Price Reduced 15.97%
Price History
$1,190,000
3/13/2025
$1,000,000
4/14/2025
1615 28TH AVENUE N, St. Petersburg, FL, 33713

4 beds
1925
1,972 sqft
NEVER FLOODED. NO FLOOD INSURANCE REQUIRED. Seize the opportunity to own this fully furnished, turnkey investment property in the heart of St. Petersburg! Completely renovated and designed for potential income generation, this FIVE-UNIT gem offers modern upgrades and stylish furnishings. Each unit is move-in ready with all the essentials, plush linens, fresh towels and a fully stocked kitchen. Vibrant tropical murals in select units add a unique artistic touch. The property includes four charming one-bedroom, one-bath bungalows with office/bonus rooms, all individually metered for utilities and equipped with private water heaters. A separate garage apartment serves as an efficiency-style rental or an ideal on-site manager’s office. Recent upgrades ensure durability and low maintenance, featuring five new roofs (2022), new windows, doors, exterior siding, luxury vinyl flooring, cabinets, granite countertops and significant plumbing, electrical and HVAC enhancements. A central laundry room provides added convenience and extra income potential with a new coin-operated commercial-grade extra-large, stacked set of a 3.5-cubic-foot washer and 7-cubic-foot electric dryer. Step outside to a beautifully designed communal space, where outdoor seating, a grill area and twinkling café lights create a magical ambiance, ideal for evening gatherings. On historic red brick roads, this prime location offers easy access to St. Petersburg’s best dining, shopping and entertainment, plus downtown, The Pier, Crescent Lake and the Gulf beaches. Just 20 minutes from Tampa International Airport with quick access to Interstate 275, it’s ideally positioned for rental demand. Don’t miss this rare, turnkey investment opportunity in one of St. Pete’s sought-after neighborhoods. Schedule your showing today.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area, In Garage, Laundry Room, Other
Units:
5
Subdivision:
PINE CITY SUB REP
Garage:
1-car Covered, Garage Faces Rear, Ground Level, On Street
Heating:
Electric, Space Heater, Wall Units / Window Unit
Cooling:
Mini-Split Unit(s), Wall/Window Unit(s)
Lot Size:
47 x 134
Acreage:
0.15
Est. Taxes:
$9,181
Construction
Vinyl Siding
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Public, Street Lights, Water Connected
Lot Description:
City Lot, Landscaped, Sidewalk
Elementary School:
Woodlawn Elementary-PN
Middle School:
Meadowlawn Middle-PN
High School:
St. Petersburg High-PN
Days on Market:
32
Appliances:
Convection Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Refrigerator, Tankless Water Heater, Washer
MLS #:
TB8359995
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of PREMIER SOTHEBY'S INTL REALTY Phone: 727-595-1604