$450,000
512 88TH AVENUE N
ST PETERSBURG, FL, 33702
Incredible value-add triplex opportunity! This fully renovated duplex comes with approved city permits and building plans to construct a 2 bed / 1 bath unit over the existing detached 2-car garage, creating a high-performing triplex. Located in a prime area near restaurants, grocery stores, and shopping centers, each 1 bed / 1 bath unit has updated flooring, cabinets, quartz countertops, appliances, and a full electrical rewire completed in 2024. Washer/dryer hookups and appliances were also added for each unit in 2024. Both units are leased, providing immediate income, and the detached garage is separately rented as storage for additional monthly revenue. Building plans and permit transfer with the sale, allowing the new owner to start construction right away or use their own contractor. Buyer to verify all development details with the city.
Property Details
Price:
$450,000
MLS #:
TB8415065
Status:
Active
Beds:
2
Baths:
2
Address:
512 88TH AVENUE N
Type:
Multi Family
Subtype:
Triplex
Subdivision:
KELLY JOHN ALEX-BRUCE SUB
Neighborhood:
33702 – St Pete
City:
ST PETERSBURG
Listed Date:
Aug 7, 2025
State:
FL
Finished Sq Ft:
816
ZIP:
33702
Lot Size:
6,421 sqft / 0.15 acres (approx)
Year Built:
1958
Units:
3
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
None
Exterior
Construction Materials
Asbestos
Exterior Features
Fenced
Roof
Shingle
Financial
Tax Year
2023
Taxes
$2,412
Mortgage Calculator
Map
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512 88TH AVENUE N
ST PETERSBURG, FL
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