SUB REPLAT BLK 6, LOT 13
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Tax Book Number:5-74
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Tax Annual Amount:$9,181.26
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://arnold-novak-photography.aryeo.com/videos/01958525-7633-7396-a23f-fc5f44a0ae2f
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Mini-Split Unit(s)
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Appliances:Convection Oven
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Laundry Features:Common Area
Schools
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Elementary School:Woodlawn Elementary-PN
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Middle Or Junior School:Meadowlawn Middle-PN
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High School:St. Petersburg High-PN
The Community
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Subdivision Name:PINE CITY SUB REP
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1
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Carport:false
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Covered Spaces:1
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Open Parking:true
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Parking Features:Covered
Extra Units
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# of Units Total:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/6/25
Jun 6, 2025
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Price Changed | STELLAR_MLS | $974,999 | -1.4% |
5/23/25
May 23, 2025
|
Listed / Active | STELLAR_MLS | $989,000 | 97.8% (33.6% / YR) |
4/28/25
Apr 28, 2025
|
Price Changed | STELLAR_MLS |