623 Mound Park Way S, St Petersburg, FL 33701
- $799,000
- 1,510
- SqFt
- List Price
- $799,000
- Status
- Active
- Days on Market
- 1
- MLS#
- TB8551289
- Property Style
- Triplex
- Year Built
- 1921
- Living Area
- 1,510
- Lot Size
- 1,625
- Acres
- 0.04
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Nicholsons J W Sub
- MLS Area Major
- St Pete
Property Description
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district. All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units. The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside. This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.
Additional Information
- Taxes
- $7889
- Community Features
- No Deed Restriction
- Interior Layout
- Ninguno
- Interior Features
- Ninguno
- Utilities
- Cable Available
- Heating
- Ductless
- Air Conditioning
- Mini-Split Unit(s)
- Exterior Construction
- Frame
- Exterior Features
- Lighting
- Roof
- Shingle
- Foundation
- Other
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 19-31-17-60066-000-0070
- Legal Description
- NICHOLSON'S, J.W. SUB LOT 7
Listing courtesy of KOONS REAL ESTATE INC. 218-232-6595
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